Australian Undervalued over 20% based on DCF

MFF Capital Investments

Market Cap: AU$2.7b

An investment firm manager.

Regis Healthcare

Market Cap: AU$2.6b

Engages in the provision of residential aged care services in Australia.

Charter Hall Retail REIT

Market Cap: AU$2.3b

Charter Hall Retail REIT is the leading owner of property for convenience retailers.

Growthpoint Properties Australia

Market Cap: AU$1.9b

Since 2009, we’ve been investing in high-quality Australian real estate.

DigiCo Infrastructure REIT

Market Cap: AU$1.8b

DigiCo Infrastructure REIT is headquartered in Sydney, New South Wales, Australia.

Domino's Pizza Enterprises

Market Cap: AU$1.8b

Operates retail food outlets.

Judo Capital Holdings

Market Cap: AU$1.8b

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.

Waypoint REIT

Market Cap: AU$1.7b

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.

Web Travel Group

Market Cap: AU$1.6b

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

Bega Cheese

Market Cap: AU$1.6b

Bega Cheese Limited receives, processes, manufactures, and distributes dairy and other food-related products in Australia.

HMC Capital

Market Cap: AU$1.5b

Owns and manages real estate focused funds in Australia.

Arena REIT

Market Cap: AU$1.5b

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

Amotiv

Market Cap: AU$1.2b

Through its subsidiaries, manufactures, imports, distributes, and sells automotive products in Australia, New Zealand, Thailand, South Korea, France, and the United States.

Nanosonics

Market Cap: AU$1.2b

Operates as an infection prevention company globally.

Cromwell Property Group

Market Cap: AU$1.1b

Cromwell Property Group (ASX: CMW) is a real estate investor and manager with $4.5 billion of assets under management in Australia and New Zealand.

Johns Lyng Group

Market Cap: AU$1.1b

Provides integrated building services in Australia, New Zealand, and the United States.

Collins Foods

Market Cap: AU$1.1b

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

Abacus Group

Market Cap: AU$1.1b

A strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value.

Smartgroup

Market Cap: AU$1.0b

Provides employee management services in Australia.

Regal Partners

Market Cap: AU$1.0b

A privately owned hedge fund sponsor.

Navigator Global Investments

Market Cap: AU$950.8m

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

Dexus Industria REIT

Market Cap: AU$897.9m

Dexus Industria REIT (ASX code: DXI) is a listed Australian real estate investment trust which is primarily invested in high-quality industrial warehouses.

Nuix

Market Cap: AU$790.5m

Provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

PWR Holdings

Market Cap: AU$779.4m

Engages in the design, prototyping, production, testing, validation, and sale of cooling products and solutions in Australia, the United States, the United Kingdom, Italy, Germany, France, Japan, and internationally.

Centuria Office REIT

Market Cap: AU$758.6m

COF is Australia’s largest ASX listed pure play office REIT and is included in the S&P/ASX300 Index.

Rural Funds Group

Market Cap: AU$707.3m

An agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF.

GWA Group

Market Cap: AU$665.7m

Researches, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, and internationally.

Jumbo Interactive

Market Cap: AU$640.4m

Engages in the retail of lottery tickets through internet and mobile devices in Australia, the United Kingdom, Canada, Fiji, and internationally.

FleetPartners Group

Market Cap: AU$585.0m

Provides fleet management services in Australia and New Zealand.

Kelly Partners Group Holdings

Market Cap: AU$502.6m

Provides chartered accounting and other professional services to private businesses and high net worth individuals in Australia and internationally.

Southern Cross Electrical Engineering

Market Cap: AU$465.4m

Provides electrical, instrumentation, communications, security, and maintenance services and products to resources, commercial, and infrastructure sectors in Australia.

Carindale Property Trust

Market Cap: AU$415.3m

Westfield Carindale is situated in an affluent quarter of Brisbane’s south eastern suburbs approximately 12 kilometres from the CBD.

Dexus Convenience Retail REIT

Market Cap: AU$411.9m

Dexus Convenience Retail REIT (ASX code: DXC) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets.

PointsBet Holdings

Market Cap: AU$410.9m

Provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia.