U.K. Potentially Undervalued Companies

Hochschild Mining

Market Cap: UK£3.0b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.

Sword Group

Market Cap: €295.2m

Provides IT and software solutions.

Elior Group

Market Cap: €613.6m

Provides contract catering and support services in France, Europe, North America, and India.

Sonova Holding

Market Cap: CHF 11.0b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Banca IFIS

Market Cap: €1.4b

Provides financial services and solutions for enterprises.

Aston Martin Lagonda Global Holdings

Market Cap: UK£399.7m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.

Middleby

Market Cap: US$6.8b

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

Prudential

Market Cap: UK£26.9b

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

Victrex

Market Cap: UK£487.5m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

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.

Hollywood Bowl Group

Market Cap: UK£414.8m

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

ICG

Market Cap: UK£4.5b

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

Talgo

Market Cap: €377.1m

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

Axalta Coating Systems

Market Cap: US$6.0b

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.

Premier Foods

Market Cap: UK£1.6b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, 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.

Robert Walters

Market Cap: UK£57.8m

Provides professional recruitment consultancy services worldwide.

Huhtamäki Oyj

Market Cap: €3.0b

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

4imprint Group

Market Cap: UK£981.5m

Operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.

AMG Critical Materials

Market Cap: €1.1b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

OSB Group

Market Cap: UK£2.0b

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

Persimmon

Market Cap: UK£3.9b

Operates as a house builder in the United Kingdom.

Autoliv

Market Cap: US$7.8b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

q.beyond

Market Cap: €90.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Pharming Group

Market Cap: €915.4m

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.

NatWest Group

Market Cap: UK£46.3b

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

COLTENE Holding

Market Cap: CHF 281.7m

Develops, manufactures, and sells disposables, tools, and equipment for dentists and dental laboratories in Europe, the Middle East, Africa, North America, Latin America, and Asia/Oceania.

Gamma Communications

Market Cap: UK£781.1m

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

Toll Brothers

Market Cap: US$13.0b

Designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States.

Cicor Technologies

Market Cap: CHF 561.0m

Develops, and manufactures electronic components, devices, and systems worldwide.

Gap

Market Cap: US$9.0b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Universal Health Services

Market Cap: US$11.6b

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

Husqvarna

Market Cap: SEK 21.2b

Produces and sells outdoor power products, watering products, and lawn care power equipment.

Arcadis

Market Cap: €2.4b

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.

Rithm Capital

Market Cap: US$5.0b

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

EVS Broadcast Equipment

Market Cap: €447.7m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.