Austrian Potentially Undervalued Companies

ProCredit Holding

Market Cap: €480.6m

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

Akzo Nobel

Market Cap: €8.9b

Produces and sells paints and coatings worldwide.

Zumtobel Group

Market Cap: €156.6m

Operates in the lighting industry worldwide.

Compagnie de Saint-Gobain

Market Cap: €37.1b

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

UniCredit

Market Cap: €102.7b

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

Aluminum Corporation of China

Market Cap: €236.2b

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

International Consolidated Airlines Group

Market Cap: €17.5b

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.

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.

Veeva Systems

Market Cap: €25.7b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

Phillips 66

Market Cap: €64.6b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

Entain

Market Cap: €3.4b

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

SBM Offshore

Market Cap: €6.2b

Provides floating production solutions to the offshore energy industry worldwide.

Exor

Market Cap: €13.9b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, health technology, football and powertrain businesses in the Netherlands and internationally.

Publicis Groupe

Market Cap: €18.3b

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

AGCO

Market Cap: €8.8b

Manufactures and distributes agricultural equipment and replacement parts worldwide.

ING Groep

Market Cap: €70.6b

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

Banco BPM

Market Cap: €19.1b

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

CEWE Stiftung KGaA

Market Cap: €628.1m

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

Merck KGaA

Market Cap: €48.6b

Operates as a science and technology company in Europe, North America, Latin America, Middle East and Africa, and the Asia Pacific.

Deutsche Wohnen

Market Cap: €8.1b

Develops and manages residential properties in Germany.

Air France-KLM

Market Cap: €2.6b

Provides passenger and cargo transportation services.

Alcoa

Market Cap: €19.3b

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.

ERAMET

Market Cap: €1.4b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

Koenig & Bauer

Market Cap: €149.7m

Develops and manufactures printing and postprint systems worldwide.

Nidec

Market Cap: €2.6t

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

CPI Europe

Market Cap: €2.2b

Engages in the purchasing, leasing, realization, acquisition, and developing of properties in Austria, Germany, Poland, the Czech Republic, Hungary, Romania, Slovakia, Croatia, Serbia, Slovenia, and Italy.

Semperit Holding

Market Cap: €306.5m

Develops, produces, and sells rubber and polymer products in Europe, America, Asia-Pacific, and Africa.

Ping An Insurance (Group) Company of China

Market Cap: €1.0t

Ping An Insurance (Group) Company of China, Ltd.

Deutsche Lufthansa

Market Cap: €9.6b

Operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa.

Lyft

Market Cap: €5.3b

Operates multimodal transportation networks that offer access to various transportation options through platform and mobile based applications in the United States and internationally.

HomeToGo

Market Cap: €227.9m

Operates a marketplace for vacation rentals that connects users searching for a place to stay in Luxembourg and internationally.

BayWa

Market Cap: €281.2m

Provides wholesale, retail, logistics, and support and consultancy services in Germany and internationally.

Cigna Group

Market Cap: €73.4b

Provides insurance and related products and services in the United States.

Aroundtown

Market Cap: €2.6b

Operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally.

Vienna Insurance Group

Market Cap: €8.4b

Engages in providing insurance products and services in Austria and internationally.

Aumovio

Market Cap: €3.6b

Engages in the development, production, and supply of hardware, software, and mobility solutions in Germany, Europe, North America, Asia-Pacific, and internationally.