Hungarian Potentially Undervalued Companies

Gedeon Richter

Market Cap: Ft2.3t

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

NUTEX Investments

Market Cap: Ft2.2b

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

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft2.6t

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

MBH Bank Nyrt

Market Cap: Ft848.3b

Provides various banking products and services in Hungary.

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.

OPUS GLOBAL Nyrt

Market Cap: Ft157.5b

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

Wizz Air Holdings

Market Cap: Ft890.8m

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

ENEFI Vagyonkezelo Nyrt

Market Cap: Ft2.1b

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

Forrás nyRt

Market Cap: Ft9.3b

Forras Rt. is a publicly owned investment manager.

Vienna Insurance Group

Market Cap: Ft8.2b

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

Bayerische Motoren Werke

Market Cap: Ft47.4b

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

Waberer's International Nyrt

Market Cap: Ft218.0m

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

Deutsche Telekom

Market Cap: Ft131.8b

Provides integrated telecommunication services worldwide.

ANY Biztonsági Nyomda Nyrt

Market Cap: Ft105.6b

Operates as a security printing company in Europe.

Bayer

Market Cap: Ft35.7b

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.

Forrás nyRt

Market Cap: Ft9.3b

Forras Rt. is a publicly owned investment manager.

Deutsche Lufthansa

Market Cap: Ft8.5b

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

SAP

Market Cap: Ft170.3b

Provides enterprise application and business solutions worldwide.

BASF

Market Cap: Ft47.2b

Operates as a chemical company worldwide.

DH Group Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft41.8b

Provides real estate agency services to the real estate and financial services sectors in Hungary, Poland, the Czech Republic, and Italy.

OTP Bank Nyrt

Market Cap: Ft11.1t

Provides various commercial banking services.

Mercedes-Benz Group

Market Cap: Ft46.0b

Operates as an automotive company in Europe, Germany, North America, the United States, Asia, China, and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: Ft67.1b

Engages in the insurance and reinsurance businesses worldwide.

DM-KER Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft3.9b

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

adidas

Market Cap: Ft26.4b

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.