Austrian Potentially Undervalued Companies

BAIC Motor

Market Cap: €18.0b

Research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China.

Aegon

Market Cap: €9.6b

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

Nexans

Market Cap: €4.3b

Manufactures and sells cables in France, Canada, Norway, Germany, and internationally.

Yelp

Market Cap: €2.3b

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

:be

Market Cap: €15.0m

Through its subsidiaries, engages in the provision of architectural design services.

Ferrari Group

Market Cap: €740.4m

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

Mutares SE KGaA

Market Cap: €784.6m

A private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding.

H. Lundbeck

Market Cap: €38.2b

Engages in the research, development, manufacturing, and commercializing pharmaceuticals for the treatment of psychiatric and neurological disorders in Europe, United States, and internationally.

Voquz Labs

Market Cap: €5.3m

Provides SAP license, authorization, and compliance management add on solutions.

Amadeus FiRe

Market Cap: €443.8m

Provides personnel and training services in Germany.

Grenke

Market Cap: €628.2m

Provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally.

AGCO

Market Cap: €6.9b

Manufactures and distributes agricultural equipment and replacement parts worldwide.

Harley-Davidson

Market Cap: €3.1b

Manufactures and sells motorcycles in the United States and internationally.

Comcast

Market Cap: €139.0b

Operates as a media and technology company worldwide.

Air France-KLM

Market Cap: €2.5b

Provides passenger and cargo transportation services and aircraft maintenance in Metropolitan France, Benelux, rest of Europe, and internationally.

Volkswagen

Market Cap: €51.6b

Manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally.

Charter Communications

Market Cap: €57.7b

Operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States.

Henkel KGaA

Market Cap: €29.0b

Engages in the adhesive technologies and consumer brands businesses worldwide.

PIERER Mobility

Market Cap: €642.1m

Operates as a motorcycle producer in Europe, North America, Mexico, and internationally.

Stellantis

Market Cap: €32.6b

Engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide.

PayPal Holdings

Market Cap: €69.4b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

Bayer

Market Cap: €22.0b

Operates as a life science company worldwide.

ElringKlinger

Market Cap: €289.2m

Develops, manufactures, and sells components, modules, and systems for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, South America, and internationally.

UNIQA Insurance Group

Market Cap: €3.0b

Operates as an insurance company in Austria, and Central and Eastern Europe.

Baidu

Market Cap: €33.2b

Provides online marketing and cloud services through an internet platform in the People’s Republic of China.

AGRANA Beteiligungs-Aktiengesellschaft

Market Cap: €693.6m

Operates as an industrial processor of agricultural raw materials in Austria, Hungary, Romania, rest of Europe, and internationally.

Salesforce

Market Cap: €269.7b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

PUMA

Market Cap: €3.5b

Engages in the development and sale of sports and sports lifestyle products, including footwear, apparel and accessories in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Azimut Holding

Market Cap: €3.8b

Engages in the asset management business.

Baxter International

Market Cap: €17.0b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Kraft Heinz

Market Cap: €35.3b

Manufactures and markets food and beverage products in North America and internationally.

Telekom Austria

Market Cap: €5.8b

Provides fixed-line and mobile communications solutions to individuals, commercial and non-commercial organizations, and other national and foreign carriers in Austria, Belarus, Bulgaria, Croatia, North Macedonia, Serbia, and Slovenia.

ArcelorMittal

Market Cap: €22.7b

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

eBay

Market Cap: €30.7b

Operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally.

Hutter & Schrantz Stahlbau

Market Cap: €27.7m

Operates as a steel construction company in Central Europe.

Meliá Hotels International

Market Cap: €1.5b

Owns, manages, operates, leases, and franchises hotels worldwide.