U.K. Diversified Financials Potentially Undervalued Companies

Exor

Market Cap: €17.9b

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

IG Group Holdings

Market Cap: UK£3.9b

A fintech company, engages in the online trading business 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.

OSB Group

Market Cap: UK£2.1b

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

Man Group

Market Cap: UK£1.8b

Man Group Limited is a publicly owned investment manager.

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$2.7b

Provides money movement and payment services worldwide.

FRP Advisory Group

Market Cap: UK£312.6m

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

Tikehau Capital

Market Cap: €3.4b

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

PayPal Holdings

Market Cap: €64.1b

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

Worldline

Market Cap: €840.5m

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

Paragon Banking Group

Market Cap: UK£1.8b

Provides financial products and services in the United Kingdom.

International Personal Finance

Market Cap: UK£460.1m

Engages in financial services business in Europe and Mexico.

Fiserv

Market Cap: US$71.9b

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

Impax Asset Management Group

Market Cap: UK£243.1m

A publicly owned investment manager.

Federal Home Loan Mortgage

Market Cap: US$28.6b

Operates in the secondary mortgage market in the United States.

Taaleri Oyj

Market Cap: €197.4m

A publicly owned asset management holding company.

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£118.3m

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.

Edenred

Market Cap: €6.2b

Provides digital platform for services and payments for companies, employees, and merchants worldwide.

NewtekOne

Market Cap: US$305.3m

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.

StoneCo

Market Cap: US$4.1b

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

IG Group Holdings

Market Cap: UK£3.9b

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

CMC Markets

Market Cap: UK£626.7m

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

CAB Payments Holdings

Market Cap: UK£118.3m

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.

Fidelity National Information Services

Market Cap: US$37.5b

Fidelity National Information Services, Inc.

Virtu Financial

Market Cap: US$6.4b

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

Synchrony Financial

Market Cap: US$26.9b

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

Essent Group

Market Cap: US$6.1b

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

W.A.G payment solutions

Market Cap: UK£565.9m

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

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.

ASA International Group

Market Cap: UK£130.0m

Operates as a microfinance institution in Asia and Africa.

HAL Trust

Market Cap: €11.3b

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

Exor

Market Cap: €17.9b

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

CMC Markets

Market Cap: UK£626.7m

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

Argentex Group

Market Cap: UK£3.3m

Provides currency risk management, payment, and alternative banking solutions in the United Kingdom, the Netherlands, the United Arab Emirates, and Australia.