Bulgarian Materials Potentially Undervalued Companies

Covestro

Market Cap: €10.4b

Supplies high-tech polymer materials and application solutions.

Bulmetal JSC

Market Cap: лв62.3m

Manufactures and sells metal packaging for food and chemical industries in Bulgaria.

Rio Tinto Group

Market Cap: €78.6b

Engages in exploring, mining, and processing mineral resources worldwide.

Herti AD

Market Cap: лв34.1m

Provides various packaging solutions.

Fazerles AD

Market Cap: лв6.7m

Manufactures and sells hardboard wood based panels in Bulgaria, rest of Europe, Asia, Africa, and the United States.

thyssenkrupp

Market Cap: €6.1b

Operates as an industrial and technology company in Germany and internationally.

Heidelberg Materials

Market Cap: €35.1b

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