Global Utilities Potentially Undervalued Companies

IDICO Urban and House Development Investment

Market Cap: ₫399.2b

Provides electricity supply services in Vietnam.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥69.9b

Engages in the clean energy business in China.

Saif Power

Market Cap: PK₨4.1b

Owns, operates, and maintains a combined cycle power plant in Pakistan.

Charisma Energy Services

Market Cap: S$19.7m

An investment holding company, engages in the generation and sale of energy and power generation services in Singapore and Sri Lanka.

RWE

Market Cap: €25.5b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Jersey Electricity

Market Cap: UK£144.0m

Engages in the generation, transmission, distribution, and supply of electricity in Jersey.

ENEFI Vagyonkezelo Nyrt

Market Cap: Ft2.3b

Engages in the production and sale of thermal energy in Hungary, Cyprus, and Romania.

Électricite de Strasbourg Société Anonyme

Market Cap: €1.1b

Engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France.

Aivita Group

Market Cap: US$1.2m

Owns, operates, and distributes on-site energy systems in the United Kingdom and Europe.

AES

Market Cap: Mex$9.2b

Operates as a power generation and utility company in the United States and internationally.

AES

Market Cap: €9.2b

Operates as a power generation and utility company in the United States and internationally.

VERBUND

Market Cap: US$20.9b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Shivamshree Businesses

Market Cap: ₹186.1m

Engages electric power generation using solar energy.

Sohar Power Company SAOG

Market Cap: ر.ع3.8m

Sohar Power Company SAOG builds, owns, and operates electricity generation station and water desalination plant in the Sultanate of Oman.

EVN

Market Cap: US$3.3b

Provides energy and environmental services in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania.

Group of Companies TNS energo

Market Cap: ₽9.6b

Public Joint Stock Company Group of Companies TNS energo operates as an independent energy supply company in Russia.

Cloudberry Clean Energy

Market Cap: NOK 3.2b

Operates as a renewable energy company in Norway, Denmark, Switzerland, and Sweden.

Societatea Energetica Electrica

Market Cap: US$2.2b

Engages in the operation, construction, and maintenance of electricity distribution networks in Romania.

ACEA

Market Cap: US$4.1b

Operates as a multi-utility company in Italy.

National Grid

Market Cap: CHF 39.0b

Engages in the transmission and distribution of electricity and gas.

Fortum Oyj

Market Cap: Mex$11.0b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

TTW

Market Cap: US$33.9b

Engages in the production and sale of treated water in Thailand.

Magnora

Market Cap: US$1.5b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Beijing Enterprises Holdings

Market Cap: US$42.5b

Through its subsidiaries, engages in the gas, water, environmental, brewery, and other businesses in Mainland China, Germany, and internationally.

MPC Caribbean Clean Energy

Market Cap: JA$1.6b

Together with its subsidiary, focuses on investing in renewable energy projects in Jamaica, Trinidad and Tobago, and the Caribbean and Central American region.

Electricity Generating

Market Cap: US$60.8b

Generates and sells electricity to government sector and industrial users primarily in Thailand, Laos, the Philippines, Indonesia, Australia, South Korea, Taiwan, and the United States.

China Oil And Gas Group

Market Cap: US$745.1m

An investment holding company, engages in the natural gas and energy-related businesses in Hong Kong, Mainland China, and Canada.

Hallador Energy

Market Cap: €801.3m

Through its subsidiaries, engages in the production of steam coal for the electric power generation industry in Indiana.

Acciona

Market Cap: €9.2b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Exelon

Market Cap: US$43.7b

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

Fortis

Market Cap: US$33.9b

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.

Scan Inter

Market Cap: ฿667.5m

Primarily engages in trading natural gas through natural gas vehicle (NGV) service stations in Thailand.

Alerion Clean Power

Market Cap: €1.0b

Engages in electricity production from wind and solar power in Italy, Spain, Bulgaria, and Romania.

SIIC Environment Holdings

Market Cap: US$463.6m

An investment holding company, engages in the wastewater treatment, water supply, sludge treatment, solid waste incineration, and other environment related businesses primarily in the People's Republic of China.

Huadian Power International

Market Cap: US$64.0b

Engages in the sale of power fand thermal products in the People’s Republic of China.

Energía Latina

Market Cap: CL$42.9b

Engages in the generation and sale of electricity in Chile.