Companies which are undervalued more than 20% based on the Discounted Cash Flow valuation.

Analysts Target

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield	Industry
SAN	€12.14	-2.3%	68.3%	€173.5b	€12.54	1.6	14.9%	2.1%	Banks
BBVA	€22.48	-1.1%	73.8%	€124.8b	€21.67	2.2	6.5%	4.1%	Banks
CABK	€12.53	-1.0%	67.6%	€87.3b	€12.24	2.4	11.4%	4.0%	Banks
AMS	€50.74	-0.7%	-29.3%	€21.4b	€67.21	16.0	9.0%	3.0%	Consumer Services
TEF	€3.53	-0.7%	-21.3%	€19.9b	€4.00	0.6	68.2%	8.5%	Telecom
CLNX	€25.18	-5.6%	-21.9%	€17.0b	€36.26	4.1	81.2%	1.5%	Telecom
BKT	€15.36	1.9%	35.5%	€13.8b	€15.59	2.1	7.7%	3.9%	Banks
MAP	€4.42	-0.1%	27.1%	€13.5b	€4.05	11.6	3.7%	4.1%	Insurance
IDR New	€47.45	-7.8%	24.5%	€8.3b	€65.94	18.4	14.5%	0.6%	Software
GRF	€8.90	-1.3%	-23.4%	€5.4b	€14.40	14.6	20.7%	3.4%	Pharmaceuticals & Biotech
LOG	€33.90	-0.5%	21.6%	€4.5b	€32.02	16.8	5.5%	5.9%	Transportation
ENG	€16.84	-0.5%	26.4%	€4.4b	€16.93	13.2	-1.3%	5.9%	Utilities
ACX New	€16.00	-1.8%	44.0%	€4.0b	€16.86	0.7	39.1%	3.9%	Materials
FDR	€18.76	-7.0%	-16.3%	€3.6b	€26.01	20.5	16.9%	3.5%	Capital Goods
VID	€89.10	-0.6%	-2.5%	€3.1b	€102.71	15.0	7.7%	1.9%	Materials
CIE	€26.30	-2.6%	7.3%	€3.1b	€35.34	9.3	7.8%	3.6%	Automobiles
ROVI	€56.00	-1.6%	0.5%	€2.9b	€75.38	21.7	16.6%	1.7%	Pharmaceuticals & Biotech
EBRO	€17.92	-1.1%	2.4%	€2.8b	€20.45	12.7	2.1%	3.9%	Food, Beverage & Tobacco
VIS	€55.10	-6.1%	-7.7%	€2.5b	€71.00	15.5	8.0%	4.1%	Food, Beverage & Tobacco
MVC	€11.16	-3.6%	5.3%	€1.7b	€11.28	29.7	2.1%	14.2%	Real Estate Management and Development
HOME	€16.49	-6.0%	-4.7%	€1.6b	€20.43	13.2	11.6%	15.6%	Consumer Durables
RLIA	€1.03	0%	8.6%	€1.5b	€1.27	12.0	n/a	0%	Real Estate Management and Development
PSG	€2.80	-0.2%	-8.6%	€1.5b	€3.25	12.1	10.7%	5.7%	Commercial Services
FAE	€4.48	-3.3%	-1.6%	€1.4b	€5.39	17.0	16.2%	4.0%	Pharmaceuticals & Biotech

Undervalued over 20% based on DCF