Global Undervalued based on future growth

AGI

Market Cap: US$1.5b

Provides technology-based specialized financial services in Brazil.

Chongqing Department StoreLtd

Market Cap: CN¥10.3b

Operates department stores, shopping centers, supermarkets, and electrical appliances stores in the People's Republic of China.

BW Energy

Market Cap: NOK 14.5b

Engages in the exploration and production of oil and gas properties.

Live Oak Bancshares

Market Cap: US$1.5b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Longyan Zhuoyue New Energy

Market Cap: CN¥10.2b

A renewable company, engages in the producing and sale of biodiesel and bio-based materials from waste oil resources in China.

Dana Gas PJSC

Market Cap: د.إ5.5b

Engages in the exploration, production, ownership, transportation, processing, distribution, marketing, and sale of natural gas and petroleum related products in the United Arab Emirates, Iraq, and Egypt.

Ellington Financial

Market Cap: US$1.5b

Through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

Alkane Resources

Market Cap: AU$2.1b

Operates as a gold exploration and production company in Australia.

Kohl's

Market Cap: US$1.5b

Operates as an omnichannel retailer in the United States.

Inox Wind

Market Cap: ₹135.5b

Engages in the manufacture and sale of wind turbine generators and components for independent power producers, utilities, public sector undertakings, businesses, and private investors in India.

Aveanna Healthcare Holdings

Market Cap: US$1.5b

A diversified home care platform company, provides pediatric and adult healthcare services in the United States.

Magazine Luiza

Market Cap: R$7.6b

Engages in the retail sale of consumer goods.

Derichebourg

Market Cap: €1.3b

Provides environmental services to businesses, and local and municipal authorities.

Wacker Neuson

Market Cap: €1.3b

Manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally.

SILICON2

Market Cap: ₩2.2t

Engages in the distribution of cosmetics products worldwide.

Zip Co

Market Cap: AU$2.0b

Engages in the provision of digital retail finance, personal finance, and payments solutions in Australia, New Zealand, and the United States.

Union Bank of the Philippines

Market Cap: ₱84.9b

Provides commercial banking products and services in the Philippines.

TIMAH

Market Cap: Rp24.1t

Engages in tin mining and smelting operations in Indonesia and internationally.

AMOREPACIFIC Holdings

Market Cap: ₩2.1t

Through its subsidiaries, engages in manufacturing, marketing, and trading of cosmetics, household goods, and health functional foods in Korea, Asia, North America, and internationally.

Três Tentos Agroindustrial S/A

Market Cap: R$7.4b

Operates in the agribusiness sector in Brazil.

Sally Beauty Holdings

Market Cap: US$1.4b

Operates as a specialty retailer and distributor of professional beauty supplies.

M. Dias Branco Indústria e Comércio de Alimentos

Market Cap: R$7.4b

Manufactures, distributes, and sells food products in Brazil.

Apex Mining

Market Cap: ₱84.0b

Engages in exploration and production of metals and minerals in the Philippines.

Dime Community Bancshares

Market Cap: US$1.4b

Operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services.

Nomad Foods

Market Cap: US$1.4b

Manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally.

361 Degrees International

Market Cap: HK$10.9b

An investment holding company, manufactures and trades in sporting goods in the People’s Republic of China.

Hope Bancorp

Market Cap: US$1.4b

Operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States.

Bird Construction

Market Cap: CA$1.9b

Provides construction services in Canada.

Orchid Island Capital

Market Cap: US$1.4b

A specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States.

Morimatsu International Holdings

Market Cap: HK$10.8b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

DigiPlus Interactive

Market Cap: ₱82.3b

Through its subsidiaries, operates as a digital entertainment company in the Philippines.

Foschini Group

Market Cap: R22.9b

Operates retail stores in South Africa and internationally.

Henan Zhongyuan Expressway

Market Cap: CN¥9.4b

Engages in investment, construction, operation, and management of expressways in China.

Zhejiang Taihua New Material Group

Market Cap: CN¥9.4b

Zhejiang Taihua New Material Group Co., Ltd.

Jindal Saw

Market Cap: ₹125.2b

Engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally.

Robinsons Land

Market Cap: ₱80.9b

Acquires, develops, operates, leases, disposes, and sells real estate properties in the Philippines.