Bulgarian Materials Potentially Undervalued Companies

Covestro

Market Cap: €11.3b

Supplies high-tech polymer materials and application solutions.

Vale

Market Cap: €225.1b

Produces and sells iron ore, iron ore pellets, nickel, and copper in Brazil and internationally.

Barrick Mining

Market Cap: €47.4b

Engages in the exploration, development, production, and sale of mineral properties.

thyssenkrupp

Market Cap: €5.4b

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

Fazerles AD

Market Cap: лв7.7m

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

Bulmetal JSC

Market Cap: лв61.9m

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

BASF

Market Cap: €37.5b

Operates as a chemical company worldwide.

Rio Tinto Group

Market Cap: €74.6b

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

Heidelberg Materials

Market Cap: €32.1b

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