Austrian Potentially Undervalued Companies

Delta Air Lines

Market Cap: €41.5b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Aegon

Market Cap: €9.2b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Semperit Holding

Market Cap: €261.3m

Develops, produces, and sells rubber products for the medical and industrial sectors worldwide.

Palfinger

Market Cap: €1.3b

Produces and sells crane and lifting solutions in Austria and internationally.

Compagnie de Saint-Gobain

Market Cap: €37.4b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Akzo Nobel

Market Cap: €9.2b

Produces and sells paints and coatings worldwide.

UniCredit

Market Cap: €100.3b

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

China Construction Bank

Market Cap: €2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

MTU Aero Engines

Market Cap: €18.7b

Engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

International Consolidated Airlines Group

Market Cap: €17.0b

Engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally.

Airbus

Market Cap: €138.5b

Engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide.

ABN AMRO Bank

Market Cap: €22.6b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Intesa Sanpaolo

Market Cap: €92.4b

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

Société Générale Société anonyme

Market Cap: €50.4b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

Rosenbauer International

Market Cap: €479.4m

Engages in the provision of systems for preventive firefighting and disaster protection technology worldwide.

AXA

Market Cap: €76.3b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Entain

Market Cap: €3.7b

Operates as a sports-betting and gaming company in the United Kingdom, Ireland, Italy, rest of Europe, Australia, New Zealand, and internationally.

Banco BPM

Market Cap: €17.6b

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

AGCO

Market Cap: €9.7b

Manufactures and distributes agricultural equipment and replacement parts worldwide.

Merck KGaA

Market Cap: €49.2b

Operates as a science and technology company in Germany and internationally.

Talanx

Market Cap: €26.5b

Provides insurance and reinsurance products and services worldwide.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Publicis Groupe

Market Cap: €19.0b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

Exor

Market Cap: €14.8b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

KWS SAAT SE KGaA

Market Cap: €2.1b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Nidec

Market Cap: €2.7t

Develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally.

CEWE Stiftung KGaA

Market Cap: €669.4m

Operates as a photo service and online printing provider in Germany and internationally.

A2A

Market Cap: €7.2b

Engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally.

SBM Offshore

Market Cap: €5.3b

Provides floating production solutions to the offshore energy industry worldwide.

Banco Santander

Market Cap: €140.7b

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

Alcoa

Market Cap: €15.9b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

ING Groep

Market Cap: €66.4b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Air France-KLM

Market Cap: €2.7b

Provides passenger and cargo transportation services worldwide.

ArcelorMittal

Market Cap: €37.5b

Operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa.

Koenig & Bauer

Market Cap: €143.8m

Develops and manufactures printing and postprint systems worldwide.

Devon Energy

Market Cap: €27.0b

An independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.