Global Undervalued based on future growth

Guangxi Liugong Machinery

Market Cap: CN¥19.8b

Manufactures and sells construction machinery in China and internationally.

Qingdao Sentury Tire

Market Cap: CN¥19.8b

Engages in the development, production, and sale of tires primarily in China.

PVH

Market Cap: US$2.9b

Operates as an apparel company in the United States and internationally.

EQB

Market Cap: CA$3.9b

Through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada.

Bandhan Bank

Market Cap: ₹263.4b

Provides banking and financial services for personal and business customers in India.

Wesdome Gold Mines

Market Cap: CA$3.8b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Ta Chen Stainless Pipe

Market Cap: NT$89.2b

Manufactures, processes, and sells stainless steel pipes, plates, and fittings, and venetian blinds in Taiwan, the United States, China, and internationally.

Corporativo Fragua. de

Market Cap: Mex$49.3b

Operates pharmacy stores under the Superfarmacia name in Mexico.

Euronet Worldwide

Market Cap: US$2.8b

Provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers internationally.

Banco BBVA Argentina

Market Cap: AR$3.9t

Provides various banking products and services to individuals and companies in Argentina.

Kyndryl Holdings

Market Cap: US$2.8b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

Macnica Holdings

Market Cap: JP¥434.5b

Imports, sells, and exports electronic components in Japan.

Jiangsu Zenergy Battery Technologies Group

Market Cap: HK$21.3b

Jiangsu Zenergy Battery Technologies Group Co., Ltd.

SEB

Market Cap: €2.4b

Designs, manufactures, and markets small domestic equipment in Western Europe, rest of Europe, the Middle East, Africa, North and South America, China, and rest of Asia.

Credit Bank of Moscow

Market Cap: ₽164.3b

Credit Bank of Moscow (public joint-stock company) provides various banking products and services in Russia.

Banc of California

Market Cap: US$2.7b

Operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States.

Dongyue Group

Market Cap: HK$21.1b

An investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, liquid alkali, and other products in the People's Republic of China and internationally.

Telecom Egypt

Market Cap: ج.م140.5b

Provides public communications, and related products and services in Egypt.

Emerald Resources

Market Cap: AU$3.8b

Engages in the exploration and development of mineral reserves in Cambodia and Australia.

PagSeguro Digital

Market Cap: US$2.7b

Engages in the provision of financial and payment solutions for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally.

Legend Holdings

Market Cap: HK$21.0b

Legend Holdings Corporation, along with its subsidiaries, operates in the industrial operations and industrial incubations and investments sectors in the People’s Republic of China and internationally.

Zhuhai CosMX Battery

Market Cap: CN¥18.4b

Manufactures and supplies polymer lithium-ion batteries worldwide.

FB Financial

Market Cap: US$2.7b

Operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services.

Hypera

Market Cap: R$13.8b

Operates as a pharmaceutical company in Brazil.

First Financial Bancorp

Market Cap: US$2.7b

Operates as the bank holding company for First Financial Bank that provides commercial banking and banking-related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois.

Mari Energies

Market Cap: PK₨742.5b

Explores for, produces, and sells hydrocarbons in Pakistan.

Jiangsu Lihua Foods Group

Market Cap: CN¥18.2b

Jiangsu Lihua Foods Group Co., Ltd, together with its subsidiaries, breeds and sells livestock and poultry products in China.

Taiheiyo Cement

Market Cap: JP¥419.8b

Engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally.

Colt CZ Group

Market Cap: Kč55.9b

Engages in the production and sale of firearms, ammunition products, and tactical accessories in the Czech Republic, Canada the United States, rest of Europe, Africa, Asia, and internationally.

Medco Energi Internasional

Market Cap: Rp44.4t

Explores for and produces oil and gas in Indonesia, Asia, Africa, the Middle East, the United States of America, and Europe.

China Conch Venture Holdings

Market Cap: HK$20.5b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Ningbo Boway Alloy Material

Market Cap: CN¥17.9b

Researches, develops, manufactures, and sells non-ferrous alloy materials in Asia, Europe, North America, and internationally.

Lafarge Africa

Market Cap: ₦3.5t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

IKD

Market Cap: CN¥17.8b

Researches, develops, produces, and sells automotive aluminum alloy precision die castings parts in the United States, Europe, and Asia.

Andersen Group

Market Cap: US$2.6b

Provides independent tax, valuation, and financial advisory services to individuals and family offices, businesses, and institutional clients in the United States.

Shiga Bank

Market Cap: JP¥411.1b

Provides various banking products and services primarily in Japan.