Italian Materials Potentially Undervalued Companies

Buzzi

Market Cap: €9.2b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Givaudan

Market Cap: €30.5b

Manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry.

International Flavors & Fragrances

Market Cap: €17.6b

Manufactures and markets food, beverage, health and biosciences, scent, pharma solutions, and complementary adjacent products in the United States, Europe, and internationally.

Steel Dynamics

Market Cap: €24.5b

Operates as a steel producer and metal recycler in the United States.

Alcoa

Market Cap: €10.7b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Dow

Market Cap: €17.0b

Through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America.

Zignago Vetro

Market Cap: €657.6m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

Holcim

Market Cap: €40.1b

Provides building materials and solutions worldwide.

Nucor

Market Cap: €36.9b

Engages in the manufacture and sale of steel and steel products.

Avery Dennison

Market Cap: €13.3b

Operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin America, and internationally.

CF Industries Holdings

Market Cap: €12.3b

Engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally.

LANXESS

Market Cap: €1.5b

A specialty chemicals company, engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products worldwide.

Cementir Holding

Market Cap: €2.7b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Türkiye, Egypt, and the Asia Pacific.

Amcor

Market Cap: €19.4b

Engages in the production and sale of packaging products in Europe, North America, Latin America, and the Asia Pacific.

Symrise

Market Cap: €9.6b

Operates as a supplier of fragrances, flavorings, cosmetic base materials and active ingredients, and functional ingredients and solutions in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America.

Industrie Chimiche Forestali

Market Cap: €35.4m

Produces and sells adhesives, impregnated fabrics, and extruded fabrics for footwear, automotive, upholstered furniture, leather goods, clothing, packaging, and other industrial sectors in Italy and internationally.

Clariant

Market Cap: €2.4b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

thyssenkrupp

Market Cap: €5.5b

Operates as an industrial and technology company in Germany and internationally.