Spanish Healthy potentially undervalued

Viscofan

Market Cap: €2.4b

Manufactures, produces, and distributes casings in Spain.

Tubacex

Market Cap: €404.1m

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

MERLIN Properties SOCIMI

Market Cap: €6.9b

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

Vidrala

Market Cap: €3.1b

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

Aedas Homes

Market Cap: €1.0b

Engages in the development of residential properties in Spain.

CIE Automotive

Market Cap: €3.5b

Designs, manufactures, and sells automotive components and sub-assemblies.

Laboratorios Farmaceuticos Rovi

Market Cap: €3.2b

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

Construcciones y Auxiliar de Ferrocarriles

Market Cap: €2.0b

Construcciones y Auxiliar de Ferrocarriles, S.A.

Obrascón Huarte Lain

Market Cap: €481.8m

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.

Naturgy Energy Group

Market Cap: €24.4b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Ebro Foods

Market Cap: €2.8b

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

Mapfre

Market Cap: €13.2b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Banco de Sabadell

Market Cap: €16.7b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

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: €443.8m

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

Atresmedia Corporación de Medios de Comunicación

Market Cap: €1.1b

An audiovisual company, engages in the television, radio, digital and multimedia development, cinema, and events organization businesses in Spain and internationally.

Banco Bilbao Vizcaya Argentaria

Market Cap: €112.8b

Provides retail banking, wholesale banking, and asset management services primarily in Spain, Mexico, Turkey, South America, rest of Europe, the United States, and Asia.