Global Undervalued based on future growth

YTL Corporation Berhad

Market Cap: RM 19.2b

Operates as an integrated infrastructure developer.

CSSC Offshore & Marine Engineering (Group)

Market Cap: HK$37.9b

Manufactures and sells marine and defense equipment in the People’s Republic of China, other regions in Asia, Europe, Oceania, North America, South America, and Africa.

Metropolitan Bank & Trust

Market Cap: ₱289.4b

Provides various commercial and investment banking products and services in the Philippines, rest of Asia, the United States of America, and Europe.

Copa Holdings

Market Cap: US$4.8b

Through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean.

Pampa Energía

Market Cap: AR$6.6t

Operates as an integrated power company in Argentina.

Grupo Aval Acciones y Valores

Market Cap: Col$17.5t

Provides a range of financial services and products in Colombia and Central America.

Powertech Technology

Market Cap: NT$151.8b

Researches, designs, develops, assembles, manufactures, packages, tests, and sells various integrated circuit (IC) products in Taiwan, Japan, Singapore, the United States, Europe, China, Hong Kong, Macao, and internationally.

Alamtri Minerals Indonesia

Market Cap: Rp80.3t

Engages in metallurgical coal mining business in Indonesia.

Beijing Roborock Technology

Market Cap: CN¥32.7b

Engages design, research and development, production, and sales of intelligent sweeping robots in China.

Axos Financial

Market Cap: US$4.7b

Operates as a consumer and business banking provider in the United States.

Türk Telekomünikasyon Anonim Sirketi

Market Cap: ₺207.0b

Operates as an integrated telecommunication company in Turkey.

Commercial Bank (P.S.Q.C.)

Market Cap: ر.ق17.0b

Engages in the conventional banking, brokerage, and credit card businesses in Qatar and internationally.

Bank of Chongqing

Market Cap: HK$36.5b

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

China Suntien Green Energy

Market Cap: HK$36.5b

Develops and utilizes clean energy in Mainland China.

Hankook Tire & Technology

Market Cap: ₩7.0t

Manufactures and sells tires in South Korea and internationally.

JD Sports Fashion

Market Cap: UK£3.5b

Engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for women and men in the United Kingdom, Europe, North America, the Asia Pacific, and internationally.

Alkermes

Market Cap: US$4.6b

A biopharmaceutical company, engages in the research, development, and commercialization of pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally.

Asia Commercial Bank

Market Cap: ₫121.2t

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

Bank of East Asia

Market Cap: HK$36.0b

Provides various banking and related financial services.

PennyMac Financial Services

Market Cap: US$4.6b

Through its subsidiaries, engages in the mortgage banking and investment management activities in the United States.

Saigon Thuong Tin Commercial Bank

Market Cap: ₫119.5t

Provides banking products and services to individual and corporate clients.

Perseus Mining

Market Cap: AU$6.4b

Explores, evaluates, develops, and mines for gold properties in Ghana, Côte d’Ivoire, Tanzania, and Sudan.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺200.1b

Engages in the production, sale, and distribution of sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, and the Middle East.

Banco Macro

Market Cap: AR$6.3t

Provides various banking products and services to retail and corporate customers in Argentina.

Torex Gold Resources

Market Cap: CA$6.1b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Tianneng Battery Group

Market Cap: CN¥30.4b

Researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automotive start-stop batteries, energy storage batteries, 3C batteries, backup batteries, and fuel cells in China and internationally.

e.l.f. Beauty

Market Cap: US$4.4b

A beauty company, provides cosmetics and skin care products worldwide.

Victory Capital Holdings

Market Cap: US$4.4b

Operates as an asset management company in the United States and internationally.

Travel + Leisure

Market Cap: US$4.4b

Provides hospitality services and travel products in the United States and internationally.

Haci Ömer Sabanci Holding

Market Cap: ₺194.4b

Engages in the management and coordination of companies in the finance, manufacturing, and trade sectors in Turkey and internationally.

Gentera. de

Market Cap: Mex$77.6b

Provides various financial products and services in Mexico and Peru.

Yadea Group Holdings

Market Cap: HK$34.1b

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.

Nine Dragons Paper (Holdings)

Market Cap: HK$34.1b

Manufactures and sells packaging paper, printing and writing paper, and specialty paper products and pulp in the People’s Republic of China.

Brink's

Market Cap: US$4.3b

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

Georg Fischer

Market Cap: CHF 3.4b

Engages in the provision of piping systems, and casting and machining solutions in the Americas, Asia-Pacific, Europe, Middle East, Africa, and internationally.

K92 Mining

Market Cap: CA$5.9b

Engages in the exploration and development of mineral deposits in Papua New Guinea.