Lithuanian Potentially Undervalued Companies

AB Ignitis grupe

Market Cap: €1.5b

Engages in the generation and distribution of electricity and heat in Lithuania, Poland, Latvia, Finland, Estonia, and internationally.

Invalda INVL

Market Cap: €265.3m

A private equity firm specializing in investments in small and middle-market privately-held companies, industry consolidation, growth capital, acquisitions and buyouts in undervalued assets.

Grigeo Group

Market Cap: €139.3m

Operates in the paper and wood industry in Lithuania.

Rokiskio Suris

Market Cap: €142.6m

Engages in the production and sale of fermented cheese, whey, and skimmed milk powder products in Lithuania.

APB Apranga

Market Cap: €173.1m

Engages in the retail trade of apparel in the Baltic countries.

AB East West Agro

Market Cap: €15.7m

Engages in the wholesale and retail of agricultural machinery and related spare parts in Lithuania.

City Service

Market Cap: €188.1m

Provides facility management and integrated utility services in Lithuania and Latvia.

Telia Lietuva

Market Cap: €1.0b

Provides telecommunications, information technology (IT), and television (TV) services to business and residential customers in the Republic of Lithuania, Sweden, Norway, Finland, Estonia, and Latvia.

Vilniaus Baldai

Market Cap: €40.8m

Designs, produces, and sells light storage flat-pack furniture in Lithuania and internationally.

AB KN Energies

Market Cap: €127.8m

Provides liquid energy product terminals, transshipment services, and other related services in Lithuania, Brazil, Germany, and internationally.

AB Vilkyskiu pienine

Market Cap: €132.6m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

AB Artea bankas

Market Cap: €559.9m

Provides commercial banking products and services to private and corporate customers in Lithuania.