Global Undervalued based on future growth

Tongkun Group

Market Cap: CN¥37.2b

Manufactures and sells civilian polyester filament yarns in China and internationally.

Lion Finance Group

Market Cap: UK£3.9b

Through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets.

Atlantic Union Bankshares

Market Cap: US$5.2b

Operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States.

Ingram Micro Holding

Market Cap: US$5.2b

Through its subsidiaries, distributes information technology products, cloud, and other services in North America, Europe, the Middle East, Africa, the Asia-Pacific, Latin America, and internationally.

Turkcell Iletisim Hizmetleri

Market Cap: ₺219.8b

Provides converged telecommunication and technology services in Turkey, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands.

Chord Energy

Market Cap: US$5.1b

Operates as an independent exploration and production company in the United States.

Pampa Energía

Market Cap: AR$7.4t

Operates as an integrated power company in Argentina.

Hankook Tire & Technology

Market Cap: ₩7.5t

Manufactures and sells tires in South Korea and internationally.

DB Insurance

Market Cap: ₩7.4t

Provides various insurance products and services in South Korea.

Hanjaya Mandala Sampoerna

Market Cap: Rp83.7t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia and Internationally.

Qilu Bank

Market Cap: CN¥35.3b

QILU BANK CO., LTD. provides personal and corporate banking services in the People’s Republic of China.

Brink's

Market Cap: US$5.0b

Provides cash and valuables management, digital retail solutions, and automated teller machines (ATM) managed services in North America, Latin America, Europe, and internationally.

Millrose Properties

Market Cap: US$4.9b

Millrose purchases and develops residential land and sells finished homesites to homebuilders by way of option contracts with predetermined costs and takedown schedules.

Bank of Maharashtra

Market Cap: ₹440.8b

Provides various banking products and services in India.

Frontline

Market Cap: US$4.9b

A shipping company, engages in the ownership and operation of oil and product tankers worldwide.

Mazda Motor

Market Cap: JP¥762.9b

Engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North America, Europe, and internationally.

Scancom

Market Cap: GH₵55.6b

Provides telecommunications services in Ghana.

Grupo Aval Acciones y Valores

Market Cap: Col$18.4t

Provides a range of financial services and products to public and private sector customers in Colombia and Central America.

Lazard

Market Cap: US$4.8b

Operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Ayala

Market Cap: ₱280.0b

Engages in the real estate and hotel businesses in the Philippines, Europe, Asia, and the United States.

Yadea Group Holdings

Market Cap: HK$37.0b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

Housing and Urban Development

Market Cap: ₹422.9b

Provides loans and financing for housing and urban development projects in India.

C&D International Investment Group

Market Cap: HK$36.6b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.0b

Manufactures and sells power distribution in China and internationally.

Xinyi Glass Holdings

Market Cap: HK$36.4b

An investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications.

Asia Commercial Bank

Market Cap: ₫122.8t

Provides various banking products and services to personal and business customers in Vietnam.

Crocs

Market Cap: US$4.6b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Türk Telekomünikasyon Anonim Sirketi

Market Cap: ₺198.6b

Operates as an integrated telecommunication company in Turkey.

Bank of Chongqing

Market Cap: HK$35.9b

Provides various banking and services for corporate and individual customers in the People’s Republic of China.

Zhen Ding Technology Holding

Market Cap: NT$144.6b

Engages in the design, development, manufacture, and sale of printed circuit boards (PCB) products in the United States, Mainland China, Taiwan, Singapore, and internationally.

Sany Renewable EnergyLtd

Market Cap: CN¥32.2b

Engages in the research and development, manufacture, and sale of wind turbines and generators in China.

SSR Mining

Market Cap: CA$6.3b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

Torex Gold Resources

Market Cap: CA$6.3b

Operates as an intermediate gold producer.

Enel Generación Chile

Market Cap: CL$4.1t

Engages in the generation, transmission, and distribution of energy in Chile.

LG Innotek

Market Cap: ₩6.6t

Engages in the manufacture and sale of electronic materials and components for mobile, display, semiconductor, automobile, and Internet of Things (IoT) fields in South Korea and internationally.

Henan Zhongfu IndustrialLtd

Market Cap: CN¥31.4b

Processes, manufactures, and sells electrolytic aluminum and aluminum products in China.