Companies which are undervalued more than 20% based on the Discounted Cash Flow valuation.

Analysts Target

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield	Industry
SAN	€12.55	-2.7%	50.9%	€182.3b	€13.14	1.7	15.7%	2.0%	Banks
BBVA	€24.82	-0.5%	50.8%	€137.1b	€22.99	2.3	7.0%	3.7%	Banks
CABK	€12.98	0.08%	47.6%	€90.3b	€12.76	2.3	12.7%	3.9%	Banks
REP	€27.99	4.5%	101.3%	€30.1b	€27.63	8.8	-6.3%	3.9%	Energy
TEF	€3.62	-1.7%	-22.1%	€20.4b	€3.96	0.6	62.7%	8.3%	Telecom
SAB	€3.68	1.0%	7.6%	€18.0b	€3.41	1.5	15.3%	7.2%	Banks
BKT	€16.66	-0.6%	26.0%	€15.0b	€16.31	2.2	8.1%	3.6%	Banks
MAP	€4.36	-1.8%	13.8%	€13.4b	€4.19	11.3	4.8%	4.1%	Insurance
LOG	€36.34	0.6%	25.1%	€4.8b	€32.54	17.3	5.3%	5.5%	Transportation
ACX New	€17.15	-5.2%	58.8%	€4.3b	€18.02	79.0	34.0%	3.6%	Materials
FDR	€19.44	-0.6%	-21.7%	€3.7b	€26.20	22.2	19.1%	3.3%	Capital Goods
VID	€90.00	1.6%	-1.0%	€3.2b	€103.79	17.1	11.3%	1.9%	Materials
CIE	€26.10	-0.4%	-3.7%	€3.1b	€35.97	9.1	8.3%	3.6%	Automobiles
ROVI	€59.80	3.2%	3.5%	€3.1b	€74.36	16.5	12.2%	1.6%	Pharmaceuticals & Biotech
VIS	€57.10	0.7%	-5.1%	€2.6b	€70.00	16.1	8.5%	3.9%	Food, Beverage & Tobacco
ALM New	€10.46	-0.2%	-6.6%	€2.3b	€14.30	38.5	25.6%	1.8%	Pharmaceuticals & Biotech
HBX	€7.75	-1.6%	-0.3%	€1.9b	€11.85	10.1	11.8%	1.0%	Consumer Services
GEST	€2.93	-2.5%	-17.2%	€1.7b	€3.45	8.9	15.0%	2.7%	Automobiles
RLIA	€1.02	-2.4%	7.3%	€1.5b	€1.27	9.8	n/a	0%	Real Estate Management and Development
HOME	€15.71	0.3%	-11.1%	€1.5b	€19.76	11.5	9.9%	16.4%	Consumer Durables
LDA	€1.33	0.9%	-2.5%	€1.4b	€1.45	15.4	9.6%	2.1%	Insurance
FAE	€4.57	1.1%	7.4%	€1.4b	€5.36	16.9	16.0%	2.8%	Pharmaceuticals & Biotech
PRS	€2.83	-4.7%	-18.2%	€381.6m	€4.22	0.4	75.1%	n/a	Media
TUB	€2.97	-3.7%	-20.5%	€363.1m	€4.14	0.5	82.9%	6.9%	Materials

Undervalued over 20% based on DCF