German Media Potentially Undervalued Companies

Arnoldo Mondadori Editore

Market Cap: €564.6m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Kuaishou Technology

Market Cap: €220.9b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Casta Diva Group

Market Cap: €26.4m

Operates as a communication company in Italy and internationally.

illumin Holdings

Market Cap: €96.7m

A technology company, provides digital media solutions in the United States, Canada, Europe, Latin America, and internationally.

Zhihu

Market Cap: €319.7m

Operates an online content community in the People’s Republic of China.

Omnicom Group

Market Cap: €13.9b

Offers advertising, marketing, and corporate communications services.

Ipsos

Market Cap: €1.9b

Through its subsidiaries, provides survey-based research services for companies and institutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Autohome

Market Cap: €3.0b

Operates as an online destination for automobile consumers in the People’s Republic of China.

DoubleDown Interactive

Market Cap: €509.4m

Engages in the development and publishing of casual games and mobile applications in South Korea.

Tencent Holdings

Market Cap: €4.7t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

Gambling.com Group

Market Cap: €412.3m

Operates as a performance marketing company for the online gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

NetDragon Websoft Holdings

Market Cap: €5.3b

Provides online and mobile games the People’s Republic of China, the United States, the United Kingdom, and internationally.

Alphabet

Market Cap: €2.0t

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

TEGNA

Market Cap: €2.7b

Operates as a journalism company in the United States.

NRJ Group

Market Cap: €579.0m

A private media company, operates as a publisher, producer, and broadcaster in France and internationally.

Cars.com

Market Cap: €651.5m

An audience-driven technology company, provides solutions for the automotive industry in the United States.

Travelzoo

Market Cap: €149.6m

Operates as an Internet media company that provides travel, entertainment, and local experiences worldwide.

Gray Media

Market Cap: €415.4m

A multimedia company, owns and/or operates television stations and digital assets in the United States.

Future

Market Cap: €717.2m

Future plc, together with its subsidiaries, publishes and distributes content for technology, gaming, sports, fashion, beauty, homes, wealth, and knowledge sectors in the United States and the United Kingdom.

Better Collective

Market Cap: €7.6b

Operates as a digital sports media company in Europe, North America, and internationally.

Havas

Market Cap: €1.5b

Operates as a communications and marketing company that provides end to end services across industry value chain.

Wirtualna Polska Holding

Market Cap: €2.6b

Through its subsidiaries, engages in the media, advertising, and e-commerce businesses in Poland.

Deezer

Market Cap: €151.0m

Provides music, lossless HiFi audio, and industry defining features on a scalable platform in France, Germany, the United Kingdom, Brazil, the United States, and internationally.

YOC

Market Cap: €52.0m

Operates as a mobile advertising company in Germany and internationally.

Tencent Holdings

Market Cap: €4.7t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

Métropole Télévision

Market Cap: €1.6b

Operates as a multimedia group.

TrueCar

Market Cap: €127.1m

Operates as an internet-based information, technology, and communication services company in the United States.

Adtraction Group

Market Cap: €521.5m

Provides advertising services in Europe.

TF1

Market Cap: €1.8b

Engages in the broadcasting, studios and entertainment, and digital businesses in France and internationally.

ITV

Market Cap: €2.9b

A vertically integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide.

Comcast

Market Cap: €128.6b

Operates as a media and technology company worldwide.

Edel SE KGaA

Market Cap: €86.4m

Operates as an independent music company in Europe.

Maximum Entertainment

Market Cap: €18.1m

An entertainment company, engages in the development, publishing, transmedia, sale, and operation of video games worldwide.

MeglioQuesto

Market Cap: €13.8m

Meglioquesto S.P.A. operates a digital platform that supports consumers for the choice, management, and assistance of products and services.

Mediaset España Comunicación

Market Cap: €905.1m

Mediaset España Comunicación, S.A., together with its subsidiaries, engages in the television broadcasting business in Spain.

Ibotta

Market Cap: €1.4b

A technology company, provides digital promotion services to clients in the United States.