Portuguese Materials Potentially Undervalued Companies

Navigator Company

Market Cap: €2.4b

Manufactures and markets pulp and paper products worldwide.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.9b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Corticeira Amorim S.G.P.S

Market Cap: €919.0m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.