Austrian Undervalued based on future growth

Raiffeisen Bank International

Market Cap: €12.3b

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

Voestalpine

Market Cap: €6.5b

Processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally.

Wienerberger

Market Cap: €2.4b

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: €2.0b

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

Mayr-Melnhof Karton

Market Cap: €1.6b

Manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally.

Palfinger

Market Cap: €1.3b

Provides hydraulic lifting solutions in Austria and internationally.

SBO

Market Cap: €542.1m

Manufactures and sells steel products worldwide.

Rosenbauer International

Market Cap: €489.6m

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

Zumtobel Group

Market Cap: €169.6m

Operates in the lighting industry worldwide.

Polytec Holding

Market Cap: €76.3m

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

Kapsch TrafficCom

Market Cap: €74.4m

Provides intelligent transportation systems technologies, solutions, and services in Austria, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas.