U.K. Healthy potentially undervalued

Auto Trader Group

Market Cap: UK£5.0b

Operates an automotive platform in the United Kingdom.

ICG

Market Cap: UK£5.9b

A private equity firm specializing in direct and fund of fund investments.

Gamma Communications

Market Cap: UK£851.7m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Warpaint London

Market Cap: UK£155.5m

Produces and sells cosmetics.

Canal+

Market Cap: UK£2.6b

Operates as a media and entertainment company in Europe, Africa, Asia, and internationally.

McBride

Market Cap: UK£260.3m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Afentra

Market Cap: UK£93.6m

Operates as an upstream oil and gas company primarily in Africa.

Telecom Plus

Market Cap: UK£1.1b

Provides utility services in the United Kingdom.

Hikma Pharmaceuticals

Market Cap: UK£3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

Rank Group

Market Cap: UK£464.6m

Engages in provision of gaming services in the United Kingdom, Europe, and internationally.

Tracsis

Market Cap: UK£90.0m

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Breedon Group

Market Cap: UK£1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

Genuit Group

Market Cap: UK£812.8m

Develops and produces solutions for water, climate, and ventilation management in the construction industry in the United Kingdom, rest of Europe, and internationally.

MONY Group

Market Cap: UK£962.6m

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Intertek Group

Market Cap: UK£7.1b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Johnson Service Group

Market Cap: UK£510.6m

Provides textile rental and related services in the United Kingdom and Ireland.

Inchcape

Market Cap: UK£2.8b

Operates as an automotive distributor and retailer.

Paragon Banking Group

Market Cap: UK£1.6b

Provides financial products and services in the United Kingdom.

3i Group

Market Cap: UK£32.2b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

On the Beach Group

Market Cap: UK£331.8m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Premier Foods

Market Cap: UK£1.5b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

TBC Bank Group

Market Cap: UK£2.2b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Begbies Traynor Group

Market Cap: UK£182.7m

Provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.

Ashtead Technology Holdings

Market Cap: UK£249.9m

Provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East.

RWS Holdings

Market Cap: UK£319.5m

Provides technology-enabled language, content, and intellectual property (IP) services in the United Kingdom, Continental Europe, the United States, and internationally.

accesso Technology Group

Market Cap: UK£124.1m

Develops technology solutions for the attractions and leisure industry.

M.P. Evans Group

Market Cap: UK£636.9m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Michelmersh Brick Holdings

Market Cap: UK£77.1m

Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.

dotdigital Group

Market Cap: UK£206.8m

Engages in the provision of intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide.

Bytes Technology Group

Market Cap: UK£847.5m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

THG

Market Cap: UK£731.7m

Operates as an online retailer in the United Kingdom, the United States, Europe, and internationally.

Harbour Energy

Market Cap: UK£3.3b

Engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia.

OSB Group

Market Cap: UK£2.3b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Cohort

Market Cap: UK£414.6m

Provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Australia, North and South America, Asia Pacific, Africa, and other European countries.

FRP Advisory Group

Market Cap: UK£323.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

A.G. BARR

Market Cap: UK£692.2m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.