U.S. Undervalued based on future growth

PVH

Market Cap: US$2.9b

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

Seacoast Banking Corporation of Florida

Market Cap: US$2.8b

Operates as the bank holding company for Seacoast National Bank that provides integrated financial services to retail and commercial customers in Florida.

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.

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.

First Financial Bancorp

Market Cap: US$2.6b

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.

FB Financial

Market Cap: US$2.6b

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

PagSeguro Digital

Market Cap: US$2.6b

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.

Euronet Worldwide

Market Cap: US$2.6b

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

CVB Financial

Market Cap: US$2.5b

Operates as bank holding company for Citizens Business Bank, National Association, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals.

Diebold Nixdorf

Market Cap: US$2.5b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Dynex Capital

Market Cap: US$2.5b

A mortgage real estate investment trust, invests in residential and commercial mortgage-backed securities (MBS) in the United States.

BioCryst Pharmaceuticals

Market Cap: US$2.4b

A biotechnology company, developing and commercializing medicines for hereditary angioedema (HAE) and other rare diseases.

Beacon Financial

Market Cap: US$2.4b

Operates as the bank holding company for Beacon Bank & Trust that provides various banking services in New England, New York, the United States, and internationally.

RH

Market Cap: US$2.4b

Operates as a retailer and lifestyle brand in the home furnishings market in the United States, Canada, the United Kingdom, Germany, Belgium, and Spain.

Crane NXT

Market Cap: US$2.3b

Operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets.

Robert Half

Market Cap: US$2.3b

Provides talent solutions and business consulting services in the United States and internationally.

Customers Bancorp

Market Cap: US$2.3b

Operates as the bank holding company for Customers Bank that provides banking products and services.

Andersons

Market Cap: US$2.2b

Operates as an agriculture and renewable fuels company in the United States, Canada, Mexico, and internationally.

Sezzle

Market Cap: US$2.2b

Operates as a technology-enabled payments company primarily in the United States and Canada.

Rattler Midstream

Market Cap: US$2.2b

Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins of the Permian Basin.

Bancorp

Market Cap: US$2.2b

Operates as the financial holding company for The Bancorp Bank, National Association that provides banking products and services in the United States.

ABM Industries

Market Cap: US$2.2b

Through its subsidiaries, engages in the provision of facility maintenance, engineering and infrastructure solutions in the United States and internationally.

First Bancorp

Market Cap: US$2.2b

Operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses.

Melco Resorts & Entertainment

Market Cap: US$2.1b

Develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally.

NBT Bancorp

Market Cap: US$2.1b

A financial holding company, provides personal and commercial banking, retail banking, and wealth management services in the United States.

First Busey

Market Cap: US$2.1b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

Flowco Holdings

Market Cap: US$2.0b

Through its subsidiaries, provides production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry in the United States.

Chagee Holdings

Market Cap: US$2.0b

Through its subsidiaries, owns, operates, and franchises teahouses under the CHAGEE brand name in the People’s Republic of China and internationally.

CoreCivic

Market Cap: US$1.9b

Owns and operates partnership correctional, detention, and residential reentry facilities in the United States.

Merchants Bancorp

Market Cap: US$1.9b

Operates as the diversified bank holding company in the United States.

Fresh Del Monte Produce

Market Cap: US$1.9b

Through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, North Africa, Asia, and internationally.

Bausch Health Companies

Market Cap: US$1.9b

Operates as a diversified specialty pharmaceutical and medical device company, develops, manufactures, and markets a range of products primarily in gastroenterology, hepatology, neurology, dermatology, generic pharmaceuticals, over-the-counter (OTC) products, aesthetic medical devices, and eye health in the United States and internationally.

ReNew Energy Global

Market Cap: US$1.8b

Engages in the generation of power through non-conventional and renewable energy sources in India.

Skyward Specialty Insurance Group

Market Cap: US$1.8b

An insurance holding company, provides commercial property and casualty insurance coverages in the United States.

John Wiley & Sons

Market Cap: US$1.8b

A publisher, provides authoritative content, data-driven insights, and knowledge services for the advancement of science, innovation, and learning in the United States, China, the United Kingdom, Japan, Australia, and internationally.

WisdomTree

Market Cap: US$1.8b

Through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager.