Cypriot Potentially Undervalued Companies

Constantinou Bros Hotels

Market Cap: €45.0m

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: €313.8m

A publicly owned investment manager.

Chris Joannou

Market Cap: €745.2k

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

Atlantic Insurance Company

Market Cap: €92.7m

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

Blue Island

Market Cap: €24.1m

Engages in the fish farming and trading business in Cyprus.

Vassiliko Cement Works

Market Cap: €319.4m

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

Ermes Department Stores

Market Cap: €3.7m

Operates various departmental and other stores in Cyprus and Greece.

Leptos Calypso Hotels

Market Cap: €29.7m

Operates a chain of hotels in Cyprus and Greece.

KEO

Market Cap: €110.5m

Operates in the wine making and brewing industry worldwide.

Mitsides

Market Cap: €5.7m

Produces and sells pasta and flour in Cyprus and Serbia.

Actibond Growth Fund

Market Cap: €759.6k

A publicly owned investment manager.

Eurobank

Market Cap: €12.9b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Display Art

Market Cap: €364.7k

Provides exhibition construction services in Cyprus and Greece.

K. Kythreotis Holdings

Market Cap: €20.3m

Produces and supplies building materials in Cyprus.

Unigrowth Investments

Market Cap: €713.8k

Invests in movable and immovable securities in Cyprus and Romania.

Cosmos Insurance Company

Market Cap: €16.3m

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

Lordos Hotels (Holdings)

Market Cap: €53.6m

Operates hotels in Cyprus.

Louis

Market Cap: €60.8m

Engages in the operation of hotels in Cyprus and Greece.