Italian Healthy potentially undervalued

Esprinet

Market Cap: €240.3m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

Italian Wine Brands

Market Cap: €175.4m

Engages in the production and sale of wine worldwide.

Ariston Holding

Market Cap: €1.2b

Through its subsidiaries, produces and distributes hot water and space heating solutions in the Netherlands, Germany, Italy, Switzerland, and internationally.

Orsero

Market Cap: €246.0m

Imports and distributes fruits and vegetables in Europe, Latin America, and Central America.

Sanlorenzo

Market Cap: €1.1b

Designs, builds, and sells boats and pleasure boats in Italy, rest of Europe, the Asia-Pacific, the United States, the Middle East, and internationally.

UniCredit

Market Cap: €90.2b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Arnoldo Mondadori Editore

Market Cap: €512.1m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Banca IFIS

Market Cap: €1.3b

Provides financial services and solutions for enterprises.

Hera

Market Cap: €5.7b

A multi-utility company, engages in the waste management, water services, and energy businesses in Italy.

Buzzi

Market Cap: €7.8b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Ferretti

Market Cap: €1.3b

Designs, constructs, markets, and sells yachts and vessels under the Riva, Wally, Ferretti Yachts, Pershing, Itama, Easy Boat, CRN, and Custom Line brand names.

F.I.L.A. - Fabbrica Italiana Lapis ed Affini

Market Cap: €474.1m

F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.

DiaSorin

Market Cap: €3.1b

Engages in research and development, manufacture, and distribution of immunodiagnostics and molecular diagnostics testing kits in Europe, North America, and internationally.

Nexi

Market Cap: €3.6b

Provides electronic money and payment services to banks, small and medium-sized enterprises, large international corporations, institutions, and public administrations in Italy, Nordics and Baltics, Germany, Austria, Switzerland, Poland, Southeast Europe, and internationally.

Banco BPM

Market Cap: €17.6b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

De'Longhi

Market Cap: €4.3b

Produces and distributes coffee machines, food preparation and cooking machines, air conditioning and heating, domestic cleaning and ironing, and home care products.

Unipol Assicurazioni

Market Cap: €13.8b

Provides insurance products and services primarily in Italy.

Fine Foods & Pharmaceuticals N.T.M

Market Cap: €201.0m

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

BFF Bank

Market Cap: €600.7m

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Azimut Holding

Market Cap: €4.6b

Engages in the asset management business.

Cementir Holding

Market Cap: €2.3b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Turkiye, Egypt, and the Asia Pacific.

Anima Holding

Market Cap: €2.2b

Anima Holding S.p.A. is a publicly owned investment manager.

Stellantis

Market Cap: €17.0b

Engages in the designing, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, and mobility services worldwide.

Danieli & C. Officine Meccaniche

Market Cap: €3.8b

Designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia.

Banca Mediolanum

Market Cap: €12.5b

Engages in the provision of various banking products and services in Italy.

Rai Way

Market Cap: €1.6b

Provides network infrastructure and services for broadcasters, telecommunications operators, private companies, and public administrations in Italy and internationally.

Recordati Industria Chimica e Farmaceutica

Market Cap: €10.0b

Researches, develops, produces, and sells pharmaceuticals in Italy, the United States, Spain, France, Germany, Russia, Ukraine, Turkey, Portugal, North Africa, and internationally.

Intesa Sanpaolo

Market Cap: €88.6b

Provides various financial products and services in Italy, Central/Eastern Europe, the Middle East, and North Africa.

Tenaris

Market Cap: €25.7b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Credito Emiliano

Market Cap: €4.9b

Engages in commercial banking and wealth management activities in Italy.

Salvatore Ferragamo

Market Cap: €1.1b

Through its subsidiaries, creates, produces, and sells luxury goods for men and women in Europe, North America, Japan, the Asia Pacific, and Central and South America.

Safilo Group

Market Cap: €700.1m

Engages in the design, manufacture, and distribution of optical frames, sunglasses, sports eyewear, goggles, and helmets in North America, Europe, the Asia Pacific, and internationally.

Amplifon

Market Cap: €2.0b

Distributes hearing solutions and the fitting of customized products that helps people to rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Reply

Market Cap: €2.9b

Provides consulting, system integration, and digital services based on communication channels and digital media in Italy and internationally.

Assicurazioni Generali

Market Cap: €50.3b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

BPER Banca

Market Cap: €21.3b

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.