Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Banco Itaú Chile

Market Cap: CL$2.7t

Provides various banking services in Chile and Colombia.

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

Market Cap: ج.م33.4b

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

FNM

Market Cap: €174.4m

Engages in the railway mobility business in Italy.

Trican Well Service

Market Cap: CA$841.2m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Hafnia

Market Cap: US$28.2b

Owns and operates oil product tankers in Bermuda.

Quest Resource Holding

Market Cap: €43.8m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

Reynolds Consumer Products

Market Cap: €4.4b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Absa Group

Market Cap: €143.4b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Tsingtao Brewery

Market Cap: €88.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

China Mengniu Dairy

Market Cap: €65.7b

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

M.P. Evans Group

Market Cap: €557.2m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Lenovo Group

Market Cap: €113.3b

An investment holding company, develops, manufactures, and markets technology products and services.

Steelcase

Market Cap: US$1.2b

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

Ribbon Communications

Market Cap: US$686.8m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Plumas Bancorp

Market Cap: US$246.5m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Yalla Group

Market Cap: US$1.0b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Alta Equipment Group

Market Cap: US$203.1m

Owns and operates integrated equipment dealership platforms in the United States and Canada.

Astra International

Market Cap: €185.8t

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

Universal Health Services

Market Cap: US$11.1b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Bidvest Group

Market Cap: €77.7b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Asahi Group Holdings

Market Cap: €2.9t

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

Kumba Iron Ore

Market Cap: €88.4b

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

Surgery Partners

Market Cap: US$2.6b

Owns and operates a network of surgical facilities and ancillary services in the United States.

Rithm Capital

Market Cap: US$5.9b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Kenmare Resources

Market Cap: UK£351.6m

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

ANTA Sports Products

Market Cap: €262.5b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Serabi Gold

Market Cap: CA$134.4m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Hikma Pharmaceuticals

Market Cap: €4.6b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

KBR

Market Cap: US$6.9b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

ProCredit Holding

Market Cap: €556.0m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Havas

Market Cap: €1.5b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

ACM Research

Market Cap: €1.6b

Develops, manufactures, and sells capital equipment worldwide.

Koenig & Bauer

Market Cap: €211.5m

Develops and manufactures printing and postprint systems worldwide.

Regeneron Pharmaceuticals

Market Cap: €53.8b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.