Swiss Potentially Undervalued Companies

Ceconomy

Market Cap: CHF 1.6b

Engages in the consumer electronics retail business.

Anheuser-Busch InBev

Market Cap: CHF 104.9b

Produces, distributes, exports, markets, and sells beer and beverages.

Wacker Neuson

Market Cap: CHF 931.8m

Manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally.

Covestro

Market Cap: CHF 10.9b

Supplies high-tech polymer materials and application solutions.

Talanx

Market Cap: CHF 21.7b

Provides insurance and reinsurance products and services worldwide.

NORMA Group

Market Cap: CHF 436.5m

Manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

SFS Group

Market Cap: CHF 4.6b

Supplies precision components and assemblies, mechanical fastening systems, tools, and procurement solutions in Switzerland and internationally.

Bucher Industries

Market Cap: CHF 3.9b

Engages in the manufacture and sale of machinery, systems, and hydraulic components for harvesting, producing and packaging food products, and keeping roads and public spaces clean and safe in Asia, the United States, Europe, and internationally.

Forbo Holding

Market Cap: CHF 1.2b

Produces and sells floor coverings, building and construction adhesives, and power transmission and conveyor belt solutions in Europe, the Americas, Asia Pacific, and Africa.

ORIOR

Market Cap: CHF 130.1m

Operates as a food and beverage company in Switzerland and internationally.

Delivery Hero

Market Cap: CHF 7.0b

Offers online food ordering and delivery services.

Bayer

Market Cap: CHF 19.3b

Operates as a life science company worldwide.

Renault

Market Cap: CHF 11.1b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

DEUTZ

Market Cap: CHF 555.3m

Develops, manufactures, and sells diesel and gas engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Lenovo Group

Market Cap: CHF 113.8b

An investment holding company, develops, manufactures, and markets technology products and services.

Bilfinger

Market Cap: CHF 1.6b

Provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East.

KWS SAAT SE KGaA

Market Cap: CHF 2.0b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Bristol-Myers Squibb

Market Cap: CHF 100.3b

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

MLP

Market Cap: CHF 711.1m

Provides financial services to private, corporate, and institutional clients in Germany.

GoPro

Market Cap: CHF 123.0m

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.

Zimmer Biomet Holdings

Market Cap: CHF 22.3b

Operates as a medical technology company worldwide.

Adecco Group

Market Cap: CHF 4.5b

Provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa.

CALIDA Holding

Market Cap: CHF 147.6m

Engages in the apparel business in Switzerland, France, Germany, rest of Europe, Asia, the United States, and internationally.

Clariant

Market Cap: CHF 3.4b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

Vontobel Holding

Market Cap: CHF 3.6b

Provides various financial services to private and institutional clients in Switzerland, Germany, the United Kingdom, Italy, North America, Liechtenstein, Singapore, Hong Kong, Australia, Japan, and internationally.

Joincare Pharmaceutical Group IndustryLtd

Market Cap: US$21.0b

Joincare Pharmaceutical Group Industry Co.,Ltd.

Cosmo Pharmaceuticals

Market Cap: CHF 906.6m

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Samsung Electronics

Market Cap: CHF 406.6t

Engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide.

Cicor Technologies

Market Cap: CHF 434.9m

Develops and manufactures electronic components, devices, and systems worldwide.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: CHF 64.9b

Engages in the insurance and reinsurance businesses worldwide.

TUI

Market Cap: CHF 3.3b

Provides tourism services worldwide.

ArcelorMittal

Market Cap: CHF 18.8b

Operates as integrated steel and mining companies in the United States, Europe, and internationally.

American Airlines Group

Market Cap: CHF 7.4b

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

Jungfraubahn Holding

Market Cap: CHF 1.1b

Operates cogwheel railway and winter sports related facilities in Jungfrau region, Switzerland.

Phoenix Mecano

Market Cap: CHF 414.5m

Manufactures and sells components for industrial customers worldwide.

Klingelnberg

Market Cap: CHF 109.6m

Develops, manufactures, and sells machines for bevel and cylindrical gear machining, and measuring centers for axially symmetrical objects and gears worldwide.