Bulgarian Potentially Undervalued Companies

Teva Pharmaceutical Industries

Market Cap: €29.2b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, 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.

E.ON

Market Cap: €39.8b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

H & M Hennes & Mauritz

Market Cap: €291.7b

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

Barrick Mining

Market Cap: €87.7b

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

Toronto-Dominion Bank

Market Cap: €175.2b

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

PVA TePla

Market Cap: €351.5m

Offers systems and solutions to produce components for energy storage systems, photovoltaic modules, and wind turbines worldwide.

Bulgarian Stock Exchange AD

Market Cap: лв143.4m

Operates as a stock exchange in Bulgaria.

Heidelberg Materials

Market Cap: €36.9b

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

Procter & Gamble

Market Cap: €345.1b

Provides branded consumer packaged goods worldwide.

SAP

Market Cap: €245.8b

Provides enterprise application and business solutions worldwide.

Sopharma Properties REIT

Market Cap: лв207.4m

n/a

Infineon Technologies

Market Cap: €46.1b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.

ITF Group AD

Market Cap: лв23.8m

ITF Group Ad, a non–bank financial institution, provides financial services to borrowers in Bulgaria.

TeamViewer

Market Cap: €2.6b

Provides remote connectivity solutions worldwide.

3M

Market Cap: €76.6b

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

Weichai Power

Market Cap: €160.6b

Engages in the automobile and equipment manufacturing industry in China and internationally.

Coca-Cola

Market Cap: €306.1b

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

Amazon.com

Market Cap: €2.5t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Samsung Electronics

Market Cap: €631.7t

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