Brazilian Potentially Undervalued Companies

Snap

Market Cap: R$13.9b

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

BILL Holdings

Market Cap: R$5.3b

Provides financial operations platform for small and midsize businesses worldwide.

Stanley Black & Decker

Market Cap: R$11.6b

Provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia.

Omnicom Group

Market Cap: R$14.9b

Offers advertising, marketing, and corporate communications services.

PulteGroup

Market Cap: R$25.8b

Through its subsidiaries, engages in the homebuilding business in the United States.

Fox

Market Cap: R$25.4b

Operates as a news, sports, and entertainment company in the United States.

ZTO Express (Cayman)

Market Cap: R$14.9b

Provides express delivery and other value-added logistics services in the People's Republic of China.

Conagra Brands

Market Cap: R$8.7b

Operates as a consumer packaged goods food company primarily in the United States.

Elevance Health

Market Cap: R$72.9b

Operates as a health benefits company in the United States.

JD.com

Market Cap: R$49.4b

Operates as a supply chain-based technology and service provider in the People’s Republic of China.

Unifique Telecomunicações

Market Cap: R$1.6b

Provides telecommunications services in Brazil.

Companhia Energética de Minas Gerais - CEMIG

Market Cap: R$36.0b

Through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.

General Motors

Market Cap: R$57.0b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Paranapanema

Market Cap: R$111.6m

Produces and sells copper and its byproducts in Brazil and internationally.

CPFL Energia

Market Cap: R$45.9b

Through its subsidiaries, engages in the electric power business in Brazil.

Triunfo Participações e Investimentos

Market Cap: R$174.4m

Triunfo Participações e Investimentos S.A.

Hapvida Participações e Investimentos

Market Cap: R$18.5b

Operates in the health sector in Brazil.

GeoPark

Market Cap: R$338.3m

Operates as an oil and natural gas exploration and production company in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries.

Equinor

Market Cap: R$642.2b

An energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally.

Fertilizantes Heringer

Market Cap: R$220.3m

Engages in the production and sale of fertilizers in Brazil.

Valid Soluções

Market Cap: R$1.7b

Provides digital payment solutions in Brazil.

Target

Market Cap: R$40.1b

Operates as a general merchandise retailer in the United States.

Enovis

Market Cap: R$1.8b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Americold Realty Trust

Market Cap: R$3.5b

Americold is a global leader in temperature-controlled logistics real estate and value-added services.

Engie Brasil Energia

Market Cap: R$33.1b

Generates, sells, and trades in electrical energy in Brazil.

American Airlines Group

Market Cap: R$7.9b

Through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific.

Five9

Market Cap: R$2.0b

Provides intelligent cloud software for contact centers in the United States and internationally.

Grazziotin

Market Cap: R$570.3m

Engages in the retail and wholesale business in Brazil.

Bath & Body Works

Market Cap: R$5.5b

Operates as a specialty retailer of home fragrance, personal and body care, soaps, and sanitizer products.

EOG Resources

Market Cap: R$63.0b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Ingredion

Market Cap: R$7.8b

Manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide.

Amdocs

Market Cap: R$9.2b

Through its subsidiaries, provides software and services to communications, entertainment, and media service providers worldwide.

Gen Digital

Market Cap: R$17.8b

Engages in the provision of cyber safety solutions for or individuals, families, and small businesses.

NICE

Market Cap: R$31.3b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance worldwide.

Skyworks Solutions

Market Cap: R$12.1b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Coterra Energy

Market Cap: R$17.9b

An independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.