Spanish Automobiles Undervalued over 20% based on DCF

CIE Automotive

Market Cap: €3.4b

Manufactures and sells automotive parts and components in North America, Brazil, Asia, CIE Forging Europe, and rest of Europe.

Gestamp Automoción

Market Cap: €1.8b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

EBRO EV Motors

Market Cap: €528.1m

Engages in research and development, manufacturing, and sales of electric vehicles under the EBRO brand in Spain.

Lingotes Especiales

Market Cap: €52.6m

Together with its subsidiary, Frenos y Conjuntos, engages in the design, development, casting, machining, and assembly of grey and spheroidal iron parts in rest of Europe, Africa, and internationally.