Australian Undervalued over 20% based on DCF

CSL

Market Cap: AU$66.8b

Engages in the research, development, manufacture, market, and distribution of biopharmaceutical products and vaccines in Australia, the United States, Germany, the United Kingdom, Switzerland, China, Hong Kong, and internationally.

Transurban Group

Market Cap: AU$42.7b

Engages in the development, operation, management, and maintenance of toll road networks in Australia and North America.

Northern Star Resources

Market Cap: AU$35.0b

Engages in the exploration, development, mining, and processing of gold deposits.

Brambles

Market Cap: AU$31.4b

Operates as a supply-chain logistics company.

Aristocrat Leisure

Market Cap: AU$28.8b

Operates as a gaming content and technology company in Australia and internationally.

Origin Energy

Market Cap: AU$21.3b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Scentre Group

Market Cap: AU$18.4b

Owns 42 Westfield destinations across Australia and New Zealand encompassing 12,000 outlets.

Suncorp Group

Market Cap: AU$17.3b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

SGH

Market Cap: AU$17.2b

Engages in the heavy equipment sales and service, equipment hire, construction materials, media, broadcasting, and energy assets businesses.

Computershare

Market Cap: AU$16.9b

Provides issuer, corporate trust, employee share plans and voucher, communication and utilities, technology and operations, and mortgage and property rental services.

Insurance Australia Group

Market Cap: AU$16.9b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

James Hardie Industries

Market Cap: AU$16.9b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

WiseTech Global

Market Cap: AU$12.5b

Engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

BlueScope Steel

Market Cap: AU$12.5b

Engages in the production and marketing of metal-coated and painted steel building products in Australia, New Zealand, Asia, and North America.

Medibank Private

Market Cap: AU$12.4b

Provides private health insurance in Australia.

Mineral Resources

Market Cap: AU$11.4b

Together with subsidiaries, provides mining services in Australia, Asia, and internationally.

Stockland

Market Cap: AU$10.0b

A leading creator and curator of connected communities with people at the heart of the places we create.

Light & Wonder

Market Cap: AU$9.7b

Operates as a cross-platform games company in the United States and internationally.

Ramsay Health Care

Market Cap: AU$9.1b

Owns and operates hospitals in Australia and internationally.

GPT Group

Market Cap: AU$8.9b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

TPG Telecom

Market Cap: AU$8.3b

Provides telecommunications services to consumer, business, enterprise, and government and wholesale customers in Australia.

JB Hi-Fi

Market Cap: AU$8.2b

JB Hi-Fi Limited retails home consumer products.

Sandfire Resources

Market Cap: AU$8.2b

A mining company, explores for, evaluates, and develops mineral tenements and projects.

Mirvac Group

Market Cap: AU$6.8b

An Australian Securities Exchange (ASX) listed company, with an integrated asset creation and curation capability.

Eagers Automotive

Market Cap: AU$6.6b

Owns and operates motor vehicle dealerships in Australia and New Zealand.

IGO

Market Cap: AU$6.2b

IGO Limited, together with its subsidiaries, discovers, develops, and delivers battery minerals in Australia.

Worley

Market Cap: AU$5.9b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Harvey Norman Holdings

Market Cap: AU$5.9b

Engages in the integrated retail, franchise, property, and digital system businesses.

Endeavour Group

Market Cap: AU$5.8b

Engages in the retail drinks and hospitality businesses in Australia.

Challenger

Market Cap: AU$5.6b

A publicly owned investment manager.

Cleanaway Waste Management

Market Cap: AU$5.3b

Provides waste management, industrial, and environmental services in Australia.

SEEK

Market Cap: AU$5.2b

Provides online employment marketplace services in Australia, New Zealand, Southeast Asia, Hong Kong, the United Kingdom, Europe, and internationally.

Telix Pharmaceuticals

Market Cap: AU$5.0b

A commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals.

Steadfast Group

Market Cap: AU$4.7b

Provides general insurance brokerage services Australasia, Asia, and Europe.

New Hope

Market Cap: AU$4.4b

Engages in the development and operation of coal mines.

Ventia Services Group

Market Cap: AU$4.3b

Provides infrastructure services in Australia and New Zealand.