Spanish Undervalued based on future growth

Grifols

Market Cap: €6.7b

Operates as a plasma therapeutic company in Spain, the United States, Canada, 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.

Prosegur Cash

Market Cap: €918.6m

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.

Tubacex

Market Cap: €399.8m

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

Laboratorio Reig Jofre

Market Cap: €206.7m

A pharmaceutical company, engages in the research, development, manufacture, and marketing of pharmaceutical products, raw materials, biotechnological products, nutritional supplements, health products, medical devices, cosmetics, parapharmacy, food, and animal food.

General de Alquiler de Maquinaria

Market Cap: €148.4m

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

Alquiber Quality

Market Cap: €67.0m

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

Libertas 7

Market Cap: €63.6m

Engages in the real estate and investment businesses in Spain.

Adolfo Domínguez

Market Cap: €44.8m

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: €31.8m

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