Global Undervalued based on future growth

SK hynix

Market Cap: ₩183.6t

Engages in the manufacture, distribution, and sale of semiconductor products in Korea, China, rest of Asia, the United States, and Europe.

Micron Technology

Market Cap: US$124.5b

Designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.

UBS Group

Market Cap: CHF 93.2b

Provides financial advice and solutions to private, institutional, and corporate clients worldwide.

Lloyds Banking Group

Market Cap: UK£46.9b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

3i Group

Market Cap: UK£40.0b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

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.

Emaar Properties PJSC

Market Cap: د.إ138.8b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Oil and Natural Gas

Market Cap: ₹3.0t

Engages in the exploration, development, and production of crude oil and natural gas in India and internationally.

China Everbright Bank

Market Cap: CN¥234.5b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Super Micro Computer

Market Cap: US$32.5b

Develops and sells high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally.

Bank of Jiangsu

Market Cap: CN¥208.7b

Provides various banking products and services in China.

Stellantis

Market Cap: €24.5b

Engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide.

Hewlett Packard Enterprise

Market Cap: US$27.2b

Provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

CK Hutchison Holdings

Market Cap: HK$204.7b

An investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong, Mainland China, Europe, Canada, Asia, Australia, and internationally.

CSC Financial

Market Cap: HK$202.4b

Provides investment banking services in Mainland China and internationally.

Indian Oil

Market Cap: ₹2.0t

Indian Oil Corporation Limited, together with its subsidiaries, refines, pipeline transports, and markets petroleum products in India and internationally.

ASE Technology Holding

Market Cap: NT$667.1b

Provides semiconductor manufacturing services in assembly and testing in the United States, Taiwan, Europe, Asia, and internationally.

Gold Fields

Market Cap: R388.2b

Operates as a gold producer with reserves and resources in Australia, South Africa, Ghana, Peru, Chile, and Canada.

Citizens Financial Group

Market Cap: US$21.4b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

BOE Technology Group

Market Cap: CN¥151.2b

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

Banco do Brasil

Market Cap: R$115.5b

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

Nippon Steel

Market Cap: JP¥3.1t

Engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally.

Vedanta

Market Cap: ₹1.7t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

First Solar

Market Cap: US$19.9b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Steel Dynamics

Market Cap: US$19.4b

Operates as a steel producer and metal recycler in the United States.

Bank of Beijing

Market Cap: CN¥138.7b

Provides various banking services to personal and corporate customers in China.

China Communications Construction

Market Cap: HK$148.7b

Engages in the infrastructure construction, infrastructure design, and dredging businesses in Mainland China, Australia, Hong Kong, Africa, the Middle East, and Southeast Asia.

China Railway Group

Market Cap: CN¥135.5b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Traton

Market Cap: €15.8b

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.

HD Korea Shipbuilding & Offshore Engineering

Market Cap: ₩25.0t

HD Korea Shipbuilding & Offshore Engineering Co., Ltd.

Continental

Market Cap: €15.3b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

Korea Electric Power

Market Cap: ₩24.7t

An integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally.

Tourmaline Oil

Market Cap: CA$23.7b

Engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin.

Wens Foodstuff Group

Market Cap: CN¥120.8b

Operates as a livestock and poultry farming company in China.

Emaar Development PJSC

Market Cap: د.إ61.2b

Develops and sells residential and commercial build-to-sell properties in the United Arab Emirates.

Bank of Hangzhou

Market Cap: CN¥118.7b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.