Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م33.5b

Together with its, provides corporate and retail banking services in Egypt.

Steelcase

Market Cap: US$1.2b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

China Mengniu Dairy

Market Cap: €68.6b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Sanofi

Market Cap: €105.7b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Oceania Healthcare

Market Cap: AU$449.0m

Owns and operates retirement villages and care centres in New Zealand.

CENIT

Market Cap: €71.1m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

ACM Research

Market Cap: €1.6b

Develops, manufactures, and sells capital equipment worldwide.

Koenig & Bauer

Market Cap: €214.2m

Develops and manufactures printing and postprint systems worldwide.

Burford Capital

Market Cap: US$2.8b

Provides legal finance products and services worldwide.

Fidelity National Financial

Market Cap: €15.2b

Provides various insurance products in the United States.

Kenmare Resources

Market Cap: UK£345.8m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

Aica Kogyo Company

Market Cap: €227.5b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Axalta Coating Systems

Market Cap: US$6.3b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Thungela Resources

Market Cap: €11.3b

Engages in the mining and production of thermal coal in South Africa and Australia.

Robert Walters

Market Cap: €138.1m

Provides professional recruitment consultancy services worldwide.

Perrigo

Market Cap: €3.7b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Kumba Iron Ore

Market Cap: R90.6b

Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa.

ACI Worldwide

Market Cap: US$4.7b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Geely Automobile Holdings

Market Cap: US$164.8b

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

Arnoldo Mondadori Editore

Market Cap: €559.4m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Exxaro Resources

Market Cap: €35.8b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Nilfisk Holding

Market Cap: €2.5b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Casta Diva Group

Market Cap: €25.0m

Operates as a communication company in Italy and internationally.

Asahi Group Holdings

Market Cap: €2.8t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Kumba Iron Ore

Market Cap: €90.6b

Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa.

Huhtamäki Oyj

Market Cap: €3.3b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Singulus Technologies

Market Cap: €18.3m

Develops and assembles machines and systems for thin-film coating and surface treatment processes worldwide.

Amneal Pharmaceuticals

Market Cap: €2.4b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

GFT Technologies

Market Cap: €582.0m

Provides digital transformation services.

Colabor Group

Market Cap: CA$84.7m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

Diebold Nixdorf

Market Cap: US$1.9b

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

Hafnia

Market Cap: US$27.1b

Owns and operates oil product tankers in Bermuda.

Banco Itaú Chile

Market Cap: CL$2.8t

Provides various banking services in Chile and Colombia.

HORIBA

Market Cap: €418.9b

Manufactures and sells instruments and systems in worldwide.