Brazilian Potentially Undervalued Companies

KT

Market Cap: R$12.1t

Provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally.

Exelixis

Market Cap: R$11.2b

An oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States.

Wix.com

Market Cap: R$7.0b

Operates a cloud-based web development platform for registered users and creators worldwide.

Allied Tecnologia

Market Cap: R$941.6m

Manufactures and distributes technology products in Brazil and Latin America.

Churchill Downs

Market Cap: R$6.9b

Operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States.

João Fortes Engenharia

Market Cap: R$17.2m

Develops, constructs, and sells real estate properties in Brazil.

Dexxos Participações

Market Cap: R$906.2m

Engages in the production and sale of thermosetting resins to the reconstituted wood panels industry in Brazil.

Cognizant Technology Solutions

Market Cap: R$35.0b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

Caesars Entertainment

Market Cap: R$4.0b

Operates as a gaming and hospitality company.

Exact Sciences

Market Cap: R$12.7b

Provides cancer screening and diagnostic test products in the United States and internationally.

UMH Properties

Market Cap: R$1.3b

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that currently owns and operates 144 manufactured home communities containing approximately 26,800 developed homesites, of which 10,600 contain rental homes, and over 1,000 self-storage units.

Booz Allen Hamilton Holding

Market Cap: R$10.1b

A technology company, provides technology solutions using artificial intelligence, cyber, and other technologies for government’s cabinet-level departments and commercial customers in the United States and internationally.

Getnet Adquirencia e Servicos para Meios de Pagamento - Instituicão de Pagamento

Market Cap: R$4.5b

Getnet Adquirência e Serviços Para Meios de Pagamento S.A.

JBS

Market Cap: R$14.7b

Operates as a protein and food company worldwide.

Afya

Market Cap: R$1.3b

Operates as a medical education group in Brazil.

Eucatex Indústria e Comércio

Market Cap: R$1.7b

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

Sarepta Therapeutics

Market Cap: R$2.0b

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.

Iron Mountain

Market Cap: R$27.0b

Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds.

REAG Investimentos

Market Cap: R$153.7m

Operates an online platform that connects professionals with seeking quotes and hire services in Brazil.

Cyrela Brazil Realty Empreendimentos e Participações

Market Cap: R$12.9b

Engages in the development and construction of residential properties in Brazil.

Marcopolo

Market Cap: R$7.8b

Engages in manufacture and sale of buses, bus bodies, and components in Brazil, South Africa, Australia, China, Mexico, Argentina, and internationally.

Fleury

Market Cap: R$8.7b

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

Kimberly-Clark

Market Cap: R$34.5b

Manufactures and markets personal care products in the United States.

DENTSPLY SIRONA

Market Cap: R$2.1b

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

General Mills

Market Cap: R$25.3b

Manufactures and markets branded consumer foods worldwide.

Zimmer Biomet Holdings

Market Cap: R$17.8b

Operates as a medical technology company worldwide.

Tripadvisor

Market Cap: R$1.7b

TripAdvisor, Inc., an online travel company, engages in the provision of travel guidance products and services worldwide.

Lineage

Market Cap: R$8.5b

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 88 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific.

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.

Serena Energia

Market Cap: R$7.9b

Engages in the provision of renewable energy.

AES

Market Cap: R$9.8b

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

Companhia de Gás de São Paulo - COMGÁS

Market Cap: R$17.0b

Companhia de Gás de São Paulo – COMGÁS operates as a piped natural gas distributor in Brazil.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: R$351.7t

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

Robert Half

Market Cap: R$2.7b

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

Interpublic Group of Companies

Market Cap: R$9.0b

Provides advertising and marketing services worldwide.

Vipshop Holdings

Market Cap: R$9.6b

Operates online platforms in the People's Republic of China.