Spanish Undervalued based on future growth

Grifols

Market Cap: €5.7b

Engages in the research, development, production, and marketing of plasma-derived medicines in the United States, Canada, Spain, Europe, and internationally.

Gestamp Automoción

Market Cap: €1.7b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

Pharma Mar

Market Cap: €1.6b

A biopharmaceutical company, focuses on the research, development, production, and commercialization of bio-active principles for the use in oncology in Spain, Germany, Ireland, France, Switzerland, rest of the European Union, the United States, and internationally.

Cox ABG Group

Market Cap: €826.6m

Operates as an integrated utility of water and energy company in South America, Mexico, Europe, Africa, Spain, Latin America, and internationally.

Global Dominion Access

Market Cap: €472.4m

Engages in the provision of integral services for business process efficiency and sustainability worldwide.

General de Alquiler de Maquinaria

Market Cap: €130.4m

Primarily engages in the equipment rental business in Spain, Portugal, Latam, Morocco, and internationally.

Libertas 7

Market Cap: €71.9m

Engages in the real estate and investment businesses in Spain.

Alquiber Quality

Market Cap: €64.4m

Provides leasing solutions for commercial and passenger vehicles for SMEs and large companies in Spain.

Adolfo Domínguez

Market Cap: €45.8m

Engages in the design, manufacture, acquisition, sale, marketing, retail, import, and export of ready-made garments, footwear, handbags and accessories, household linen, furniture, and decorative objects.

Labiana Health

Market Cap: €31.6m

Develops, manufactures, sells, and markets animal and human health medicine products in Spain, North America, rest of European Union, and internationally.