Global Undervalued Solid Performers

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.

Texas Roadhouse

Market Cap: US$10.7b

Operates casual dining restaurants in the United States and internationally.

Jardine Cycle & Carriage

Market Cap: S$13.5b

An investment holding company, engages in providing the financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia, Singapore, and Malaysia.

Trade Desk

Market Cap: US$10.5b

Operates as a technology company in the United States and internationally.

Hyundai Glovis

Market Cap: ₩15.7t

Operates as logistics and distribution company in South Korea and internationally.

SNGN Romgaz

Market Cap: RON 45.2b

Explores for, produces, and supplies natural gas in Romania.

J Sainsbury

Market Cap: UK£7.7b

Engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom.

iA Financial

Market Cap: CA$14.2b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

YTO Express GroupLtd

Market Cap: CN¥68.9b

Operates express delivery business in China and internationally.

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥68.7b

Henan Shenhuo Coal Industry and Electricity Power Co.

Inner Mongolia Dian Tou Energy

Market Cap: CN¥68.0b

Engages in the research, production, and sale of coal products in China.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥67.4b

Engages in the aluminum processing business worldwide.

Zhejiang Leapmotor Technology

Market Cap: HK$75.4b

Engages in the research and development, production, and sale of new energy vehicles in Mainland China and internationally.

Maplebear

Market Cap: US$9.3b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.

Vienna Insurance Group

Market Cap: €8.0b

Engages in providing insurance products and services in Austria and internationally.

SouthState Bank

Market Cap: US$9.2b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

China Oilfield Services

Market Cap: HK$70.2b

Provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally.

Dino Polska

Market Cap: zł32.9b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

ICON

Market Cap: US$8.7b

A clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally.

Gaztransport & Technigaz

Market Cap: €7.5b

A technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gases in South Korea, China, and internationally.

Nemetschek

Market Cap: €7.5b

Provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.

Zhuzhou CRRC Times Electric

Market Cap: HK$67.5b

Engages in the provision of propulsion and control systems in Mainland China and internationally.

Unión de Cervecerías Peruanas Backus y JohnstonA

Market Cap: S/29.3b

Unión de Cervecerías Peruanas Backus y Johnston S.A.A.

El Puerto de Liverpool. de

Market Cap: Mex$148.4b

Operates a chain of department stores primarily in Mexico.

Pearson

Market Cap: UK£6.2b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Asia-potash International Investment (Guangzhou)Co.Ltd

Market Cap: CN¥55.1b

Engages in the processing, production, sale, and marketing of potash fertilizers in China and internationally.

Manhattan Associates

Market Cap: US$8.0b

Develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations.

Anker Innovations

Market Cap: CN¥53.9b

Operates as a smart hardware technology company in China and internationally.

Anhui Gujing Distillery

Market Cap: CN¥50.9b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

Swissquote Group Holding

Market Cap: CHF 5.9b

Provides online financial services to retail investors, affluent investors, and professional and institutional customers in Switzerland and internationally.

Sprouts Farmers Market

Market Cap: US$7.3b

Engages in the retailing of fresh, natural, and organic food products in the United States.

Lotes

Market Cap: NT$228.9b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

KRAFTON

Market Cap: ₩10.6t

Engages in the software development and related ancillary businesses in Asia, Korea, the United States, Europe, and internationally.

Andritz

Market Cap: €6.0b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

Telekom Malaysia Berhad

Market Cap: RM 27.6b

Engages in the establishment, maintenance, and provision of telecommunications and related services in Malaysia and internationally.

NICE

Market Cap: ₪21.4b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance in the United States, Europe, the Middle East, Africa, and the Asia Pacific.