Dutch Potentially Undervalued Companies

Cabka

Market Cap: €49.4m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

SBM Offshore

Market Cap: €6.0b

Provides floating production solutions to the offshore energy industry worldwide.

Akzo Nobel

Market Cap: €8.7b

Produces and sells paints and coatings worldwide.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

CVC Capital Partners

Market Cap: €13.5b

A private equity and venture capital firm specializing in middle market secondaries, infrastructure and credit, management buyouts, leveraged buyouts, growth equity, mature, recapitalizations, strip sales, and spinouts.

Arcadis

Market Cap: €3.0b

Engages in the design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Ferrari Group

Market Cap: €747.7m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

PostNL

Market Cap: €503.6m

Provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally.

Shell

Market Cap: €181.3b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

CSG

Market Cap: €19.3b

Manufactures and sells defence products in the Czech Republic, Europe, the United States, and the Asia Pacific.

ForFarmers

Market Cap: €565.7m

Provides feed solutions for conventional and organic livestock farming under the ForFarmers brand in the Netherlands, Germany, the United Kingdom, Poland, Belgium, and internationally.

Koninklijke Philips

Market Cap: €22.1b

Operates as a health technology company in North America, the Greater China, and internationally.

Sif Holding

Market Cap: €196.7m

Provides monopile solutions to the offshore clean energy markets in the Netherlands, the United Kingdom, the United States, Norway, Korea, Spain, Poland, Belgium, Germany, and internationally.

Koninklijke BAM Groep

Market Cap: €2.3b

Provides products and services in the construction and property and civil engineering sectors in the Netherlands, the United Kingdom, Ireland, Germany, Belgium, and internationally.

Wolters Kluwer

Market Cap: €14.1b

Provides information, software solutions, and services for professionals in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally.

HAL Trust

Market Cap: €15.6b

Operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally.

ArcelorMittal

Market Cap: €41.5b

Operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa.

Flow Traders

Market Cap: €1.3b

Operates as a financial technology-enabled multi-asset class liquidity provider in Europe, the Americas, and Asia.

Corbion

Market Cap: €1.1b

Provides lactic acid and derivatives, food preservation solutions, functional ingredient systems, and algae-derived nutritional ingredients in the Netherlands, the United States, Asia, rest of Americas, the rest of Europe, the Middle East, and Africa.

Randstad

Market Cap: €4.5b

Provides solutions in the field of work and human resources services primarily in North America, Northern Europe, Southern Europe, the United Kingdom, Latin America, and the Asia Pacific.

Aegon

Market Cap: €11.2b

Engages in the provision of insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

ING Groep

Market Cap: €75.0b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Banijay Group

Market Cap: €3.8b

Engages in the content production, distribution, online sports betting, and gaming businesses in the United States, Europe, and internationally.

Koninklijke Ahold Delhaize

Market Cap: €32.6b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Exor

Market Cap: €13.5b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, health technology, football and powertrain businesses in the Netherlands and internationally.

NEPI Rockcastle

Market Cap: €100.9b

A public limited company with registration number at the Dutch Chamber of Commerce 87488329.

Ctac

Market Cap: €42.2m

Provides IT and business consulting services in the Netherlands and Belgium.

Signify

Market Cap: €2.4b

Provides lighting products, systems, and services in Europe, the Americas, and internationally.

Koninklijke Philips

Market Cap: €22.1b

Operates as a health technology company in North America, the Greater China, and internationally.

MKB Nedsense

Market Cap: €10.2m

Engages in the financing and lending of funds to natural persons and legal entities.

Lakefront Biotherapeutics

Market Cap: €1.6b

A biotechnology company, develops medicines focusing on oncology and immunology primarily in the United States and Europe.

CM.com

Market Cap: €223.5m

Provides cloud software for conversational commerce worldwide.

Prosus

Market Cap: €91.8b

Engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Acomo

Market Cap: €766.0m

Engages in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients and solutions for the food and beverage industry in the Netherlands, Germany, other European countries, North America, and internationally.

Koninklijke Vopak

Market Cap: €5.3b

An independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide.