Australian Undervalued over 20% based on DCF

Ansell

Market Cap: AU$4.2b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Viva Energy Group

Market Cap: AU$4.1b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

nib holdings

Market Cap: AU$3.2b

Engages in the underwriting and distribution of private health, life, and living insurance to residents, international students, and visitors in Australia and New Zealand.

AUB Group

Market Cap: AU$3.2b

Engages in the insurance broking and underwriting agency businesses in Australia, the United States, the United Kingdom, Rest of Europe, New Zealand, and internationally.

Insignia Financial

Market Cap: AU$3.2b

Provides financial advice, superannuation, wrap platforms and asset management services to members, financial advisers and corporate employers in Australia.

Super Retail Group

Market Cap: AU$2.8b

Engages in the retail of auto, sports, and outdoor leisure products in Australia and New Zealand.

Region Group

Market Cap: AU$2.6b

An internally managed real estate investment trust (REIT) with 87 convenience-based retail properties, valued at $4,374 million.

Lovisa Holdings

Market Cap: AU$2.6b

Engages in the retail sale of fashion jewelry and accessories.

HomeCo Daily Needs REIT

Market Cap: AU$2.6b

An Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services.

Charter Hall Long WALE REIT

Market Cap: AU$2.5b

An Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases.

Reliance Worldwide

Market Cap: AU$2.4b

Engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for the plumbing and heating industries.

Tabcorp Holdings

Market Cap: AU$2.2b

Provides gambling, and entertainment and integrity services in Australia.

Premier Investments

Market Cap: AU$2.1b

Operates various specialty retail fashion chains in Australia, New Zealand, Asia, and Europe.

Macmahon Holdings

Market Cap: AU$1.8b

Provides surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia.

Perpetual

Market Cap: AU$1.8b

A publicly owned investment manager.

Magellan Financial Group

Market Cap: AU$1.8b

A publicly owned investment manager.

SRG Global

Market Cap: AU$1.7b

Engages in engineering, mining, maintenance and construction contracting in Australia and New Zealand.

Domino's Pizza Enterprises

Market Cap: AU$1.7b

Operates retail food outlets.

Judo Capital Holdings

Market Cap: AU$1.7b

Through its subsidiaries, engages in the provision of various banking products and services for small and medium businesses in Australia.

Superloop

Market Cap: AU$1.7b

Operates as a telecommunications and internet service provider in Australia.

Growthpoint Properties Australia

Market Cap: AU$1.6b

Growthpoint Properties Australia vision is to create sustainable value in everything we do, by being the forward-thinking, trusted partner of choice.

Waypoint REIT

Market Cap: AU$1.6b

Waypoint REIT is Australia’s largest listed REIT owning solely fuel and convenience retail properties; it has a high-quality network across all Australian States and mainland Territories.

MAAS Group Holdings

Market Cap: AU$1.6b

Together with subsidiaries, engages in the provision of construction materials to the civil infrastructure, renewable energy, building and construction, and mining sectors.

Arena REIT

Market Cap: AU$1.4b

An ASX200 listed property group that develops, owns and manages social infrastructure properties across Australia.

Iress

Market Cap: AU$1.3b

Engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, South Africa, and North America.

Tasmea

Market Cap: AU$1.3b

Provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia.

Service Stream

Market Cap: AU$1.2b

Engages in the design, construction, operation, and maintenance of infrastructure networks across the telecommunications, utilities, and transport sectors in Australia.

United Overseas Australia

Market Cap: AU$1.2b

Engages in the development and resale of land and buildings in Malaysia, Singapore, Vietnam, and Australia.

Smartgroup

Market Cap: AU$1.2b

Provides employee management services in Australia.

Collins Foods

Market Cap: AU$1.0b

Engages in the operation, management, and administration of restaurants in Australia and Europe.

Cromwell Property Group

Market Cap: AU$1.0b

A real estate investment manager with 4.2 billion US dolars of assets under management in Australia and New Zealand on 30 June 2025.

Navigator Global Investments

Market Cap: AU$1.0b

HFA Holdings Limited operates as a fund management company in Australia.

DigiCo Infrastructure REIT

Market Cap: AU$1.0b

DigiCo Infrastructure REIT (DGT) is a diversified owner, operator and developer of data centres, with a global portfolio and broad investment mandate across Stabilised, Value-add and Development opportunities.

Web Travel Group

Market Cap: AU$972.0m

Provides online travel booking services in Australia, the United Arab Emirates, the United Kingdom, and internationally.

Charter Hall Social Infrastructure REIT

Market Cap: AU$964.9m

Charter Hall Social Infrastructure REIT is the largest Australian ASX-listed real estate investment trust (A-REIT) that invests in social infrastructure properties.

HMC Capital

Market Cap: AU$956.6m

Owns and manages real estate focused funds in Australia.