Italian Undervalued Small Caps

Italian Sea Group

Market Cap: €308.5m

Operates in the yachting industry.

Fine Foods & Pharmaceuticals N.T.M

Market Cap: €191.9m

Fine Foods & Pharmaceuticals N.T.M. S.p.A.

Indel B

Market Cap: €100.2m

Manufactures and supplies cooling and refrigeration system worldwide.

Almawave

Market Cap: €97.3m

Provides artificial intelligence (AI), natural language processing, and big data solutions in Italy.

Elica

Market Cap: €89.8m

Designs, manufactures, and sells kitchen aspiration systems in Europe, the Middle East, Africa, the United States, Asia, and internationally.

Next Geosolutions Europe

Market Cap: €388.8m

Provides geoscience and engineering services for energy, infrastructure, and utilities sectors.

Altea Green Power

Market Cap: €140.0m

Provides renewable energy systems for individuals, companies, institutions and investors in Italy.

I.CO.P.. Società Benefit

Market Cap: €419.2m

Engages in providing construction and special engineering services to public and private clients in Italy and internationally.

SeSa

Market Cap: €1.3b

Distributes value-added information technology (IT) software and technologies in Italy and internationally.

OVS

Market Cap: €745.1m

Operates as a fashion retailer in Italy and internationally.

Zignago Vetro

Market Cap: €755.6m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

A.L.A. società per azioni

Market Cap: €317.0m

Operates as a supply chain solutions provider to the aerospace and defense, and rail and high-tech sectors.