U.K. Potentially Undervalued Companies

Fluor

Market Cap: US$5.6b

Provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

Senior

Market Cap: UK£516.2m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

Montea Comm. VA

Market Cap: €1.4b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

GL Events

Market Cap: €614.2m

Provides venues and offices for events.

Morgan Advanced Materials

Market Cap: UK£514.6m

Manufactures and sells various carbon and ceramic products in the United Kingdom.

Card Factory

Market Cap: UK£315.7m

Operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally.

Banca IFIS

Market Cap: €1.1b

Provides financial services and solutions for enterprises.

MONY Group

Market Cap: UK£1.0b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Konecranes

Market Cap: €4.2b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, the Asia-Pacific, and internationally.

Vanquis Banking Group

Market Cap: UK£155.8m

Engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.

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.

Nilfisk Holding

Market Cap: DKK 2.2b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Demant

Market Cap: DKK 47.6b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Odfjell

Market Cap: NOK 7.9b

Provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia.

Panoro Energy

Market Cap: NOK 2.6b

An independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.

Aker BP

Market Cap: NOK 139.1b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

Komax Holding

Market Cap: CHF 486.2m

Engages in the automated wire processing business in Europe, North America, South America, the Asia/Pacific, and Africa.

BW Offshore

Market Cap: NOK 4.9b

Engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific.

International Personal Finance

Market Cap: UK£291.2m

Engages in financial services business in Europe and Mexico.

Intertek Group

Market Cap: UK£7.2b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Odfjell Technology

Market Cap: NOK 1.7b

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Stolt-Nielsen

Market Cap: NOK 11.9b

Provides transportation, storage, and distribution solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids worldwide.

BXP

Market Cap: US$11.1b

BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC.

Affiliated Managers Group

Market Cap: US$4.5b

Through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States.

Arise

Market Cap: SEK 1.5b

Operates in the renewable energy sector.

Smith & Nephew

Market Cap: UK£8.6b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

BNP Paribas

Market Cap: €80.9b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Eiffage

Market Cap: €10.4b

Engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France, rest of Europe, and internationally.

MetLife

Market Cap: US$48.8b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Renold

Market Cap: UK£92.5m

Engages in the manufacture and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally.

Ultimate Products

Market Cap: UK£54.1m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Cairn Homes

Market Cap: UK£999.8m

Engages in the development of residential property for sale in Ireland.

Ipsos

Market Cap: €1.8b

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

Andritz

Market Cap: €5.2b

Provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally.

Navigator Company

Market Cap: €2.3b

Manufactures and markets pulp and paper products worldwide.

Peugeot Invest Société anonyme

Market Cap: €1.7b

Operates as an investment company.