Brazilian Potentially Undervalued Companies

Rede D'Or São Luiz

Market Cap: R$63.7b

Operates a network of hospitals in Brazil.

Grupo SBF

Market Cap: R$2.8b

Engages in the retail and wholesale of sports and leisure products in Brazil.

Plano & Plano Desenvolvimento Imobiliário

Market Cap: R$2.4b

Through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region.

Empreendimentos Pague Menos

Market Cap: R$1.8b

Operates a chain of pharmacies in Brazil.

Vivara Participações

Market Cap: R$4.5b

Engages in the manufacture and sale of jewelry and other articles in Latin America.

São Martinho

Market Cap: R$7.4b

Engages in the production and sale of sugar, ethanol, and other sugarcane byproducts in Brazil.

Prio

Market Cap: R$32.1b

Engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally.

Companhia Brasileira de Alumínio

Market Cap: R$3.3b

Produces and sells aluminum products.

Companhia Brasileira De Distribuicao

Market Cap: R$1.2b

Engages in the operation of supermarkets, specialized stores, and department stores in Brazil.

Trisul

Market Cap: R$1.2b

Engages in the construction and development of real estate properties in Brazil.

Transmissora Aliança de Energia Elétrica

Market Cap: R$11.9b

Engages in the implementation, operation, and maintenance of electric power transmission lines in Brazil.

GPS Participações e Empreendimentos

Market Cap: R$9.5b

Together its subsidiaries, engages in the provision of facilities, security, logistics, utility engineering, industrial service, catering, and infrastructure services in Brazil.

Warner Bros. Discovery

Market Cap: R$26.4b

Operates as a media and entertainment company worldwide.

Grupo Casas Bahia

Market Cap: R$760.6m

Grupo Casas Bahia S.A., together with its subsidiaries, retails electronics, home appliances, and furniture in Brazil.

CACI International

Market Cap: R$8.2b

Through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors.

Ternium

Market Cap: R$6.2b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Carnival Corporation &

Market Cap: R$27.1b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Boa Safra Sementes

Market Cap: R$1.4b

Produces and sells soybean seeds in Brazil.

Jalles Machado S/A

Market Cap: R$1.2b

Produces, markets, and exports sugar, ethanol, and other by-products from sugarcane.

Grupo Mateus

Market Cap: R$15.2b

Operates a supermarket chain in Brazil.

Allpark Empreendimentos Participações e Serviços

Market Cap: R$640.8m

Allpark Empreendimentos, Participações e Serviços S.A.

Companhia de Saneamento do Paraná - SANEPAR

Market Cap: R$8.6b

Provides sanitation services in Brazil.

GoPro

Market Cap: R$132.4m

Engages in the development and sales of cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$69.3b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Transmissora Aliança de Energia Elétrica

Market Cap: R$11.9b

Engages in the implementation, operation, and maintenance of electric power transmission lines in Brazil.

Norwegian Cruise Line Holdings

Market Cap: R$9.0b

Operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally.

Leggett & Platt

Market Cap: R$1.1b

Designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally.

Hypera

Market Cap: R$12.9b

Operates as a pharmaceutical company in Brazil.

Match Group

Market Cap: R$7.6b

Engages in the provision of digital technologies.

Yduqs Participações

Market Cap: R$3.3b

Provides higher education services in Brazil.

Movida Participações

Market Cap: R$1.8b

Through its subsidiaries, provides car rental services in Brazil.

Regeneron Pharmaceuticals

Market Cap: R$70.5b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Teva Pharmaceutical Industries

Market Cap: R$18.4b

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

Infracommerce CXaaS

Market Cap: R$63.8m

Provides digital solutions for various brands and industries in Brazil, Mexico, Colombia, Peru, Chile, Argentina, Uruguay, and Latin America.

Irani Papel e Embalagem

Market Cap: R$1.7b

Manufactures and sells corrugated cardboard and packaging papers in Brazil and internationally.

Braskem

Market Cap: R$8.6b

Engages in the manufacture, sale, import, and export of chemicals, petrochemicals and fuels.