U.K. Potentially Undervalued Companies

OSB Group

Market Cap: UK£2.0b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Huhtamäki Oyj

Market Cap: €2.9b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

A.G. BARR

Market Cap: UK£718.0m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Sword Group

Market Cap: €319.0m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

ICG

Market Cap: UK£5.3b

A private equity firm specializing in direct and fund of fund investments.

Bytes Technology Group

Market Cap: UK£744.6m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Accenture

Market Cap: US$119.4b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Persimmon

Market Cap: UK£3.6b

Operates as a house builder in the United Kingdom.

Prudential

Market Cap: UK£28.3b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Tecan Group

Market Cap: CHF 1.7b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.

Axalta Coating Systems

Market Cap: US$6.2b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

ProCredit Holding

Market Cap: €503.6m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

DNO

Market Cap: NOK 18.0b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Banca IFIS

Market Cap: €1.4b

Provides financial services and solutions for enterprises.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Arcadis

Market Cap: €2.7b

Engages in the design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Gamma Communications

Market Cap: UK£851.1m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Prosegur Cash

Market Cap: €931.6m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally.

Middleby

Market Cap: US$6.6b

Designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide.

Talgo

Market Cap: €373.1m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Compagnie Chargeurs Invest

Market Cap: €204.2m

Operates as an industrial and financial company in France, Italy, Germany, the United States, Mainland China, Hong Kong, the United Kingdom, and internationally.

Hollywood Bowl Group

Market Cap: UK£449.3m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Rithm Capital

Market Cap: US$5.7b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

Universal Health Services

Market Cap: US$10.9b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Pharming Group

Market Cap: €1.0b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Imperial Brands

Market Cap: UK£21.4b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Bertrandt

Market Cap: €159.7m

Provides engineering services.

Equasens Société anonyme

Market Cap: €615.5m

Provides healthcare IT solutions in Europe.

Mears Group

Market Cap: UK£332.1m

Provides various outsourced services to the public and private sectors in the United Kingdom.

NatWest Group

Market Cap: UK£47.2b

Provides banking and financial products and services in the United Kingdom and internationally.

Clariant

Market Cap: CHF 3.6b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

Modern Times Group MTG

Market Cap: SEK 12.5b

Through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand.

General Dynamics

Market Cap: US$88.0b

Operates as an aerospace and defense company worldwide.

Palfinger

Market Cap: €1.4b

Provides hydraulic lifting solutions in Austria and internationally.

Bonava

Market Cap: SEK 3.0b

Operates as a residential developer in Germany, Sweden, Finland, Estonia, Latvia, and Lithuania.