Austrian Undervalued based on future growth

Raiffeisen Bank International

Market Cap: €14.0b

Offers banking services to corporate, private, and institutional customers.

Wienerberger

Market Cap: €3.0b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

AT & S Austria Technologie & Systemtechnik

Market Cap: €1.5b

Manufactures, distributes, and sells printed circuit boards in Austria, Germany, rest of Europe, China, rest of Asia, and the Americas.

Palfinger

Market Cap: €1.4b

Produces and sells crane and lifting solutions in Austria and internationally.

AMAG Austria Metall

Market Cap: €920.4m

Engages in the production, processing, and sale of aluminum, aluminum semi-finished, and cast products in Austria, Europe, North America, and internationally.

SBO

Market Cap: €499.6m

Manufactures and sells steel products worldwide.

Addiko Bank

Market Cap: €491.8m

Provides various banking products and services in Croatia, Slovenia, Serbia, Bosnia and Herzegovina, Montenegro, Austria, and Germany.

Rosenbauer International

Market Cap: €484.5m

Engages in the provision of systems for preventive firefighting and disaster protection technology worldwide.

Zumtobel Group

Market Cap: €151.6m

Operates in the lighting industry worldwide.

Polytec Holding

Market Cap: €90.8m

Develops, manufactures, and sells plastic solutions for passenger cars and light commercial vehicles, commercial vehicles, and smart plastic and industrial applications.