Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Tenaga Nasional Berhad

Market Cap: US$77.1b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

ANTA Sports Products

Market Cap: €225.1b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Comcast

Market Cap: €99.7b

Operates as a media and technology company worldwide.

Befesa

Market Cap: €1.1b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Xerox Holdings

Market Cap: US$391.7m

Operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America, Europe, the Middle East, Africa, India, and internationally.

Fortune Brands Innovations

Market Cap: US$6.0b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Hikma Pharmaceuticals

Market Cap: €3.5b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

Vallourec

Market Cap: €4.0b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

China Mengniu Dairy

Market Cap: €56.0b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Wolters Kluwer

Market Cap: €21.9b

Provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, Africa, and internationally.

Rithm Capital

Market Cap: US$6.1b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Apeloa PharmaceuticalLtd

Market Cap: CN¥17.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

McBride

Market Cap: €202.1m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Mattel

Market Cap: US$5.8b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Axalta Coating Systems

Market Cap: US$6.2b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Align Technology

Market Cap: €9.7b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Binggrae

Market Cap: ₩654.3b

Engages in production and sale of dairy products in South Korea and internationally.

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

Engages in the research, design, production, and sale of small household appliances in China and internationally.

NetEase Cloud Music

Market Cap: HK$46.7b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Sinoma International EngineeringLtd

Market Cap: CN¥25.2b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Sonic Healthcare

Market Cap: US$10.3b

Offers medical diagnostic services, and administrative services and facilities to medical practitioners in Australia, the United States, Germany, and internationally.

GE HealthCare Technologies

Market Cap: €33.3b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

Manufactures and sells steel structures and supporting products in China and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥77.8b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Hyosung TNC

Market Cap: ₩863.1b

Manufactures and sells fiber in South Korea and internationally.

Assetwise

Market Cap: ฿5.6b

Engages in property development and other real estate activities in Thailand.

China Resources Land

Market Cap: HK$198.5b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.2b

Produces and sells solid content, waterborne, solvent free, and special function coating products in China.

Emaar Properties PJSC

Market Cap: د.إ120.2b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Shofu

Market Cap: JP¥65.7b

Manufactures and sells dental materials and equipment worldwide.

Haidilao International Holding

Market Cap: HK$72.8b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.4b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

Manufactures and sells steel structures and supporting products in China and internationally.

Horizon Construction Development

Market Cap: HK$3.7b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

IPH

Market Cap: AU$941.3m

Provides intellectual property (IP) services and products.