Mexican Potentially Undervalued Companies

Fairfax Financial Holdings

Market Cap: Mex$24.7b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, the Middle East, Asia, and internationally.

Sprout Social

Market Cap: Mex$2.9b

Designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Gaming and Leisure Properties

Market Cap: Mex$13.4b

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

Maximus

Market Cap: Mex$3.8b

Operates as a provider of government services worldwide.

Ono Pharmaceutical

Market Cap: Mex$1.3t

Engages in production, purchase, and sale of pharmaceuticals and diagnostic reagents worldwide.

Sonova Holding

Market Cap: Mex$15.1b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Tourmaline Oil

Market Cap: Mex$23.0b

Engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin.

Fresenius SE KGaA

Market Cap: Mex$23.8b

A health care company, provides products and services for chronically ill patients.

Ovintiv

Market Cap: Mex$10.4b

Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America.

Telefônica Brasil

Market Cap: Mex$83.4b

Operates as a mobile telecommunications company in Brazil.

Marathon Petroleum

Market Cap: Mex$48.9b

Operates as an integrated downstream energy company in the United States.

ANTA Sports Products

Market Cap: Mex$265.4b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Revvity

Market Cap: Mex$9.8b

Provides health sciences solutions, technologies, and services.

Advance Auto Parts

Market Cap: Mex$3.7b

Engages in the provision of automotive aftermarket parts in the United States and internationally.

Puig Brands

Market Cap: Mex$8.0b

Operates in the beauty and fashion industry in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Komatsu

Market Cap: Mex$4.8t

Manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

New Oriental Education & Technology Group

Market Cap: Mex$8.3b

New Oriental Education & Technology Group Inc.

Itron

Market Cap: Mex$5.6b

A technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide.

International Seaways

Market Cap: Mex$2.3b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

Logista Integral

Market Cap: Mex$3.7b

Through its subsidiaries, operates as a distributor and logistics operator in Spain, France, Italy, Portugal, and Poland.

Perimeter Solutions

Market Cap: Mex$3.2b

Manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally.

Helios Towers

Market Cap: Mex$1.5b

An independent tower company, acquires, builds, and operates telecommunications towers.

Tubacex

Market Cap: Mex$442.1m

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

BYD

Market Cap: Mex$1.0t

Engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

Thermo Fisher Scientific

Market Cap: Mex$176.7b

Provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally.

SentinelOne

Market Cap: Mex$6.1b

Operates as a cybersecurity provider in the United States and internationally.

Airbnb

Market Cap: Mex$74.5b

Operates a platform that enables hosts to offer stays and experiences to guests worldwide.

Financiera Independencia. de SOFOM E.N.R

Market Cap: Mex$2.7b

A non-bank entity, offers micro-lending services in Mexico and the United States.

Copart

Market Cap: Mex$43.9b

Provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain.

Bristol-Myers Squibb

Market Cap: Mex$88.4b

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

Cydsa. de

Market Cap: Mex$9.0b

Together its subsidiaries, produces and markets salt, chlorine, caustic soda, and refrigerant gases, electricity and steam cogeneration, and underground storage of hydrocarbons in Mexico, the United States, Canada, Central and South America, Asia, and Europe.

B2Gold

Market Cap: Mex$8.9b

Operates as a gold producer company in Canada.

Cellnex Telecom

Market Cap: Mex$19.3b

Engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.

Zoom Communications

Market Cap: Mex$25.1b

Provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Siemens

Market Cap: Mex$173.6b

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.

Synchrony Financial

Market Cap: Mex$27.6b

Operates as a consumer financial services company in the United States.