Global Undervalued based on future growth

Samsung Electronics

Market Cap: ₩1119.5t

Engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide.

SK hynix

Market Cap: ₩612.6t

Research, develops manufactures, and sells semiconductor devices in Korea, China, rest of Asia, the United States, and Europe.

Micron Technology

Market Cap: US$362.9b

Designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.

Banco Santander

Market Cap: €137.0b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Apollo Global Management

Market Cap: US$62.7b

A private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets.

Mercedes-Benz Group

Market Cap: €49.2b

Operates as an automotive company in Europe, Germany, North America, the United States, Asia, China, and internationally.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

SK Square

Market Cap: ₩67.4t

Invests in semiconductor, and information and communication technologies in South Korea, China, Asia, the United States, and Europe.

JD.com

Market Cap: US$39.3b

Operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.

Kia

Market Cap: ₩58.9t

Manufactures and sells vehicles in South Korea, North America, and Europe.

Muyuan Foods

Market Cap: CN¥243.8b

Operates as a pork company in the hog farming industry in China.

China CSSC Holdings

Market Cap: CN¥229.9b

Engages in the shipbuilding and repair businesses in China.

Kimberly-Clark

Market Cap: US$32.7b

Manufactures and markets personal care products in the United States.

Devon Energy

Market Cap: US$32.3b

An independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

Honda Motor

Market Cap: JP¥4.9t

Develops, manufactures, and distributes motorcycles, automobiles, and power products in Japan, North America, Europe, Asia, and internationally.

China State Construction Engineering

Market Cap: CN¥205.4b

Operates as an investment and construction company in China and internationally.

Bank of Ningbo

Market Cap: CN¥198.9b

Provides various personal and business banking products and services in the People's Republic of China.

Bank of Jiangsu

Market Cap: CN¥198.4b

Provides various banking products and services in China.

Aluminum Corporation of China

Market Cap: HK$225.0b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

FirstRand

Market Cap: R480.4b

Provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally.

China Everbright Bank

Market Cap: CN¥188.5b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Vedanta

Market Cap: ₹2.6t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

Tata Steel

Market Cap: ₹2.4t

Engages in the manufacture and distribution of steel products in India and internationally.

Citizens Financial Group

Market Cap: US$24.6b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Banco do Brasil

Market Cap: R$127.9b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

CSC Financial

Market Cap: HK$172.6b

Provides investment banking services in Mainland China and internationally.

Banco Santander (Brasil)

Market Cap: R$110.3b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

BOE Technology Group

Market Cap: CN¥145.0b

Operates display, Internet of Things (IoT) innovation, sensor, and MLED, smart medicine engineering, and other business in Mainland China and internationally.

MTN Group

Market Cap: R352.8b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Humana

Market Cap: US$20.3b

Provides medical and specialty insurance products in the United States.

Bank of Nanjing

Market Cap: CN¥139.7b

Provides various financial products and services in China.

Wiwynn

Market Cap: NT$626.3b

Engages in the research, development, design, testing, and sales of semi products, and peripheral equipment and parts in the United States, Europe, Asia, and internationally.

China Railway Group

Market Cap: CN¥127.3b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

TS Financial Holding

Market Cap: NT$590.6b

Provides various financial products and services.

China Galaxy Securities

Market Cap: HK$142.4b

Provides various financial services in the People’s Republic of China.

Global Payments

Market Cap: US$18.1b

Provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific.