Global Undervalued Solid Performers

WEILONG Delicious Global Holdings

Market Cap: HK$22.7b

Produces and sells spicy snack food in the People’s Republic of China and internationally.

PagSeguro Digital

Market Cap: US$2.9b

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.

Newland Digital TechnologyLtd

Market Cap: CN¥19.7b

Engages in the design, development, sales, operation, and maintenance of financial POS terminal equipment in China.

NMI Holdings

Market Cap: US$2.9b

Provides private mortgage guaranty insurance services in the United States.

Guoco Group

Market Cap: HK$22.4b

An investment holding company, engages in the principal investment, property development and investment, hospitality and leisure, and financial service businesses.

Seadrill

Market Cap: US$2.8b

Provides offshore drilling services to the oil and gas industry worldwide.

KWS SAAT SE KGaA

Market Cap: €2.5b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Ambu

Market Cap: DKK 18.3b

Researches, develops, manufactures, markets, and sells medical technology solutions in North America, Europe, and internationally.

Green Brick Partners

Market Cap: US$2.8b

Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida.

Vodafone Qatar P.Q.S.C

Market Cap: ر.ق10.2b

Provides cellular mobile telecommunication, and fixed-line and broadband services in Qatar.

CorVel

Market Cap: US$2.8b

Provides workers’ compensation, general and auto liability, and hospital bill auditing and payment integrity solutions.

Titan America

Market Cap: US$2.8b

Through its subsidiaries, manufactures and supplies heavy building materials and services in the United States.

Qinhuangdao Port

Market Cap: HK$21.8b

Provides integrated port services in Mainland China.

Sopra Steria Group

Market Cap: €2.4b

Provides consulting, digital, and software development services in France and internationally.

Iskenderun Demir ve Çelik

Market Cap: ₺123.0b

Produces and sells flat steel products in Turkey.

Rathbones Group

Market Cap: UK£2.1b

Provides wealth management, asset management, and related services in the United Kingdom and Channel Islands.

Orygen PerúA

Market Cap: S/9.5b

Engages in the energy and power generation business in Peru.

NOK

Market Cap: JP¥432.6b

Manufactures, imports, and sells seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemical products, and electronic and various other products in Japan and internationally.

Corporativo Fragua. de

Market Cap: Mex$48.3b

Operates pharmacy stores in Mexico.

Acter Group

Market Cap: NT$86.7b

Provides engineering services in Taiwan, Mainland China, and other Asian countries.

DRDGOLD

Market Cap: US$2.7b

A gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa.

Nifco

Market Cap: JP¥425.2b

Manufactures and sells industrial plastic parts and components in Japan, Asia, North America, China, South Korea, the United States, and Europe.

Hisamitsu Pharmaceutical

Market Cap: JP¥423.3b

Manufactures and sells pharmaceuticals in Japan.

United Laboratories International Holdings

Market Cap: HK$20.8b

An investment holding company, engages in the research and development, manufacture, distribution, and sale of pharmaceutical products.

Foran Energy Group

Market Cap: CN¥18.0b

Foran Energy Group Co., Ltd. transports and sells natural gas in China.

Suzuken

Market Cap: JP¥414.2b

Primarily engages in the distribution of pharmaceuticals in Japan and internationally.

SiriusPoint

Market Cap: US$2.6b

Provides multi-line reinsurance and insurance products and services worldwide.

Bumitama Agri

Market Cap: S$3.3b

An investment holding company, engages in the production and trading of crude palm oil (CPO) and palm kernel (PK) in Indonesia.

Macnica Holdings

Market Cap: JP¥408.8b

Imports, sells, and exports electronic components in Japan.

Fibra Danhos

Market Cap: Mex$45.5b

Fibra FIBRA DANHOS is a Mexican trust established primarily to develop, lease, operate, and acquire iconic, premium-quality real estate assets in Mexico.

West African Resources

Market Cap: AU$3.7b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

Compagnie Financière Tradition

Market Cap: CHF 2.0b

Operates as an interdealer broker of financial and non-financial products worldwide.

AJ Bell

Market Cap: UK£1.9b

Through its subsidiaries, operates investment platforms in the United Kingdom.

Koninklijke Heijmans

Market Cap: €2.1b

Engages in the real estate, construction, and infrastructure businesses in the Netherlands and internationally.

Energi Mega Persada

Market Cap: Rp40.8t

Through its subsidiaries, operates as an upstream oil and natural gas company in Indonesia, Mozambique, and Japan.

Miura

Market Cap: JP¥384.0b

Produces and sells boilers in Japan and internationally.