Austrian Potentially Undervalued Companies

SBM Offshore

Market Cap: €6.0b

Provides floating production solutions to the offshore energy industry worldwide.

PORR

Market Cap: €1.3b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Wells Fargo

Market Cap: €232.0b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

ProCredit Holding

Market Cap: €473.5m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Industrial and Commercial Bank of China

Market Cap: €2.8t

Provides banking products and services in the People's Republic of China and internationally.

Palfinger

Market Cap: €1.2b

Provides hydraulic lifting solutions in Austria and internationally.

Zumtobel Group

Market Cap: €151.1m

Operates in the lighting industry worldwide.

Compagnie de Saint-Gobain

Market Cap: €36.1b

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

Akzo Nobel

Market Cap: €8.7b

Produces and sells paints and coatings worldwide.

China Construction Bank

Market Cap: €2.3t

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: €15.4b

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

Aluminum Corporation of China

Market Cap: €206.8b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Leonardo

Market Cap: €29.6b

An industrial and technological company, engages in the helicopters, defense electronics and security, cyber security and solutions, aircraft, aerostructures, and space sectors in Italy, the United Kingdom, rest of Europe, the United States of America, and internationally.

Buzzi

Market Cap: €7.8b

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

International Consolidated Airlines Group

Market Cap: €17.4b

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.

McEwen

Market Cap: €1.3b

Engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina.

Heidelberg Materials

Market Cap: €30.4b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Eiffage

Market Cap: €11.7b

Engages in the construction and concessions businesses in France, Germany, Europe, and internationally.

Yelp

Market Cap: €1.2b

Operates a platform that connects consumers with local businesses in the United States and internationally.

AGCO

Market Cap: €8.3b

Manufactures and distributes agricultural equipment and replacement parts worldwide.

ING Groep

Market Cap: €75.0b

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

Alcoa

Market Cap: €16.9b

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.

Banco BPM

Market Cap: €19.7b

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

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.

CIE Automotive

Market Cap: €3.4b

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

Deutsche Wohnen

Market Cap: €7.5b

Develops and manages residential properties in Germany.

Arcadis

Market Cap: €3.0b

Engages in the design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Boston Scientific

Market Cap: €84.2b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

INTERSHOP Communications

Market Cap: €20.6m

Offers ecommerce solutions in Germany, rest of Europe, and internationally.

Medtronic

Market Cap: €100.3b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

DEUTZ

Market Cap: €1.5b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Koenig & Bauer

Market Cap: €146.6m

Develops and manufactures printing and post print systems worldwide.

Air France-KLM

Market Cap: €2.6b

Provides passenger and cargo transportation services.

Ball

Market Cap: €15.1b

Supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally.

Ferrari Group

Market Cap: €747.7m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

CEWE Stiftung KGaA

Market Cap: €708.7m

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