U.K. Media Potentially Undervalued Companies

Karnov Group

Market Cap: SEK 6.8b

Provides information and workflow solutions in Denmark, Sweden, Norway, France, Spain, and Portugal.

4imprint Group

Market Cap: UK£1.0b

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

Publicis Groupe

Market Cap: €21.5b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East, and internationally.

Modern Times Group MTG

Market Cap: SEK 14.7b

Through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand.

Tencent Holdings

Market Cap: HK$4.1t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

Publicis Groupe

Market Cap: €21.5b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East, and internationally.

Next 15 Group

Market Cap: UK£262.2m

Engages in the data, technology, and activation businesses in the United Kingdom, the United States, Europe, the Middle East, Africa, and the Asia Pacific.

4imprint Group

Market Cap: UK£1.0b

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

Hacksaw

Market Cap: SEK 22.8b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

Hello Group

Market Cap: US$867.3m

Provides mobile-based social and entertainment services in the People’s Republic of China and internationally.

Bastei Lübbe

Market Cap: €93.2m

A media company, publishes books, audio books, e-books, and related digital products in the genres of fiction and popular science content in European Union, Germany, Austria, Luxembourg, Czech Republic, and Switzerland.

Next 15 Group

Market Cap: UK£262.2m

Engages in the data, technology, and activation businesses in the United Kingdom, the United States, Europe, the Middle East, Africa, and the Asia Pacific.

WPP

Market Cap: UK£2.8b

A creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe.

iQIYI

Market Cap: US$974.7m

Provides online entertainment video services in the People’s Republic of China.

ProSiebenSat.1 Media

Market Cap: €820.9m

Operates as a media company in Germany, Austria, Switzerland, the United States, and internationally.

MONY Group

Market Cap: UK£976.4m

Provides price comparison and lead generation services through its websites and applications in the United Kingdom.

Tencent Holdings

Market Cap: US$4.1t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

Criteo

Market Cap: US$958.7m

A technology company, provides platform to connects the commerce ecosystem for brands, agencies, retailers, and media owners to drive measurable business outcomes in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific.

Walt Disney

Market Cap: US$172.8b

Operates as an entertainment company in Americas, Europe, and the Asia Pacific.

Autotrader Group

Market Cap: UK£4.0b

Operates an automotive platform in the United Kingdom.

Springer Nature KGaA

Market Cap: €3.6b

Engages in the publishing business in Germany, the United Kingdom, the United States, and internationally.

Ipsos

Market Cap: €1.5b

Through its subsidiaries, provides survey-based research services for companies and institutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Reach

Market Cap: UK£177.6m

Operates as a commercial news publisher in the United Kingdom, the rest of Europe, and internationally.

Modern Times Group MTG

Market Cap: SEK 14.7b

Through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand.

Ubisoft Entertainment

Market Cap: €764.5m

Produces, publishes, distributes, and operates video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally.

MFE-Mediaforeurope

Market Cap: €2.2b

Operates in the television industry in Italy and Spain.

Promotora de Informaciones

Market Cap: €415.9m

Engages in the exploitation of media in Spain and internationally.

Rightmove

Market Cap: UK£3.4b

Operates property portal in the United Kingdom and internationally.

Solocal Group

Market Cap: €146.2m

Provides digital services in France and internationally.

S4 Capital

Market Cap: UK£233.6m

Provides digital advertising, marketing, and technology services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Borussia Dortmund GmbH Kommanditgesellschaft auf Aktien

Market Cap: €337.2m

Engages in the football business in Germany.

Arnoldo Mondadori Editore

Market Cap: €547.3m

Engages in publishing of books and magazines in Italy, rest of Europe, the United States, internationally.

Tencent Music Entertainment Group

Market Cap: US$13.6b

Operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China.

Snap

Market Cap: US$8.0b

Operates as a technology company in North America, Europe, and internationally.

MONY Group

Market Cap: UK£976.4m

Provides price comparison and lead generation services through its websites and applications in the United Kingdom.

ITV

Market Cap: UK£3.1b

A vertically integrated production, broadcasting, and streaming company, which creates, owns, and distributes content on various platforms worldwide.