Global Media Potentially Undervalued Companies

ITV

Market Cap: US$3.0b

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

EuropaCorp

Market Cap: €46.4m

Engages in the production and distribution of films and television series and dramas in France and internationally.

TradeDoubler

Market Cap: €467.9m

Provides performance marketing and technology solutions for publishers and advertisers in Europe.

Marcus

Market Cap: €490.6m

Owns and operates movie theatres, and hotels and resorts in the United States.

Ubisoft Entertainment

Market Cap: €1.3b

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.

iQIYI

Market Cap: €2.5b

Through its subsidiaries, provides online entertainment video services in the People’s Republic of China.

STV Group

Market Cap: UK£52.5m

Produces and broadcasts television programs in the United Kingdom.

Acast

Market Cap: €3.2b

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

Auto Trader Group

Market Cap: UK£6.8b

Operates an automotive platform in the United Kingdom.

Grupo Televisa

Market Cap: US$26.3b

Owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and internationally.

Roku

Market Cap: €14.7b

Operates a TV streaming platform in the United States and internationally.

TX Group

Market Cap: CHF 2.1b

Operates a network of platforms and participations that provides users with information, orientation, entertainment, and other services in Switzerland.

Reading International

Market Cap: €50.9m

Focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand.

East Side Games Group

Market Cap: €33.5m

Through its subsidiaries, develops, operates, and publishes free-to-play casual mobile games in Canada, the United States, and Europe.

Informa

Market Cap: UK£11.7b

Operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, North America, China, and internationally.

Liberty Broadband

Market Cap: US$9.0b

Engages in a range of communications businesses in the United States.

Advantage Solutions

Market Cap: US$508.5m

Provides business solutions to consumer packaged goods companies and retailers in North America, Asia Pacific, and Europe.

Roku

Market Cap: AR$14.7b

Operates a TV streaming platform in the United States and internationally.

NetEase

Market Cap: US$735.0b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Taboola.com

Market Cap: US$1.0b

Operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally.

Tencent Music Entertainment Group

Market Cap: €37.4b

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

APG|SGA

Market Cap: €617.4m

Provides advertising services primarily in Switzerland and Serbia.

Remedy Entertainment Oyj

Market Cap: €204.3m

A video game company, engages in the development and sale of PC and console games in Finland.

Dianomi

Market Cap: €6.8m

Provides native advertising services for the financial services, technology, corporate, and lifestyle sectors in Europe, the Middle East, Africa, the United States, and the Asia Pacific.

Ubisoft Entertainment

Market Cap: US$1.3b

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.

INTAGE HOLDINGS

Market Cap: JP¥66.5b

Operates as a marketing research company in Japan and internationally.

Verve Group

Market Cap: €445.4m

A digital media company, engages in the provision of ad-software solutions in North America and Europe.

MarkLines

Market Cap: JP¥27.4b

Operates an automotive industry portal in Japan, China, rest of Asia, North America, Europe, and internationally.

Azul Azul

Market Cap: CL$25.0b

Engages in organizing, producing, marketing, and participating in professional, entertainment and leisure activities of a sporting and recreational nature.

AMC Entertainment Holdings

Market Cap: US$1.5b

Through its subsidiaries, engages in the theatrical exhibition business in the United States and Europe.

JCDecaux

Market Cap: €3.2b

Operates as an outdoor advertising company worldwide.

oOh!media

Market Cap: US$821.6m

Engages in the outdoor media, and production and advertising businesses in Australia and New Zealand.

GreenBee

Market Cap: JP¥2.4b

Provides software development and services in Japan.

Sharingtechnology

Market Cap: JP¥24.6b

Engages in the website business for solving household problems in Japan.

ELTA TechnologyLtd

Market Cap: NT$2.1b

Provides digital multimedia transmission and video streaming service platforms for internet protocol television in Taiwan.

Zappallas

Market Cap: JP¥3.8b

Engages in the planning, production, development, and operation of fortune-telling services for mobile phones and PCs.