Hungarian Potentially Undervalued Companies

NUTEX Investments

Market Cap: Ft2.3b

Provides health preserving, health improving, dietary supplement, and cosmetic products in Hungary and internationally.

MBH Bank Nyrt

Market Cap: Ft903.1b

Provides various banking products and services in Hungary.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft2.6t

Operates as an integrated oil and gas company in Hungary and internationally.

Gedeon Richter

Market Cap: Ft2.4t

Researches, develops, manufactures, markets, and sells pharmaceutical products.

OPUS GLOBAL Nyrt

Market Cap: Ft167.7b

Through its subsidiaries, engages in the construction business in Hungary, rest of EU countries, non-EU countries, Asian countries, and internationally.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

Market Cap: Ft2.2t

Provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia.

Wizz Air Holdings

Market Cap: Ft987.0m

Engages in the provision of passenger air transportation services in Europe, Iceland, Liechtenstein, Norway, and Switzerland, the United Kingdom, and Other European countries.

Forrás nyRt

Market Cap: Ft9.5b

Forras Rt. is a publicly owned investment manager.

ENEFI Vagyonkezelo Nyrt

Market Cap: Ft2.0b

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

Vienna Insurance Group

Market Cap: Ft8.3b

Engages in providing insurance products and services in Austria and internationally.

Bayer

Market Cap: Ft40.6b

Operates as a life science company in Europe, the Middle East, Africa, Germany, Switzerland, North America, the United States, the Asia Pacific, China, Latin America, and Brazil.

Bayerische Motoren Werke

Market Cap: Ft50.7b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Forrás nyRt

Market Cap: Ft9.5b

Forras Rt. is a publicly owned investment manager.

Deutsche Telekom

Market Cap: Ft138.8b

Provides integrated telecommunication services worldwide.

ANY Biztonsági Nyomda Nyrt

Market Cap: Ft108.0b

Operates as a security printing company in Europe.

Waberer's International Nyrt

Market Cap: Ft224.0m

Provides transportation, forwarding, and logistics services in Europe and internationally.

Deutsche Lufthansa

Market Cap: Ft9.4b

Operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa.

SAP

Market Cap: Ft176.4b

Provides enterprise application and business solutions worldwide.

BASF

Market Cap: Ft46.2b

Operates as a chemical company worldwide.

OTP Bank Nyrt

Market Cap: Ft11.4t

Provides various commercial banking services.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: Ft72.0b

Engages in the insurance and reinsurance businesses worldwide.

adidas

Market Cap: Ft25.5b

Designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally.

DM-KER Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft3.5b

Engages in the distribution and servicing of agricultural and construction machinery in Hungary.