Spanish Potentially Undervalued Companies

ArcelorMittal

Market Cap: €21.6b

Operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa.

Renta Corporación Real Estate

Market Cap: €24.8m

A real estate company, engages in the acquisition, rehabilitation, and sale of real estate properties in Barcelona and Madrid, Spain.

Prim

Market Cap: €208.4m

Provides health technology, mobility, and health care products in Spain.

Minor Hotels Europe & Americas

Market Cap: €2.8b

Operates hotels in Spain, Italy, Southern Europe, the United States, Central Europe, Benelux, Latin America, and Central Services.

Logista Integral

Market Cap: €3.8b

Through its subsidiaries, operates as a distributor and logistics operator in Spain, France, Italy, Portugal, and Poland.

Acciona

Market Cap: €9.0b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Elaia Investment Spain Socimi

Market Cap: €15.0m

As of August 29, 2017, Socimi Eurosic Investment Spain operates as a subsidiary of Batipart SAS.

Airbus

Market Cap: €147.9b

Engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide.

Azkoyen

Market Cap: €205.3m

Designs, manufactures, and markets technology solutions in Spain and internationally.

TR Hotel Jardin Del Mar

Market Cap: €300.0k

Engages in the hotel business in Spain.

Bradespar

Market Cap: €6.2b

Through its interest in VALE, operates as a mining company in the production of iron ore and pellets, and nickel in Brazil.

Liwe Española

Market Cap: €16.6m

Engages in the design, manufacture, distribution, and sale of clothing, footwear, and accessories.

Griñó Ecologic

Market Cap: €31.3m

Provides environmental and waste treatment services in Spain.

Inmobiliaria Colonial SOCIMI

Market Cap: €3.4b

Inmobiliaria Colonial is the leading platform in the prime commercial real estate market in Europe, with a presence in the main business areas of Barcelona, Madrid, and Paris.

Volcan Compañía MineraA

Market Cap: €1.6b

Explores for and operates mining concessions in Peru.

Atrys Health

Market Cap: €214.1m

Provides diagnostic services and medical treatments in Spain, Portugal, and Latin America.

Plásticos Compuestos

Market Cap: €12.4m

Engages in the design, production, and marketing of mineral fillers, and color concentrates and additives for the plastics processing industry in Spain, Germany, France, and internationally.

Técnicas Reunidas

Market Cap: €1.7b

An engineering and construction company, designs and manages industrial plant projects worldwide.

Puig Brands

Market Cap: €9.1b

Operates in the beauty and fashion industry in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Corporación Acciona Energías Renovables

Market Cap: €7.2b

Corporación Acciona Energías Renovables, S.A.

Coca-Cola Europacific Partners

Market Cap: €34.1b

Produces, distributes, and sells a range of non-alcoholic ready to drink beverages.

Minerales y Productos Derivados

Market Cap: €3.9m

Produces, sells, and markets minerals and chemical products in Spain.

Hispanotels Inversiones Socimi

Market Cap: €100.5m

Engages in the investment in hotel, office, residential, and commercial real estate property markets.

Laboratorios Farmaceuticos Rovi

Market Cap: €3.1b

Manufactures, sells, and markets pharmaceutical products in Spain, European Union, OECD countries, and internationally.

Amper

Market Cap: €299.5m

Provides technological, industrial, and engineering solutions for the defense, security, energy, sustainability, and telecommunications markets in Spain and internationally.

Faes Farma

Market Cap: €1.3b

Researches, develops, produces, and markets pharmaceutical products, healthcare products, and raw materials worldwide.

Alquiber Quality

Market Cap: €67.6m

Provides industrial and commercial vehicle rental services for SMEs and large companies in Spain.

América Móvil. de

Market Cap: €1.1t

Provides telecommunications services in Latin America and internationally.

Substrate Artificial Inteligence

Market Cap: €14.3m

Engages in the creation and development of artificial intelligence systems in Spain.

Desarrollos Especiales de Sistemas de Anclaje

Market Cap: €36.7m

Desarrollos Especiales de Sistemas de Anclaje, S.A.

Naturgy Energy Group

Market Cap: €25.3b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Pharma Mar

Market Cap: €1.6b

A biopharmaceutical company, focuses on the research, development, production, and commercialization of bio-active principles for the use in oncology in Spain, Italy, Germany, Ireland, France, rest of the European Union, the United States, and internationally.

Fomento de Construcciones y Contratas

Market Cap: €5.2b

Engages in the environmental services, water management, infrastructure development, and real estate businesses in Europe and internationally.

Zambal Spain Socimi

Market Cap: €584.2m

Operates as a subsidiary of IBA Capital Partners.

Viscofan

Market Cap: €2.8b

Manufactures, produces, and distributes casings.

Parlem Telecom Companyia de Telecomunicacions

Market Cap: €64.8m

Parlem Telecom Companyia de Telecomunicacions, S.A.