Austrian Potentially Undervalued Companies

Ferrari Group

Market Cap: €679.3m

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

ProCredit Holding

Market Cap: €492.4m

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

Devon Energy

Market Cap: €28.1b

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

Akzo Nobel

Market Cap: €8.8b

Produces and sells paints and coatings worldwide.

Zumtobel Group

Market Cap: €156.6m

Operates in the lighting industry worldwide.

Aluminum Corporation of China

Market Cap: €239.2b

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: €17.8b

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.

Wienerberger

Market Cap: €2.8b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Exor

Market Cap: €14.2b

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

ERAMET

Market Cap: €1.5b

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

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.

SBM Offshore

Market Cap: €6.1b

Provides floating production solutions to the offshore energy industry worldwide.

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.

CEWE Stiftung KGaA

Market Cap: €641.7m

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

Banco BPM

Market Cap: €19.0b

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.

Air France-KLM

Market Cap: €2.7b

Provides passenger and cargo transportation services.

Entain

Market Cap: €3.6b

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

Phillips 66

Market Cap: €63.7b

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

Koenig & Bauer

Market Cap: €146.1m

Develops and manufactures printing and postprint systems worldwide.

Deutsche Wohnen

Market Cap: €8.1b

Develops and manages residential properties in Germany.

AGCO

Market Cap: €8.9b

Manufactures and distributes agricultural equipment and replacement parts worldwide.

ING Groep

Market Cap: €71.9b

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

INTERSHOP Communications

Market Cap: €19.1m

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

Alcoa

Market Cap: €19.0b

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.

Merck KGaA

Market Cap: €50.7b

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

Eckert & Ziegler

Market Cap: €982.4m

Manufactures and sells isotope technology components in Europe, North America, Asia, and internationally.

Lyft

Market Cap: €5.4b

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

Industrial and Commercial Bank of China

Market Cap: €2.9t

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

Warimpex Finanz- und Beteiligungs

Market Cap: €25.6m

Operates as a real estate development and investment company in Austria, Germany, Hungary, Russia, and Poland.

Umicore

Market Cap: €4.2b

Operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa.

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.

Vienna Insurance Group

Market Cap: €8.7b

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

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.

Ping An Insurance (Group) Company of China

Market Cap: €1.0t

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

Semperit Holding

Market Cap: €307.6m

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