U.K. Diversified Financials Potentially Undervalued Companies

Exor

Market Cap: €18.1b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

IG Group Holdings

Market Cap: UK£4.0b

A fintech company, engages in the online trading business worldwide.

FRP Advisory Group

Market Cap: UK£315.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders.

Man Group

Market Cap: UK£1.8b

Man Group Limited is a publicly owned investment manager.

OSB Group

Market Cap: UK£2.0b

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

Tikehau Capital

Market Cap: €3.4b

An alternative asset management group with €46.1 billion of assets under management (as of 30 June 2024).

Banca IFIS

Market Cap: €1.3b

Provides financial services and solutions for enterprises.

Flow Traders

Market Cap: €1.1b

Operates as a financial technology-enabled multi-asset class liquidity provider in Europe, the Americas, and Asia.

Western Union

Market Cap: US$2.6b

Provides money movement and payment services worldwide.

Rithm Capital

Market Cap: US$6.5b

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

Taaleri Oyj

Market Cap: €197.1m

A publicly owned asset management holding company.

Impax Asset Management Group

Market Cap: UK£234.0m

A publicly owned investment manager.

International Personal Finance

Market Cap: UK£460.1m

Engages in financial services business in Europe and Mexico.

Worldline

Market Cap: €884.5m

Provides payments and transactional services for financial institutions, merchants, corporations, and government agencies in Northern Europe, Central and Eastern Europe, Southern Europe, and internationally.

PayPal Holdings

Market Cap: €64.6b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

Paragon Banking Group

Market Cap: UK£1.8b

Provides financial products and services in the United Kingdom.

Fiserv

Market Cap: US$72.4b

Provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally.

Federal Home Loan Mortgage

Market Cap: US$25.7b

Operates in the secondary mortgage market in the United States.

Capital One Financial

Market Cap: US$133.2b

Operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom.

Ellington Financial

Market Cap: US$1.3b

Through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

CAB Payments Holdings

Market Cap: UK£118.8m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, supranationals, and governments in the United Kingdom and internationally.

IG Group Holdings

Market Cap: UK£4.0b

A fintech company, engages in the online trading business worldwide.

ASA International Group

Market Cap: UK£129.0m

Operates as a microfinance institution in Asia and Africa.

CAB Payments Holdings

Market Cap: UK£118.8m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, supranationals, and governments in the United Kingdom and internationally.

CMC Markets

Market Cap: UK£632.2m

Provides a platform for investing, trading, and brokerage in the United Kingdom, Australia, and internationally.

W.A.G payment solutions

Market Cap: UK£572.8m

Operates integrated payments and mobility platform that focuses on the commercial road transportation industry in Europe.

HA Sustainable Infrastructure Capital

Market Cap: US$3.2b

Through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States.

Virtu Financial

Market Cap: US$3.6b

Operates as a financial services company in the United States, Ireland, and internationally.

Fidelity National Information Services

Market Cap: US$37.2b

Fidelity National Information Services, Inc.

StoneCo

Market Cap: US$3.9b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

HAL Trust

Market Cap: €11.2b

Operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally.

Synchrony Financial

Market Cap: US$25.8b

Operates as a consumer financial services company in the United States.

NewtekOne

Market Cap: US$306.9m

Operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market.

Essent Group

Market Cap: US$5.9b

Through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States.

Eurazeo

Market Cap: €3.7b

A private equity and venture capital firm specializing in growth capital, series C, acquisitions, leveraged buyouts, and buy-ins of a private company, and investments in upper mid-market, mid-market and listed public companies, small- and mid-cap healthcare companies, equity in the small-mid and mid-large buyout segments.

Paragon Banking Group

Market Cap: UK£1.8b

Provides financial products and services in the United Kingdom.