U.K. Potentially Undervalued Companies

Universal Health Services

Market Cap: US$11.8b

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

Gap

Market Cap: US$8.6b

Operates as an apparel retail company.

Accenture

Market Cap: US$121.0b

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

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.

Husqvarna

Market Cap: SEK 21.5b

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

Middleby

Market Cap: US$6.8b

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

Rithm Capital

Market Cap: US$5.3b

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

Banca IFIS

Market Cap: €1.4b

Provides financial services and solutions for enterprises.

Aston Martin Lagonda Global Holdings

Market Cap: UK£402.1m

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.

OSB Group

Market Cap: UK£2.0b

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

Robert Walters

Market Cap: UK£61.2m

Provides professional recruitment consultancy services worldwide.

Prudential

Market Cap: UK£27.0b

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

q.beyond

Market Cap: €92.7m

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

Premier Foods

Market Cap: UK£1.7b

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

AMG Critical Materials

Market Cap: €1.1b

Develops, produces, and sells energy storage materials.

KWS SAAT SE KGaA

Market Cap: €2.2b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Pan African Resources

Market Cap: UK£2.9b

Engages in the mining, extraction, production, and sale of gold in South Africa.

Forbo Holding

Market Cap: CHF 1.1b

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

4imprint Group

Market Cap: UK£978.7m

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

ICG

Market Cap: UK£4.4b

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

FRP Advisory Group

Market Cap: UK£265.8m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Prosegur Cash

Market Cap: €880.5m

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

MERLIN Properties SOCIMI

Market Cap: €7.5b

MERLIN Properties SOCIMI, S.A. (MC:MRL) is the largest real estate and infrastructure company trading on the Spanish Stock Exchange.

Arcadis

Market Cap: €2.5b

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.

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.

Axalta Coating Systems

Market Cap: US$5.9b

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.

Hollywood Bowl Group

Market Cap: UK£424.0m

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

Sword Group

Market Cap: €292.4m

Provides IT and software solutions.

Persimmon

Market Cap: UK£3.8b

Operates as a house builder in the United Kingdom.

Talgo

Market Cap: €368.4m

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

Elior Group

Market Cap: €620.7m

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

EVS Broadcast Equipment

Market Cap: €453.1m

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

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.

Pharming Group

Market Cap: €885.9m

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.

BWG

Market Cap: NOK 19.9b

An investment holding company, engages in ship owning and chartering activities worldwide.

Cicor Technologies

Market Cap: CHF 541.2m

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