U.K. Potentially Undervalued Companies

Jones Lang LaSalle

Market Cap: US$13.9b

A commercial real estate and investment management company, engages in the buying, building, occupying, managing, and investing in commercial, industrial, hotel, residential, and retail properties in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Elisa Oyj

Market Cap: €7.1b

Provides telecommunications, information and communication technology (ICT), and online services in Finland, rest of Europe, and internationally.

American Tower

Market Cap: US$89.5b

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S.

Honda Motor

Market Cap: US$5.9t

Develops, manufactures, and distributes motorcycles, automobiles, and power products in Japan, North America, Europe, Asia, and internationally.

Landis+Gyr Group

Market Cap: CHF 1.9b

Provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Discovery Silver

Market Cap: CA$4.1b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada.

Zurich Insurance Group

Market Cap: CHF 81.0b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Aflac

Market Cap: US$59.2b

Through its subsidiaries, provides supplemental health and life insurance products.

Phillips 66

Market Cap: US$54.5b

Operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally.

J. M. Smucker

Market Cap: US$11.5b

Manufactures and markets branded food and beverage products worldwide.

Procter & Gamble

Market Cap: US$355.9b

Provides branded consumer packaged goods worldwide.

Metso Oyj

Market Cap: €9.8b

Provides technologies, end-to-end solutions, and services for the aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India.

Mowi

Market Cap: NOK 109.0b

A seafood company, produces and sells Atlantic salmon products worldwide.

Jyske Bank

Market Cap: DKK 41.6b

Provides financial solutions in Denmark and Germany.

Madrigal Pharmaceuticals

Market Cap: US$10.0b

A biopharmaceutical company, focuses on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH) in the United States.

Freeport-McMoRan

Market Cap: US$55.8b

Engages in the mining of mineral properties in North America, South America, and Indonesia.

Cencora

Market Cap: US$59.8b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

LGI Homes

Market Cap: US$1.2b

Engages in the design, construction, and sale of homes in the United States.

Equillium

Market Cap: US$87.5m

A clinical-stage biotechnology company, develops therapeutics to treat severe autoimmune and inflammatory, or immuno-inflammatory disorders with unmet medical need in the United States.

Exelon

Market Cap: US$45.4b

A utility services holding company, engages in the energy distribution and transmission businesses.

GoPro

Market Cap: US$344.8m

Provides cameras, mountable and wearable accessories, and subscription and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

CF Industries Holdings

Market Cap: US$14.6b

Engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally.

Dollar Tree

Market Cap: US$18.4b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Uber Technologies

Market Cap: US$201.5b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Masimo

Market Cap: US$7.9b

Develops, manufactures, and markets various patient monitoring technologies, and automation and connectivity solutions worldwide.

2G Energy

Market Cap: €575.0m

Manufactures systems for decentralized energy supply in Germany and internationally.

COFACE

Market Cap: €2.4b

Through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners.

JCDecaux

Market Cap: €3.2b

Operates as an outdoor advertising company worldwide.