Mexican Potentially Undervalued Companies

Stabilus

Market Cap: Mex$617.5m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

China Mobile

Market Cap: Mex$2.0t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Incyte

Market Cap: Mex$13.1b

A biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics in the United States, Europe, Canada, and Japan.

Tenaris

Market Cap: Mex$16.3b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

GSK

Market Cap: Mex$60.6b

Engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally.

Convertidora Industrial. de

Market Cap: Mex$136.3m

Engages in the production and conversion of plastic films for use as flexible packaging in Mexico and internationally.

Novartis

Market Cap: Mex$188.2b

Engages in the research, development, manufacture, distribution, marketing, and sale of pharmaceutical medicines in Switzerland and internationally.

Teladoc Health

Market Cap: Mex$1.2b

Provides virtual healthcare services worldwide.

TotalEnergies

Market Cap: Mex$115.6b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Macy's

Market Cap: Mex$3.1b

An omni-channel retail organization, operates stores, websites, and mobile applications in the United States.

Regeneron Pharmaceuticals

Market Cap: Mex$51.2b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Petróleo Brasileiro - Petrobras

Market Cap: Mex$393.3b

Explores, produces, and sells oil and gas in Brazil and internationally.

Match Group

Market Cap: Mex$7.6b

Engages in the provision of digital technologies.

Companhia Siderúrgica Nacional

Market Cap: Mex$11.0b

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

Dropbox

Market Cap: Mex$8.2b

Provides a content collaboration platform in the United States and internationally.

CIE Automotive

Market Cap: Mex$2.9b

Designs, manufactures, and sells automotive components and sub-assemblies.

Whirlpool

Market Cap: Mex$4.5b

Manufactures and markets home appliances and related products and services in the North America, Latin America, Asia, and internationally.

Organon

Market Cap: Mex$2.5b

Develops and delivers health solutions through prescription therapies and medical devices in the United States, Europe, Canada, Japan, rest of the Asia Pacific, Latin America, the Middle East, Russia, Africa, and internationally.

Weibo

Market Cap: Mex$2.3b

Through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China.

Marriott Vacations Worldwide

Market Cap: Mex$2.3b

A vacation company, engages in the vacation ownership, exchange, rental, and resort and property management businesses in the United States and internationally.

Celanese

Market Cap: Mex$6.0b

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

International Consolidated Airlines Group

Market Cap: Mex$15.7b

Engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally.

Mercedes-Benz Group

Market Cap: Mex$49.6b

Operates as an automotive company in Germany and internationally.

JetBlue Airways

Market Cap: Mex$1.8b

Provides air transportation services.

Pfizer

Market Cap: Mex$133.0b

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States and internationally.

Petróleo Brasileiro - Petrobras

Market Cap: Mex$393.3b

Explores, produces, and sells oil and gas in Brazil and internationally.

FedEx

Market Cap: Mex$52.4b

Provides transportation, e-commerce, and business services in the United States and internationally.

JD.com

Market Cap: Mex$48.0b

Operates as a supply chain-based technology and service provider in the People’s Republic of China.

Johnson & Johnson

Market Cap: Mex$368.7b

Engages in the research and development, manufacture, and sale of various products in the healthcare field worldwide.

Bumble

Market Cap: Mex$790.9m

Provides online dating and social networking applications in North America, Europe, internationally.

Médica Sur. de

Market Cap: Mex$4.9b

Operates as a healthcare hospital in Mexico.

ZimVie

Market Cap: Mex$186.2m

Develops, manufactures, and markets a portfolio of products and solutions designed to support dental tooth replacement and restoration procedures worldwide.

IAC

Market Cap: Mex$2.6b

Operates as a media and internet company worldwide.

Compagnie Générale des Établissements Michelin Société en commandite par actions

Market Cap: Mex$24.4b

Engages in the manufacture and sale of tires worldwide.

Renesas Electronics

Market Cap: Mex$3.6t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Nexans

Market Cap: Mex$4.1b

Manufactures and sells cables in France, Canada, Norway, Germany, and internationally.