Global Undervalued based on future growth

Samsung Electronics

Market Cap: ₩1707.0t

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

SK hynix

Market Cap: ₩1123.4t

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

SK Square

Market Cap: ₩143.6t

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

Bayerische Motoren Werke

Market Cap: €49.4b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Mercedes-Benz Group

Market Cap: €47.0b

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.

China CSSC Holdings

Market Cap: CN¥309.9b

Engages in the shipbuilding and repair businesses in China.

Shanghai Pudong Development Bank

Market Cap: CN¥305.7b

Shanghai Pudong Development Bank Co., Ltd.

People's Insurance Company (Group) of China

Market Cap: HK$337.9b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

JD.com

Market Cap: US$40.7b

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

Muyuan Foods

Market Cap: CN¥265.8b

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

Oil and Natural Gas

Market Cap: ₹3.5t

Engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally.

Bank of Ningbo

Market Cap: CN¥216.4b

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

Honda Motor

Market Cap: JP¥4.9t

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

FirstRand

Market Cap: R506.0b

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

Bank of Jiangsu

Market Cap: CN¥206.5b

Provides various banking products and services in China.

Nanya Technology

Market Cap: NT$873.8b

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Banco do Brasil

Market Cap: R$126.0b

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

Bunge Global

Market Cap: US$25.3b

Operates as an agribusiness and food company worldwide.

CSC Financial

Market Cap: HK$188.8b

Provides investment banking services in Mainland China and internationally.

MTN Group

Market Cap: R388.5b

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

BOE Technology Group

Market Cap: CN¥154.3b

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

Banco Santander (Brasil)

Market Cap: R$109.6b

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

HD Korea Shipbuilding & Offshore Engineering

Market Cap: ₩32.0t

HD Korea Shipbuilding & Offshore Engineering Co., Ltd.

Guangdong Songfa CeramicsLtd

Market Cap: CN¥146.9b

Produces and sells ceramic products in China and internationally.

Bank of Nanjing

Market Cap: CN¥141.9b

Engages in the provision of various financial products and services in China.

Korea Electric Power

Market Cap: ₩28.9t

Engages in the generation, transmission, and distribution of electricity in South Korea and internationally.

China International Capital

Market Cap: HK$156.6b

Provides financial services in Mainland China and internationally.

Traton

Market Cap: €16.7b

Manufactures and sells commercial vehicles in Germany, rest of Europe, the United States of America, rest of North America, Brazil, rest of South America, and internationally.

Global Payments

Market Cap: US$19.1b

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

TS Financial Holding

Market Cap: NT$595.5b

Provides various financial products and services.

Saudi Energy

Market Cap: ر.س71.2b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Bank of Hangzhou

Market Cap: CN¥124.6b

Provides various banking products and services in China.

China Galaxy Securities

Market Cap: HK$138.9b

Provides various financial services in China, Hong Kong, and internationally.

XCMG Construction Machinery

Market Cap: CN¥118.8b

Engages in the manufacturing and sale of construction machinery in China.

Raiffeisen Bank International

Market Cap: €14.8b

Offers banking services to corporate, retail, and institutional customers.