Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Middle East Healthcare

Market Cap: ر.س5.3b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Trajan Group Holdings

Market Cap: AU$114.3m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Regional Management

Market Cap: €331.2m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Capgemini

Market Cap: €23.0b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Griffon

Market Cap: US$3.8b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

Mattel

Market Cap: €6.5b

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.

Capgemini

Market Cap: €23.0b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Transcontinental

Market Cap: €1.7b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

TotalEnergies

Market Cap: €113.6b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Colabor Group

Market Cap: CA$96.9m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Kaufman & Broad

Market Cap: €612.7m

Operates as a property developer and builder in France.

Chorus Aviation

Market Cap: US$621.4m

Through its subsidiaries, provides aviation services.

Bank Mandiri (Persero)

Market Cap: €448.0t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

CES Energy Solutions

Market Cap: €1.6b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Pollard Banknote

Market Cap: €616.6m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

TotalEnergies

Market Cap: US$113.6b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

OceanaGold

Market Cap: €4.6b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

ACT Energy Technologies

Market Cap: CA$164.0m

Provides directional drilling services to oil and natural gas companies in Canada and the United States.

ProCredit Holding

Market Cap: €536.0m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Torex Gold Resources

Market Cap: US$3.7b

Operates as an intermediate gold producer.

Arcadis

Market Cap: €3.8b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

FDJ United

Market Cap: €5.6b

Engages in the gaming operation and distribution business in France and internationally.

Arnoldo Mondadori Editore

Market Cap: €538.6m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

d'Amico International Shipping

Market Cap: €408.1m

Through its subsidiaries, operates as a marine transportation company worldwide.

Koenig & Bauer

Market Cap: €235.0m

Develops and manufactures printing and postprint systems worldwide.

GFT Technologies

Market Cap: €486.6m

Provides digital transformation services.

DEME Group

Market Cap: €3.3b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Aica Kogyo Company

Market Cap: €229.6b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

SergeFerrari Group

Market Cap: €63.2m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

FNM

Market Cap: €180.9m

Engages in the railway mobility business in Italy.

Afry

Market Cap: SEK 17.8b

Provides engineering, design, and advisory services for the infrastructure, industry, and energy sectors in the Nordics, North America, South America, Asia, rest of Europe, and internationally.

Amphastar Pharmaceuticals

Market Cap: US$1.1b

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Serabi Gold

Market Cap: CA$143.1m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Vetoquinol

Market Cap: €891.8m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas, and the Asia Pacific region.