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.

Serabi Gold

Market Cap: CA$114.0m

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

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

Market Cap: ج.م30.6b

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

Pollard Banknote

Market Cap: €531.6m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Renew Holdings

Market Cap: €642.0m

Provides engineering services in the United Kingdom.

Royalty Pharma

Market Cap: €18.2b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

Bertrandt

Market Cap: €190.6m

Provides engineering services.

Vallourec

Market Cap: €3.6b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

ProCredit Holding

Market Cap: €624.3m

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

CES Energy Solutions

Market Cap: €1.4b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Steelcase

Market Cap: €1.2b

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

Ultimate Products

Market Cap: €61.0m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Indivior

Market Cap: €1.0b

Develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Tenaris

Market Cap: €15.6b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells uncoated woodfree (UWF) printing and writing paper in Portugal, rest of Europe, the United States, Africa, Asia, and Oceania.

Casta Diva Group

Market Cap: €28.1m

Operates as a communication company in Italy and internationally.

Fidelity National Financial

Market Cap: €14.8b

Provides various insurance products in the United States.

ACM Research

Market Cap: €1.4b

Develops, manufactures, and sells capital equipment worldwide.

Amneal Pharmaceuticals

Market Cap: €2.2b

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

Valeura Energy

Market Cap: €795.0m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Absa Group

Market Cap: €139.7b

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

Otsuka Holdings

Market Cap: €3.6t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Vetoquinol

Market Cap: €856.4m

A veterinary pharmaceutical company, designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas, and the Asia Pacific region.

Seiko Epson

Market Cap: €593.9b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

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.

Regional Management

Market Cap: €260.9m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Colabor Group

Market Cap: CA$81.6m

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

Thungela Resources

Market Cap: €11.8b

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

Hokkaido Electric Power Company

Market Cap: €146.2b

Generates, transmits, and distributes electricity in Japan.

Central Asia Metals

Market Cap: €271.0m

Operates as a base metals producer.

M.P. Evans Group

Market Cap: €546.8m

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

Quest Resource Holding

Market Cap: €44.2m

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

China Hongqiao Group

Market Cap: €132.9b

An investment holding company, manufactures and sells aluminum products.

FNM

Market Cap: €181.8m

Engages in the railway mobility business in Italy.

Teva Pharmaceutical Industries

Market Cap: €19.5b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.