Brazilian Potentially Undervalued Companies

Kraft Heinz

Market Cap: R$34.8b

Manufactures and markets food and beverage products in North America and internationally.

Diageo

Market Cap: R$45.0b

Engages in the production, marketing, and sale of alcoholic beverages.

Exelixis

Market Cap: R$10.6b

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

Neogrid Participações

Market Cap: R$210.3m

Develops, licenses, sells, and implements customized software for the management and synchronization of supply chains worldwide.

Toyota Motor

Market Cap: R$37.7t

Designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East.

Robert Half

Market Cap: R$5.9b

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

Marathon Petroleum

Market Cap: R$46.3b

Operates as an integrated downstream energy company primarily in the United States.

Nomura Holdings

Market Cap: R$2.9t

Provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide.

Marcopolo

Market Cap: R$7.3b

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

Sibanye Stillwater

Market Cap: R$56.0b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Best Buy

Market Cap: R$15.8b

Offers technology products and solutions in the United States, Canada, and internationally.

Companhia Energética de Brasília - CEB

Market Cap: R$1.3b

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

Nokia Oyj

Market Cap: R$26.9b

Provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa.

Las Vegas Sands

Market Cap: R$28.8b

Owns, develops, and operates integrated resorts in Macao and Singapore.

NetEase

Market Cap: R$496.3b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Bread Financial Holdings

Market Cap: R$2.5b

Provides tech-forward payment and lending solutions to customers and consumer-based industries in North America.

Serena Energia

Market Cap: R$4.8b

Generates and sells renewable energy.

Enjoei

Market Cap: R$207.1m

Operates a marketplace platform for the purchase and sale of used products in Brazil.

Intelbras - Indústria de Telecomunicação Eletrônica Brasileira

Market Cap: R$4.1b

Engages in the manufacturing, developing, and sale of electronic security equipment and electronic surveillance and monitoring services in Brazil.

Dexco

Market Cap: R$4.5b

Engages in the production and sale of wooden panels in Brazil and internationally.

Ser Educacional

Market Cap: R$626.8m

Develops and manages activities for on-campus and distance-learning undergraduate, graduate, and professional training courses and other education-related areas in Brazil.

Eucatex Indústria e Comércio

Market Cap: R$1.3b

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

Tupy

Market Cap: R$2.6b

Engages in the development, manufacture, and sale of cast and compacted graphite iron structural components in North America, South and Central Americas, Europe, Asia, Africa, Oceania, and internationally.

Brookfield

Market Cap: R$130.1b

An alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets.

CSN Mineração

Market Cap: R$34.4b

Engages in the iron ore mining business in Brazil.

General Dynamics

Market Cap: R$72.2b

Operates as an aerospace and defense company worldwide.

United Airlines Holdings

Market Cap: R$25.8b

Through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America.

TOTVS

Market Cap: R$20.2b

Develops and sells management software, and productivity and collaboration platforms in Brazil and internationally.

Zoom Communications

Market Cap: R$23.8b

Provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

EcoRodovias Infraestrutura e Logística

Market Cap: R$3.8b

EcoRodovias Infraestrutura e Logística S.A.

Bemobi Mobile Tech

Market Cap: R$1.4b

A technology company, offers solutions and mobile platforms for digital payments, customer engagement, microfinance, and digital services in Brazil and internationally.

NetApp

Market Cap: R$19.2b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Alphabet

Market Cap: R$2.1t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Tegma Gestão Logística

Market Cap: R$2.3b

Provides logistics management, transportation, and storage services in Brazil.

Lumen Technologies

Market Cap: R$4.5b

A networking company, provides integrated products and services to business and mass customers in the United States and internationally.

Roku

Market Cap: R$11.9b

Operates a TV streaming platform in the United states and internationally.