Bulgarian Potentially Undervalued Companies

Evotec

Market Cap: €1.1b

Operates as a drug discovery and development company in the United States, Germany, France, the United Kingdom, Switzerland, and internationally.

freenet

Market Cap: €4.3b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

AIXTRON

Market Cap: €1.5b

Provides deposition equipment to the semiconductor industry in Asia, Europe, and the Americas.

Port Fleet 99 AD

Market Cap: лв18.7m

Provides maneuvering and towing services for ships and floating objects in the waters of the port of Varna.

Siemens Healthineers

Market Cap: €53.7b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Adobe

Market Cap: €153.6b

Operates as a technology company worldwide.

BNP Paribas

Market Cap: €86.8b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Telekom Austria

Market Cap: €6.3b

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.

Petróleo Brasileiro - Petrobras

Market Cap: €429.1b

Explores, produces, and sells oil and gas in Brazil and internationally.

Bulgarian-American Credit Bank AD

Market Cap: лв249.4m

Provides banking products and services to individual and corporate clients in Bulgaria.

Fazerles AD

Market Cap: лв6.7m

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

Monbat AD

Market Cap: лв81.0m

Manufactures and sells batteries worldwide.

Chimimport AD

Market Cap: лв163.1m

Engages in the acquisition, management, and sale of shares in Bulgarian and foreign companies.

Heidelberger Druckmaschinen

Market Cap: €581.9m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Atomenergoremont AD

Market Cap: лв168.9m

Provides repair services for equipment in power plants.

thyssenkrupp

Market Cap: €7.3b

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

Forucom REIT-Haskovo

Market Cap: лв3.0m

n/a

Neochim AD

Market Cap: лв53.3m

Produces and trades in fertilizers, and inorganic and organic chemical products in Bulgaria and internationally.

Samsung Electronics

Market Cap: €525.3t

Engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide.

Billboard AD

Market Cap: лв6.5m

Engages in the various format digital printing business in Bulgaria.

PayPal Holdings

Market Cap: €65.5b

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

Vestas Wind Systems

Market Cap: €94.9b

Engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally.

Société Générale Société anonyme

Market Cap: €43.7b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

RWE

Market Cap: €25.9b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Bayerische Motoren Werke

Market Cap: €50.8b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Siemens

Market Cap: €176.9b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

Intel

Market Cap: €115.8b

Designs, develops, manufactures, markets, and sells computing and related products and services worldwide.

Berkshire Hathaway

Market Cap: €1.1t

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

STMicroelectronics

Market Cap: €21.6b

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

Starbucks

Market Cap: €92.6b

Operates as a roaster, marketer, and retailer of coffee worldwide.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €46.4b

Engages in the insurance and reinsurance businesses worldwide.

Enel

Market Cap: €69.7b

Operates as an integrated operator in electricity and gas industries worldwide.

HOCHTIEF

Market Cap: €17.2b

Engages in the construction business worldwide.

Alibaba Group Holding

Market Cap: €371.0b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

Bravo Property Fund REIT

Market Cap: лв36.7m

A joint-stock company, operates as a special purpose investment company for the securitization of real estates.

Meituan

Market Cap: €644.2b

Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.