Cypriot Potentially Undervalued Companies

Constantinou Bros Hotels

Market Cap: €46.9m

Engages in the operation and management of hotels in Cyprus.

A. Tsokkos Hotels

Market Cap: €12.4m

Engages in the operation of a chain of hotels and hotel apartments in Cyprus.

Mall of Cyprus (MC)

Market Cap: €75.0m

The Mall of Cyprus (MC) Plc engages in leasing/granting of rights of use of space of its property.

Demetra Holdings

Market Cap: €324.0m

A publicly owned investment manager.

Logicom

Market Cap: €275.6m

Engages in the distribution of technology products, solutions, and services in Cyprus, Greece, the United Arab Emirates, Saudi Arabia, and internationally.

Chris Joannou

Market Cap: €745.2k

Imports and trades in food products, feedstock, and equipment for the food industry in Cyprus.

Atlantic Insurance Company

Market Cap: €94.2m

Provides insurance and financial services to individuals and businesses in Cyprus.

Blue Island

Market Cap: €24.2m

Engages in the fish farming and trading business in Cyprus.

Ermes Department Stores

Market Cap: €3.3m

Operates various departmental and other stores in Cyprus and Greece.

KEO

Market Cap: €117.3m

Operates in the wine making and brewing industry worldwide.

Leptos Calypso Hotels

Market Cap: €26.1m

Operates a chain of hotels in Cyprus and Greece.

Mitsides

Market Cap: €5.7m

Produces and sells pasta and flour in Cyprus and Serbia.

Vassiliko Cement Works

Market Cap: €316.5m

Engages in the production and sale of clinker and cement products in Cyprus and Israel.

Actibond Growth Fund

Market Cap: €759.6k

A publicly owned investment manager.

K. Kythreotis Holdings

Market Cap: €18.3m

Produces and supplies building materials in Cyprus.

Display Art

Market Cap: €405.2k

Provides exhibition construction services in Cyprus and Greece.

Unigrowth Investments

Market Cap: €659.9k

Invests in movable and immovable securities in Cyprus and Romania.

Cosmos Insurance Company

Market Cap: €18.1m

Provides general insurance products to individuals and business customers in Cyprus.

Ellinas Finance

Market Cap: €7.1m

Provides short- and medium- term lending services to individuals and companies in Cyprus.

Bank of Cyprus Holdings

Market Cap: €3.6b

Through its subsidiaries, engages in the provision of banking, financial, and insurance services in Cyprus, Greece, the United Kingdom, the United States, Germany, Romania, Russia, Ukraine, Belarus, Israel, and internationally.

Lordos Hotels (Holdings)

Market Cap: €40.3m

Operates hotels in Cyprus.

Louis

Market Cap: €56.6m

Through its subsidiary, operates hotels in Cyprus and Greece.