Global Undervalued Solid Performers

Yunnan Aluminium

Market Cap: CN¥110.9b

Produces and sells aluminum primarily in China.

BANDAI NAMCO Holdings

Market Cap: JP¥2.6t

Develops entertainment-related products and services worldwide.

Zhejiang NHU

Market Cap: CN¥109.9b

Engages in the production and sale of nutrition, flavor and fragrance, and new polymer materials in the People’s Republic of China.

F5

Market Cap: US$15.8b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Beijing Kingsoft Office Software

Market Cap: CN¥106.3b

Provides office software products and services in China and internationally.

Trimble

Market Cap: US$15.2b

Offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally.

Krung Thai Bank

Market Cap: ฿492.7b

Engages in commercial banking business in Thailand and internationally.

Jerónimo Martins SGPS

Market Cap: €13.0b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

East West Bancorp

Market Cap: US$15.0b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

SCB X

Market Cap: ฿486.5b

Engages in the banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

SharkNinja

Market Cap: US$14.7b

A product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally.

Tyler Technologies

Market Cap: US$14.5b

Provides integrated software and technology management solutions for the public sector in the United States.

Astra International

Market Cap: Rp244.3t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

News

Market Cap: US$14.1b

A media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses.

Tryg

Market Cap: DKK 91.3b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Deckers Outdoor

Market Cap: US$14.0b

Designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.

New York Times

Market Cap: US$13.9b

The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide.

Mapfre

Market Cap: €12.0b

Engages in insurance, reinsurance, and financial activities in Spain.

BB Seguridade Participações

Market Cap: R$68.8b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Everest Group

Market Cap: US$13.2b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Neurocrine Biosciences

Market Cap: US$13.2b

Neurocrine Biosciences, Inc. discovers, develops, and commercialize pharmaceuticals for neurological, psychiatric, endocrine, and immunological disorders in the United States and internationally.

Satellite ChemicalLtd

Market Cap: CN¥89.5b

A low-carbon chemical company, research, development, production, sale, and service of new electronic chemicals and functional materials in China and internationally.

Nitto Denko

Market Cap: JP¥2.1t

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania.

Toll Brothers

Market Cap: US$12.9b

Designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States.

Aier Eye Hospital Group

Market Cap: CN¥88.3b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Evolution

Market Cap: SEK 120.4b

Develops, produces, markets, and licenses live casino and slots solutions to gaming operators in Europe, Asia, North America, Latin America, and internationally.

Guangdong Haid Group

Market Cap: CN¥85.9b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

T&D Holdings

Market Cap: JP¥2.0t

Through its subsidiaries, provides insurance products and services in Japan.

Samsung Fire & Marine Insurance

Market Cap: ₩18.6t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Shanjin International Gold

Market Cap: CN¥83.2b

Explores for, mines, and trades in precious and non-ferrous metal ores in China.

Strabag

Market Cap: €10.2b

Engages in the construction projects.

GEA Group

Market Cap: €10.1b

Produces and supplies systems and components to the food, beverage, and pharmaceutical industries worldwide.

Orion Oyj

Market Cap: €10.1b

Develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally.

Suncorp Group

Market Cap: AU$16.9b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

ARC Resources

Market Cap: CA$15.7b

Acquires and develops crude oil, natural gas, condensate, and natural gas liquids in Canada.

Assurant

Market Cap: US$10.8b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.