Mexican Materials Potentially Undervalued Companies

Vidrala

Market Cap: Mex$3.0b

Manufactures and sells glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Orbia Advance Corporation. de

Market Cap: Mex$35.4b

Orbia Advance Corporation, S.A.B. de C.V.

GCC. de

Market Cap: Mex$55.9b

Through its subsidiaries, produces, markets, and distributes cement, aggregates, ready-mix concrete, and other materials for the construction industry in Mexico and the United States.

ALPEK. de

Market Cap: Mex$21.1b

Alpek, S.A.B. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico and internationally.

Fortescue

Market Cap: Mex$46.1b

Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Navigator Company

Market Cap: Mex$2.3b

Manufactures and markets pulp and paper products worldwide.

Celanese

Market Cap: Mex$5.0b

A chemical and specialty materials company, manufactures and sells engineered polymers worldwide.

Companhia Siderúrgica Nacional

Market Cap: Mex$10.8b

Operates as an integrated steel producer in Brazil and Latin America.

Arkema

Market Cap: Mex$7.7b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

Corporación Moctezuma. de

Market Cap: Mex$76.5b

Engages in the production, distribution, and sale of Portland cement, mortar, white cement, ready-mixed concrete and aggregates in Mexico.

Inmocemento

Market Cap: Mex$1.6b

Inmocemento S.A., through its subsidiaries, engages in the real estate and cement businesses.

Sealed Air

Market Cap: Mex$4.5b

Provides packaging solutions in the United States and internationally, Europe, the Middle East, Africa, and Asia Pacific.

O-I Glass

Market Cap: Mex$1.8b

Through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally.

Methanex

Market Cap: Mex$4.3b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Vitro. de

Market Cap: Mex$2.6b

Through its subsidiaries, manufactures, processes, distributes, and sells glass products worldwide.

Alcoa

Market Cap: Mex$8.8b

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.

CEMEX. de

Market Cap: Mex$241.6b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Sylvamo

Market Cap: Mex$1.8b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Braskem

Market Cap: Mex$5.9b

Engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil.

Ternium

Market Cap: Mex$6.9b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Eastman Chemical

Market Cap: Mex$7.4b

Operates as a specialty materials company in the United States, China, and internationally.

Avery Dennison

Market Cap: Mex$16.5b

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.

OceanaGold

Market Cap: Mex$7.1b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Rio Tinto Group

Market Cap: Mex$83.9b

Engages in exploring, mining, and processing mineral resources worldwide.

DuPont de Nemours

Market Cap: Mex$32.8b

Provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Holcim

Market Cap: Mex$37.5b

Provides building materials and solutions worldwide.

International Paper

Market Cap: Mex$24.4b

Produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.

Grupo México. de

Market Cap: Mex$1.2t

Engages in copper production, cargo transportation, and infrastructure businesses worldwide.

Sibanye Stillwater

Market Cap: Mex$137.1b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Verallia Société Anonyme

Market Cap: Mex$3.3b

Manufactures and sells glass packaging products for beverages and food products worldwide.

Mosaic

Market Cap: Mex$10.7b

Through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients.

Harmony Gold Mining

Market Cap: Mex$197.7b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia.

Gerdau

Market Cap: Mex$32.7b

Operates as a steel producer company.

Cleveland-Cliffs

Market Cap: Mex$6.3b

Operates as a flat-rolled steel producer in the United States, Canada, and internationally.

Crown Holdings

Market Cap: Mex$10.1b

Engages in the packaging business in the United States and internationally.

Tubacex

Market Cap: Mex$444.6m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.