Brazilian Healthy potentially undervalued

C&A Modas

Market Cap: R$4.0b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

Iochpe-Maxion

Market Cap: R$1.5b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Construtora Tenda

Market Cap: R$3.1b

Operates as a construction company in Brazil.

Grupo SBF

Market Cap: R$2.8b

Grupo SBF S.A. retails and wholesales sports and leisure products in Brazil.

Minerva

Market Cap: R$5.6b

Produces and sells fresh beef, livestock, and by-products in South America and internationally.

Moura Dubeux Engenharia

Market Cap: R$2.2b

Provides real estate development services in Brazil.

Três Tentos Agroindustrial S/A

Market Cap: R$8.2b

Operates in the agribusiness sector in Brazil.

Direcional Engenharia

Market Cap: R$7.3b

Engages in the development and construction of real estate properties in Brazil.

CVC Brasil Operadora e Agência de Viagens

Market Cap: R$1.1b

Provides tourism services in Brazil and internationally.

Grupo Casas Bahia

Market Cap: R$2.0b

Grupo Casas Bahia S.A., together with its subsidiaries, retails electronics, home appliances, and furniture in Brazil.

Suzano

Market Cap: R$63.6b

Manufactures and sells pulp and paper products in Brazil and internationally.

Grupo Mateus

Market Cap: R$10.0b

Operates a supermarket chain in Brazil.

Plano & Plano Desenvolvimento Imobiliário

Market Cap: R$2.8b

Through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region.

TIM

Market Cap: R$51.7b

A telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil.

Fleury

Market Cap: R$8.2b

Provides diagnostic imaging, clinical analysis, fertility, and infusions services in Brazil.

Tupy

Market Cap: R$1.6b

Engages in the development, manufacture, and sale of cast and compacted graphite iron structural components in North America, South and Central Americas, Europe, Asia, Africa, Oceania, and internationally.

MRV Engenharia e Participações

Market Cap: R$4.4b

Operates as a real estate developer in Brazil and the United States.

Cyrela Brazil Realty Empreendimentos e Participações

Market Cap: R$10.8b

Engages in the development and construction of residential properties in Brazil.

São Martinho

Market Cap: R$5.1b

Engages in the production and sale of sugar, ethanol, and other sugarcane byproducts in Brazil.

Unifique Telecomunicações

Market Cap: R$2.0b

Provides telecommunications services in Brazil.

Cruzeiro do Sul Educacional

Market Cap: R$2.0b

Provides education services in Brazil.

Azzas 2154

Market Cap: R$4.8b

Engages in the development and marketing of women's, men's and children's footwear, handbags, accessories, and clothing in Brazil and internationally.

Cogna Educação

Market Cap: R$6.6b

Operates as an educational organization in Brazil and internationally.

Petroreconcavo

Market Cap: R$3.3b

Engages in the exploration and production of oil and natural gas in Brazil.

Rede D'Or São Luiz

Market Cap: R$92.0b

Engages in the provision of hospital services in Brazil.

Boa Safra Sementes

Market Cap: R$1.2b

Produces and sells soybean seeds in Brazil.

Even Construtora e Incorporadora

Market Cap: R$1.5b

Operates as a real estate developer and builder in Brazil.

Cury Construtora e Incorporadora

Market Cap: R$9.4b

Operates in real estate businesses in Brazil.

Dimed Distribuidora de Medicamentos

Market Cap: R$1.8b

Sells medicines, perfumes, personal hygiene and beauty products, cosmetics, and dermo-cosmetics in Brazil.

BB Seguridade Participações

Market Cap: R$69.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Natura Cosméticos

Market Cap: R$9.9b

Engages in the development, manufacture, distribution, and marketing of cosmetics, fragrances, and personal hygiene products in Brazil, Peru, Colombia, Chile, Argentina, Uruguay, and Ecuador.