Global Materials Potentially Undervalued Companies

MMG

Market Cap: HK$76.0b

An investment holding company, engages in the exploration, development, and mining of mineral properties.

Nankai PlywoodLtd

Market Cap: JP¥7.3b

Manufactures and sells interior building materials in Japan.

Huhtamaki India

Market Cap: ₹17.3b

Manufactures and sells of flexible consumer packaging and labelling solutions in India.

Sinoma Science & TechnologyLtd

Market Cap: CN¥56.4b

Engages in the research and development, design, manufacture, and sale of specialty fiber composite materials in China.

Tongguan Gold Group

Market Cap: HK$11.6b

An investment holding company, engages in the exploration, mining, processing, smelting, and sale of gold and related products in China.

Acerinox

Market Cap: US$2.8b

Manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally.

International Paper

Market Cap: Mex$23.9b

Produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.

OM Holdings

Market Cap: US$206.4m

An investment holding company, engages in mining, smelting, trading, and marketing manganese ores and ferroalloys worldwide.

WTEC Group Berhad

Market Cap: RM 84.0m

An investment holding company, manufactures and trades in foam and non-foam products, focusing on non-woven fabric products primarily in Malaysia and Vietnam.

Deterra Royalties

Market Cap: AU$2.1b

Operates as a royalty investment company in Australia, the United States, Mexico, Zambia, Peru, Canada, Mali, Kenya, Brazil, Cote D’Ivoire, and South Africa.

S. Pack & Print

Market Cap: ฿411.0m

Together with its subsidiary Sahakij Packaging Co., Ltd., operates an offset printing business in Thailand.

Pacific Lime and Cement

Market Cap: AU$200.9m

An investment holding company, engages in the exploration and evaluation of mineral resources.

Nanjing Iron & Steel

Market Cap: CN¥31.3b

Produces and sells steel and related products in China.

Leform Berhad

Market Cap: RM 214.7m

Engages in manufacturing and trading of steel products in Malaysia.

SeAH Holdings

Market Cap: ₩471.4b

Engages in the steel materials business in South Korea and internationally.

Hil Industries Berhad

Market Cap: RM 260.6m

An investment holding company, manufactures and sells industrial and domestic molded plastic products in Malaysia, the People’s Republic of China, and Thailand.

Zijin Mining Group

Market Cap: HK$794.1b

Engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

Core Lithium

Market Cap: €278.4m

Engages in the development of lithium and various metal deposits in Northern Territory and South Australia.

Advanced Petrochemical

Market Cap: ر.س8.8b

Engages in the production and sale of propylene, polypropylene, isopropyl alcohol, polysilicon, and polysilicon downstream products in the Kingdom of Saudi Arabia and internationally.

UBE

Market Cap: US$198.7b

Engages in the materials and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally.

D&L Industries

Market Cap: US$38.9b

Provides products for food ingredients, oleochemicals for personal and home care use, raw materials for plastic products, and aerosol products in the Philippines and internationally.

Dolkam Suja

Market Cap: €5.7m

Produces and sells various dolomite aggregates.

United Company RUSAL International

Market Cap: ₽50.9b

Engages in production and sale of aluminium and related products in Russia.

Verallia Société Anonyme

Market Cap: Mex$3.3b

Manufactures and sells glass packaging products for beverages and food products worldwide.

Kirloskar Ferrous Industries

Market Cap: ₹80.2b

Manufactures and sells iron castings, seamless tubes, and engineering steels in India and internationally.

Vidrala

Market Cap: €2.9b

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

Salzgitter

Market Cap: CHF 906.0m

Engages in steel and technology businesses worldwide.

Barrick Mining

Market Cap: US$50.7b

Engages in the exploration, development, production, and sale of mineral properties.

AirBoss of America

Market Cap: CA$142.3m

Manufactures and sells rubber-based products in Canada, the United States, and internationally.

Tharisa

Market Cap: R6.9b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, an internationally.

Dangote Cement

Market Cap: ₦8.8t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Ternium

Market Cap: US$6.8b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Atome

Market Cap: UK£31.3m

Engages in producing, marketing, and distributing green hydrogen and ammonia in the United Kingdom, Costa Rica, Iceland, and Paraguay.

Stella-Jones

Market Cap: €4.3b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

Silver Tiger Metals

Market Cap: CA$324.9m

Engages in the exploration and evaluation of mineral properties in Mexico.

Gemfields Group

Market Cap: €2.5b

Operates as a mining company.