Hungarian Potentially Undervalued Companies

NUTEX Investments

Market Cap: Ft2.4b

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

Gedeon Richter

Market Cap: Ft2.2t

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

MBH Bank Nyrt

Market Cap: Ft967.6b

Provides various banking products and services in Hungary.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft2.4t

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

Wizz Air Holdings

Market Cap: Ft962.2m

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

OTP Bank Nyrt

Market Cap: Ft9.7t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

OPUS GLOBAL Nyrt

Market Cap: Ft267.7b

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: Ft1.8t

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

Vienna Insurance Group

Market Cap: Ft7.8b

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

Forrás nyRt

Market Cap: Ft9.6b

Forras Rt. is a publicly owned investment manager.

ENEFI Vagyonkezelo Nyrt

Market Cap: Ft2.1b

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

Bayer

Market Cap: Ft39.5b

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: Ft48.0b

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

Waberer's International Nyrt

Market Cap: Ft212.8m

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

Forrás nyRt

Market Cap: Ft9.6b

Forras Rt. is a publicly owned investment manager.

SAP

Market Cap: Ft193.2b

Provides enterprise application and business solutions worldwide.

Deutsche Lufthansa

Market Cap: Ft9.5b

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

BASF

Market Cap: Ft42.3b

Operates as a chemical company worldwide.

GRÁNIT Bank Zártköruen Muködo Részvénytársaság

Market Cap: Ft202.8b

Operates as a commercial bank in Hungary.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: Ft68.7b

Engages in the insurance and reinsurance businesses worldwide.

Budapesti Értéktozsde Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft44.7b

Operates as a stock exchange in Hungary and internationally.

Shopper Park Plus Nyilvánosan Muködo Részvénytársaság

Market Cap: €301.3m

Owns, operates, and leases retail parks in Hungary and the Czech Republic.

Siemens

Market Cap: Ft170.2b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

Deutsche Telekom

Market Cap: Ft161.6b

Provides integrated telecommunication services worldwide.

ANY Biztonsági Nyomda Nyrt

Market Cap: Ft104.4b

Operates as a security printing company in Europe.