Brazilian Potentially Undervalued Companies

LKQ

Market Cap: R$7.8b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Jazz Pharmaceuticals

Market Cap: R$7.8b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

Kepler Weber

Market Cap: R$1.3b

Provides storage equipment and post-harvest grain solutions in Brazil, Central and South America, Africa, and Asia.

Marcopolo

Market Cap: R$10.1b

Engages in manufacture and sale of bus bodies in Brazil, Africa, Argentina, Australia, China, the United Arab Emirates, and Mexico.

Cyrela Brazil Realty Empreendimentos e Participações

Market Cap: R$11.1b

Develops and constructs residential properties in Brazil.

Incyte

Market Cap: R$16.4b

A biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics in the United States, Europe, Canada, and Japan.

Sarepta Therapeutics

Market Cap: R$1.8b

A commercial-stage biopharmaceutical company, focuses on the discovery and development of RNA-targeted therapeutics, gene therapies, and other genetic therapeutic modalities for the treatment of rare diseases.

Cosan

Market Cap: R$12.5b

Engages in the fuel distribution business.

Upwork

Market Cap: R$2.6b

Operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally.

Eucatex Indústria e Comércio

Market Cap: R$1.7b

Produces and sells hardboard, wood, and related materials in Brazil.

JBS

Market Cap: R$12.3b

Operates as a protein and food company worldwide.

Ambev

Market Cap: R$193.0b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada.

SLC Agrícola

Market Cap: R$7.3b

Produces and sells agricultural products in Brazil and internationally.

DENTSPLY SIRONA

Market Cap: R$2.6b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

Altria Group

Market Cap: R$109.4b

Through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.

Neoenergia

Market Cap: R$34.5b

Generates, transmits, distributes, trades in, and commercializes electric energy in Brazil.

AES

Market Cap: R$9.5b

Operates as a power generation and utility company in the United States and internationally.

Companhia de Gás de São Paulo - COMGÁS

Market Cap: R$16.4b

Companhia de Gás de São Paulo – COMGÁS distributes natural gas in Brazil.

ChargePoint Holdings

Market Cap: R$259.7m

Provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe.

Lineage

Market Cap: R$9.5b

Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 485 strategically located facilities totaling approximately 86 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific.

General Mills

Market Cap: R$27.3b

Manufactures and markets branded consumer foods worldwide.

Afya

Market Cap: R$1.5b

Operates as a medical education group in Brazil.

LPS Brasil - Consultoria de Imóveis

Market Cap: R$186.7m

Provides real estate brokerage services in Brazil.

Robert Half

Market Cap: R$3.5b

Provides talent solutions and business consulting services in the United States and internationally.

Fleury

Market Cap: R$8.9b

Provides diagnostic imaging, clinical analysis, fertility, and infusions services in Brazil.

Gilead Sciences

Market Cap: R$141.0b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: R$313.0t

Provides information and communications technology, and telecommunications network services worldwide.

Newell Brands

Market Cap: R$2.3b

Engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide.

Cigna Group

Market Cap: R$77.4b

Provides insurance and related products and services in the United States.

PENN Entertainment

Market Cap: R$2.8b

Provides integrated entertainment, sports content, and casino gaming experiences.

RingCentral

Market Cap: R$2.8b

Provides cloud business communications, contact center, video, and hybrid event solutions in North America and internationally.

d1000 Varejo Farma Participações

Market Cap: R$253.5m

Operates a chain of drugstores in Brazil.

Baidu

Market Cap: R$45.7b

Provides online marketing and non-marketing value added services through an internet platform in the People’s Republic of China.

JSL

Market Cap: R$1.8b

Provides logistics services in Brazil.

Adobe

Market Cap: R$149.9b

Operates as a technology company worldwide.

MAHLE Metal Leve

Market Cap: R$3.7b

An automotive parts company, manufactures and sells components for internal combustion engines and automotive filters in South America, Europe, Central and North America, Africa, and internationally.