Spanish Healthy potentially undervalued

MERLIN Properties SOCIMI

Market Cap: €8.6b

MERLIN Properties SOCIMI, S.A. is the largest real estate and infrastructure company trading on the Spanish Stock Exchange.

CIE Automotive

Market Cap: €3.2b

Manufactures and sells automotive parts and components in North America, Brazil, Asia, CIE Forging Europe, and rest of Europe.

Prosegur Cash

Market Cap: €908.2m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally.

Neinor Homes

Market Cap: €1.6b

Develops, promotes, rental, and manages real estate properties in Spain.

Mapfre

Market Cap: €11.4b

Engages in insurance, reinsurance, and financial activities in Spain.

Banco Santander

Market Cap: €135.8b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Vidrala

Market Cap: €2.7b

Engages in the manufacture and sale of glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Gestamp Automoción

Market Cap: €1.7b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

eDreams ODIGEO

Market Cap: €316.6m

Operates as an online travel company in France, Southern Europe, Northern Europe, and internationally.

Amadeus IT Group

Market Cap: €20.9b

Operates as a transaction processor for the travel and tourism industry in Europe, Central and South America, the Middle East, Africa, and Asia Pacific.

Tubacex

Market Cap: €352.2m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Banco Bilbao Vizcaya Argentaria

Market Cap: €101.0b

Provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia.

Enagás

Market Cap: €4.5b

Engages in the transmission, storage, and regasification of natural gas.

Faes Farma

Market Cap: €1.4b

Researches, develops, produces, and markets pharmaceutical products, healthcare products, and raw materials internationally.

Construcciones y Auxiliar de Ferrocarriles

Market Cap: €1.9b

Construcciones y Auxiliar de Ferrocarriles, S.A.

Obrascón Huarte Lain

Market Cap: €579.2m

Engages in the construction and concession businesses in the United States, Canada, Mexico, Chile, Peru, Colombia, Spain, Central and Eastern Europe, Northern Europe, and internationally.

Pharma Mar

Market Cap: €1.5b

A biopharmaceutical company, focuses on the research, development, production, and commercialization of bio-active principles for the use in oncology in Spain, Germany, Ireland, France, Switzerland, rest of the European Union, the United States, and internationally.

Bankinter

Market Cap: €12.0b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Ebro Foods

Market Cap: €2.9b

Operates as a food company in Spain, rest of Europe, the United States, Canada, and internationally.

Acerinox

Market Cap: €3.1b

Manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally.

Repsol

Market Cap: €26.6b

Operates as a multi-energy company in Spain, Peru, the United States, Portugal, and internationally.

Fluidra

Market Cap: €3.8b

Designs, manufactures, distributes, and markets accessories and machinery for swimming-pools, irrigation and water treatment, and residential and commercial pool purification market worldwide.

Puig Brands

Market Cap: €9.6b

Operates in the beauty and fashion industry in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Laboratorios Farmaceuticos Rovi

Market Cap: €4.0b

Manufactures, sells, and markets pharmaceutical products in Spain, European Union, OECD countries, and internationally.