Global Undervalued over 20% based on DCF

Wanhua Chemical Group

Market Cap: CN¥278.8b

Provides polyurethane, petrochemical, and performance chemicals and materials worldwide.

Ventas

Market Cap: US$40.7b

A leading S&P 500 real estate investment trust enabling exceptional environments that benefit a large and growing aging population.

Ameriprise Financial

Market Cap: US$40.5b

Operates as a diversified financial services company in the United States and internationally.

Swedbank

Market Cap: SEK 370.4b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Daimler Truck Holding

Market Cap: €33.9b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

Roblox

Market Cap: US$39.4b

Operates an immersive platform for connection and communication in the United States and internationally.

Sungrow Power Supply

Market Cap: CN¥268.5b

Engages in the research and development, production, sale, and service of new energy power equipment for solar energy, wind energy, energy storage, and electric vehicles.

Carnival Corporation &

Market Cap: US$38.7b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

State Street

Market Cap: US$38.6b

Provides various financial products and services to institutional investors.

Skandinaviska Enskilda Banken

Market Cap: SEK 355.5b

Provides corporate, retail, investment, and private banking services.

Alcon

Market Cap: CHF 30.0b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

KB Financial Group

Market Cap: ₩56.1t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Crown Castle

Market Cap: US$37.7b

Owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Kongsberg Gruppen

Market Cap: NOK 357.6b

Provides high-tech systems and solutions primarily to customers in the defense markets.

Datadog

Market Cap: US$37.3b

Operates an observability and security platform for cloud applications in the United States and internationally.

EchoStar

Market Cap: US$37.1b

Provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East.

Block

Market Cap: US$37.0b

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.

EQT

Market Cap: SEK 343.4b

A global private equity & venture capital firm specializing in private capital and real asset segments.

Vodafone Group

Market Cap: UK£27.2b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Sandoz Group

Market Cap: CHF 28.8b

Develops, manufactures, and markets generic and biosimilars worldwide.

AST SpaceMobile

Market Cap: US$36.3b

Designs and develops the constellation of BlueBird satellites in the United States.

Coupang

Market Cap: US$36.1b

Owns and operates retail business through its mobile applications and internet websites in South Korea and internationally.

Keurig Dr Pepper

Market Cap: US$36.1b

Owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.

Teva Pharmaceutical Industries

Market Cap: US$35.9b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Nutrien

Market Cap: CA$49.1b

Provides crop inputs and services.

Otsuka Holdings

Market Cap: JP¥5.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Roper Technologies

Market Cap: US$35.1b

Designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally.

HEICO

Market Cap: US$34.5b

Provides aerospace, defense, and electronic related products and services in the United States and internationally.

Geely Automobile Holdings

Market Cap: HK$269.8b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Viking Holdings

Market Cap: US$34.4b

Viking Holdings Ltd focused on providing passenger cruises in North America, the United Kingdom, and internationally.

OTP Bank Nyrt

Market Cap: Ft11.0t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł124.1b

Provides various banking products and services in Poland and internationally.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Cathay Financial Holding

Market Cap: NT$1.1t

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

Archer-Daniels-Midland

Market Cap: US$33.6b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

CTBC Financial Holding

Market Cap: NT$1.1t

Engages in corporate and personal finance, life insurance, and other businesses in Taiwan, Asia, and North America.