Bulgarian Potentially Undervalued Companies

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €46.4b

Engages in the insurance and reinsurance businesses worldwide.

Starbucks

Market Cap: €92.6b

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

Alphabet

Market Cap: €2.2t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Johnson & Johnson

Market Cap: €377.5b

Engages in the research and development, manufacture, and sale of various products in the healthcare field worldwide.

Nokia Oyj

Market Cap: €23.0b

Provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Vale

Market Cap: €236.3b

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

Bravo Property Fund REIT

Market Cap: лв33.8m

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

Tenaris

Market Cap: €17.2b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Nordex

Market Cap: €4.5b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Snap

Market Cap: €15.3b

Operates as a technology company in North America, Europe, and internationally.

Medtronic

Market Cap: €115.2b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Anheuser-Busch InBev

Market Cap: €116.2b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Veolia Environnement

Market Cap: €22.6b

Designs and provides water, waste, and energy management solutions.

HSBC Holdings

Market Cap: €153.0b

Engages in the provision of banking and financial products and services worldwide.

Nordea Bank Abp

Market Cap: €43.7b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Novo Nordisk

Market Cap: €1.9t

Engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

H & M Hennes & Mauritz

Market Cap: €214.9b

Provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide.

Boeing

Market Cap: €173.8b

Designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.

PVA TePla

Market Cap: €351.5m

Develops and produces process in areas of semiconductor, metal, electrical/electronics, and optical sectors worldwide.

Carl Zeiss Meditec

Market Cap: €5.3b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

Toronto-Dominion Bank

Market Cap: €175.2b

Provides various financial products and services in Canada, the United States, and internationally.

Pfizer

Market Cap: €145.8b

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States and internationally.

Heidelberg Materials

Market Cap: €35.9b

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

Alphabet

Market Cap: €2.2t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Hydraulic Elements and Systems AD

Market Cap: лв90.6m

Produces and sells hydraulic cylinders and axial-piston products.

PUMA

Market Cap: €3.3b

Engages in the development and sale of sports and sports lifestyle products in Germany, rest of Europe, the United States, North America, and internationally.

Sopharma Properties REIT

Market Cap: лв175.6m

n/a

TeamViewer

Market Cap: €2.6b

Develops and distributes remote connectivity solutions worldwide.

Delivery Hero

Market Cap: €12.9b

Offers online food ordering and delivery services.

3M

Market Cap: €76.6b

Provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally.

Coca-Cola

Market Cap: €300.7b

A beverage company, manufactures and sells various nonalcoholic beverages in the United States 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.

PayPal Holdings

Market Cap: €71.9b

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

Continental

Market Cap: €15.2b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

AstraZeneca

Market Cap: €165.3b

A biopharmaceutical company, focuses on the discovery, development, manufacture, and commercialization of prescription medicines.

Fund Estates REIT

Market Cap: лв1.6m

BenchMark Real Estate Investment Trust PLC is a real estate investment trust based in Sofia, Bulgaria.