Spanish Potentially Undervalued Companies

ACS Actividades de Construcción y Servicios

Market Cap: €15.8b

ACS, Actividades de Construcción y Servicios, S.A.

Secuoya Grupo de Comunicación

Market Cap: €216.4m

Secuoya, Grupo de Comunicación, S.A. creates, produces, and distributes content in Spain, Latin America, Eastern Countries, and internationally.

Ercros

Market Cap: €282.1m

Manufactures and sells basic chemicals, intermediate chemicals, and pharmaceuticals in Spain.

Parlem Telecom Companyia de Telecomunicacions

Market Cap: €70.3m

Parlem Telecom Companyia de Telecomunicacions, S.A.

Logista Integral

Market Cap: €3.6b

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

CLERHP Estructuras

Market Cap: €68.1m

Engages in structural engineering and construction activities in Spain and internationally.

Zambal Spain Socimi

Market Cap: €584.2m

Operates as a subsidiary of IBA Capital Partners.

Naturhouse Health

Market Cap: €108.2m

Operates in the nutrition and dietetics industry in Spain, Italy, France, Poland, and internationally.

Gop Properties Socimi

Market Cap: €93.2m

Grupo Ortiz Properties SOCIMI, S.A. engages in managing and leasing real estate assets in Spain.

Endesa

Market Cap: €26.7b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Agile Content

Market Cap: €46.0m

Engages in the information technology (IT) consulting services in Spain and internationally.

Holaluz-Clidom

Market Cap: €34.3m

Produces and sells electricity and gas.

Solaria Energía y Medio Ambiente

Market Cap: €1.4b

Generates solar photovoltaic energy.

Almirall

Market Cap: €2.4b

Operates as a skin health-focused biopharmaceutical company in Spain, Europe, the Middle East, the United States, Asia, and Africa.

Substrate Artificial Inteligence

Market Cap: €14.7m

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

Alfa. de

Market Cap: €76.7b

Primarily engages in the synthetic fiber and refrigerated food businesses in Mexico.

Audax Renovables

Market Cap: €654.3m

Engages in the generation and supplying of renewable electricity and gas in Spain, Portugal, Italy, Poland, Germany, Netherlands, France, Panama, and Hungary.

Gestamp Automoción

Market Cap: €1.9b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

Media Investment Optimization

Market Cap: €12.2m

Engages in the marketing and advertising business in Spain.

Clínica Baviera

Market Cap: €693.0m

A medical company, operates a network of ophthalmology clinics in Spain and Europe.

Meliá Hotels International

Market Cap: €1.7b

Owns, operates, manages, leases, and franchises hotels worldwide.

Técnicas Reunidas

Market Cap: €1.7b

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

Metrovacesa

Market Cap: €1.5b

Operates as a real estate development company in Spain.

ISC Fresh Water Investment SOCIMI

Market Cap: €124.5m

Operates as a real estate investment company in Spain.

Cellnex Telecom

Market Cap: €22.0b

Engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.

Promotora de Informaciones

Market Cap: €491.2m

Engages in the exploitation of media in Spain and internationally.

Olimpo Retail Germany SOCIMI

Market Cap: €101.1m

Engages in the acquisition and management of commercial real estate assets in Germany.

Amper

Market Cap: €227.3m

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

Indra Sistemas

Market Cap: €6.4b

Operates as a technology and consulting company for aerospace, defense, and mobility business worldwide.