Austrian Potentially Undervalued Companies

Berkshire Hathaway

Market Cap: €1.1t

Through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses.

Frauenthal Holding

Market Cap: €180.6m

Engages in the wholesale of plumbing, heating, and electrical supplies through showrooms, cash and carry stores, and online in Austria and internationally.

ResMed

Market Cap: €39.9b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Salzgitter

Market Cap: €1.3b

Engages in steel and technology businesses worldwide.

Uniper

Market Cap: €14.2b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Coloplast

Market Cap: €133.4b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Solaria Energía y Medio Ambiente

Market Cap: €1.4b

Generates solar photovoltaic energy.

Bureau Veritas

Market Cap: €11.5b

Provides laboratory testing, inspection, and certification services.

EuroTeleSites

Market Cap: €770.8m

Provides telecommunications infrastructure and solutions under the EuroTeleSites brand in Austria, Bulgaria, Croatia, Slovenia, North Macedonia, Serbia, and Slovenia.

Hera

Market Cap: €5.4b

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

Illinois Tool Works

Market Cap: €76.8b

Provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America.

Emerson Electric

Market Cap: €74.2b

A technology and software company, provides various solutions in the Americas, Asia, the Middle East, Africa, and Europe.

Allstate

Market Cap: €54.2b

Provides property and casualty, and other insurance products in the United States and Canada.

Groupon

Market Cap: €906.4m

Operates a marketplace that connects consumers to merchants by offering goods and services at a discount in North America and international.

argenx

Market Cap: €38.3b

A commercial-stage biopharma company, develops various therapies for the treatment of autoimmune diseases in the United States, Japan, China, the Netherlands, and internationally.

Recordati Industria Chimica e Farmaceutica

Market Cap: €10.9b

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

Verbio

Market Cap: €712.3m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.

Edwards Lifesciences

Market Cap: €43.8b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Taiwan Semiconductor Manufacturing

Market Cap: €32.8t

Manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.

Buzzi

Market Cap: €8.7b

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

KION GROUP

Market Cap: €7.6b

Provides industrial trucks and supply chain solutions in Western and Eastern Europe, the Middle East, Africa, North America, Central and South America, China, and the rest of the Asia Pacific.

Great Wall Motor

Market Cap: €209.7b

Engages in the manufacture and sale of automobiles, and automotive parts and components in the People's Republic of China, Europe, ASEAN countries, Latin America, the Middle East, Australia, South Africa, and internationally.

Nestlé

Market Cap: €186.3b

Operates as a food and beverage company.

Snam

Market Cap: €16.9b

Engages in the operation of natural gas transport and storage infrastructure.

Macy's

Market Cap: €4.7b

An omni-channel retail organization, operates stores, websites, and mobile applications in the United States.

Givaudan

Market Cap: €30.6b

Manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry.

STMicroelectronics

Market Cap: €21.0b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Hannover Rück

Market Cap: €29.6b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

ITOCHU

Market Cap: €12.3t

Trades and imports/exports various products worldwide.

MBB

Market Cap: €891.7m

Engages in the acquisition and management of medium-sized companies primarily in the technology and engineering sectors in Germany and internationally.

ABN AMRO Bank

Market Cap: €21.4b

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.

Marathon Petroleum

Market Cap: €56.3b

Operates as an integrated downstream energy company in the United States.

RHÖN-KLINIKUM

Market Cap: €769.8m

Offers in-patient, semi-patient, and outpatient healthcare services in Germany.

SAP

Market Cap: €265.0b

Provides enterprise application and business solutions worldwide.

General Dynamics

Market Cap: €87.2b

Operates as an aerospace and defense company worldwide.

Metro

Market Cap: €2.0b

Operates as a food wholesale company in Germany and internationally.