Spanish Undervalued based on future growth

Acerinox

Market Cap: €2.8b

Manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally.

Gestamp Automoción

Market Cap: €1.9b

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

Prosegur Cash

Market Cap: €1.0b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Global Dominion Access

Market Cap: €509.9m

Provides integral services for business process efficiency and sustainability worldwide.

Tubacex

Market Cap: €449.5m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

General de Alquiler de Maquinaria

Market Cap: €143.7m

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

Alquiber Quality

Market Cap: €67.6m

Provides industrial and commercial vehicle rental services for SMEs and large companies in Spain.

Libertas 7

Market Cap: €64.5m

Engages in the real estate and investment businesses in Spain.

CLERHP Estructuras

Market Cap: €60.6m

Engages in structural engineering and construction activities in Spain and internationally.