U.K. Materials Potentially Undervalued Companies

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.

Axalta Coating Systems

Market Cap: US$6.4b

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.

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.

Navigator Company

Market Cap: €2.4b

Manufactures and markets pulp and paper products worldwide.

Vidrala

Market Cap: €2.8b

Engages in the manufacture and sale of glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Breedon Group

Market Cap: UK£1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products in the Great Britain, Ireland, and the United States.

Wienerberger

Market Cap: €2.7b

Produces and sells clay blocks, facing bricks, roof tiles, and ceramic pavers in Europe West, Europe East, and North America.

Atalaya Mining Copper

Market Cap: UK£1.2b

Engages in the mineral exploration and development in Spain.

Zotefoams

Market Cap: UK£194.2m

Manufactures, distributes, and sells polyolefin foams in the United Kingdom, rest of Europe, North America, and internationally.

Zotefoams

Market Cap: UK£194.2m

Manufactures, distributes, and sells polyolefin foams in the United Kingdom, rest of Europe, North America, and internationally.

Atalaya Mining Copper

Market Cap: UK£1.2b

Engages in the mineral exploration and development in Spain.

Crown Holdings

Market Cap: US$11.3b

Engages in the packaging business in the United States and internationally.

Elopak

Market Cap: NOK 9.6b

Manufactures and supplies paper-based packaging system solutions for liquid products in Europe, the Middle East, Africa, Asia, Americas, Germany, Canada, Netherlands, Norway, the United States, and internationally.

Breedon Group

Market Cap: UK£1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products in the Great Britain, Ireland, and the United States.

ACG Metals

Market Cap: UK£377.1m

Produces gold and silver in Turkey.

Corbion

Market Cap: €1.0b

Provides lactic acid and derivatives, food preservation solutions, functional ingredient systems, and algae-derived nutritional ingredients in the Netherlands, the United States, Asia, rest of Americas, the rest of Europe, the Middle East, and Africa.

Groupe Guillin

Market Cap: €428.9m

Produces and sells food packaging products in France, the United Kingdom, Italy, and internationally.

Torex Gold Resources

Market Cap: CA$5.9b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Petropavlovsk

Market Cap: UK£47.5m

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia.

Vicat

Market Cap: €2.9b

Engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry.

Aluminium Bahrain B.S.C

Market Cap: US$1.3b

Manufactures and sells aluminum and aluminum related products in the Kingdom of Bahrain, Europe, rest of Middle East, North Africa, Asia, and the Americas.

Heidelberg Materials

Market Cap: €33.1b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Galiano Gold

Market Cap: CA$906.7m

Operates as a gold mining company.

Avery Dennison

Market Cap: US$12.8b

Operates as a materials science and digital identification solutions company in the North America, Europe, the Middle East, North Africa, Asia, and Latin America.

Outokumpu Oyj

Market Cap: €2.5b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

AMG Critical Materials

Market Cap: €1.3b

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

Goldplat

Market Cap: UK£25.6m

Operates as a mining services company in South Africa and Ghana.

LANXESS

Market Cap: €1.6b

A specialty chemicals company, engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products worldwide.

Imerys

Market Cap: €1.9b

Engages in the supply of specialty minerals for various industries across Europe, the Middle East, Africa, Asia Pacific, and America.

AltynGold

Market Cap: UK£336.2m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

ERAMET

Market Cap: €1.5b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

H+H International

Market Cap: DKK 1.8b

Engages in the provision of wall building materials and solutions in the United Kingdom, Central Western Europe, and Poland.

Capital

Market Cap: UK£284.4m

Provides drilling, mining, mineral assaying, and surveying services.

SergeFerrari Group

Market Cap: €79.3m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Ferrexpo

Market Cap: UK£188.3m

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry.

Gränges

Market Cap: SEK 17.1b

Engages in the development, production, and distribution of rolled aluminum products in the Americas, Asia, and Europe.