Brazilian Undervalued based on future growth

Armac Locação Logística e Serviços

Market Cap: R$1.7b

Engages in leasing machines, equipment, and services in Brazil.

Trisul

Market Cap: R$1.7b

Engages in the construction and development of real estate properties in Brazil.

Iochpe-Maxion

Market Cap: R$1.7b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Ser Educacional

Market Cap: R$1.6b

Operates on-campus and distance-learning undergraduate, graduate, and professional training courses and other education-related areas in Brazil.

Wiz Co Participações e Corretagem de Seguros

Market Cap: R$1.6b

Wiz Co Participações e Corretagem de Seguros S.A.

Even Construtora e Incorporadora

Market Cap: R$1.6b

Operates as a real estate developer and builder in Brazil.

Brisanet Serviços de Telecomunicações

Market Cap: R$1.5b

Brisanet Serviços de Telecomunicações S.A.

Boa Safra Sementes

Market Cap: R$1.2b

Produces and sells soybean seeds in Brazil.

Vittia

Market Cap: R$677.0m

Provides fertilizers in Brazil and internationally.

Veste Estilo

Market Cap: R$419.6m

Veste S.A. Estilo manufacture and sells clothing and clothing accessories in Brazil.

Mitre Realty Empreendimentos e Participações

Market Cap: R$418.9m

Develops, constructs, and sells residential and commercial real estate properties for middle-class and upper middle-class customers in Brazil.

Helbor Empreendimentos

Market Cap: R$364.9m

Engages in the real estate development business in Brazil.