Global Materials Undervalued over 20% based on DCF

Nanshan Aluminium International Holdings

Market Cap: HK$30.3b

An investment holding company, engages in the production and sale of alumina in Malaysia, Hong Kong, Singapore, Indonesia, and South Korea.

Huhtamäki Oyj

Market Cap: €3.0b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Scotts Miracle-Gro

Market Cap: US$3.5b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

Avient

Market Cap: US$3.5b

Operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia.

Kemira Oyj

Market Cap: €3.0b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Solvay

Market Cap: €3.0b

Provides basic and performance chemicals worldwide.

Aperam

Market Cap: €2.9b

Produces and sells stainless steel and alloy products worldwide.

Materion

Market Cap: US$3.4b

Produces advanced engineered materials in the United States, Asia, Europe, and internationally.

Empresas CMPC

Market Cap: CL$3.0t

Engages in the production and sale of pulp and wood products in Chile and internationally.

Ero Copper

Market Cap: CA$4.5b

Engages in the exploration, development, and production of mining projects in Brazil.

Cementir Holding

Market Cap: €2.6b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Turkiye, Egypt, and the Asia Pacific.

Titan America

Market Cap: US$3.0b

Through its subsidiaries, manufactures and supplies heavy building materials and services in the United States.

Outokumpu Oyj

Market Cap: €2.5b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

HEXPOL

Market Cap: SEK 26.5b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

Graphic Packaging Holding

Market Cap: US$2.9b

Engages in the design, production, and sale of consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products in the Americas, Europe, and the Asia Pacific.

Compañía Minera Poderosa

Market Cap: S/9.7b

Engages in the exploitation, extraction, storage, and precipitation of gold in Peru.

Navigator Company

Market Cap: €2.4b

Manufactures and markets pulp and paper products worldwide.

SCG Packaging

Market Cap: ฿89.7b

Provides consumer packaging solutions in Thailand, Vietnam, Indonesia, China, and internationally.

Dongyue Group

Market Cap: HK$20.9b

An investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, liquid alkali, and other products in the People's Republic of China and internationally.

Zhejiang Jiemei Electronic And Technology

Market Cap: CN¥18.2b

Engages in the research and development, production, and sales of electronic packaging materials, electronic-grade film materials, and composite current collectors in China and internationally.

Ingevity

Market Cap: US$2.7b

Manufactures and sells activated carbon products, derivative specialty chemicals, and engineered polymers in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America.

Taiheiyo Cement

Market Cap: JP¥412.6b

Engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally.

Ashland

Market Cap: US$2.6b

Provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally.

Keppel Infrastructure Trust

Market Cap: S$3.3b

A listed business trust.

Silvercorp Metals

Market Cap: CA$3.5b

Acquires, explores, develops, and mines mineral properties in China.

Alpha Metallurgical Resources

Market Cap: US$2.5b

A mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia.

NV Bekaert

Market Cap: €2.1b

Provides steel wire transformation and coating technologies worldwide.

Malayan Cement Berhad

Market Cap: RM 9.4b

An investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, drymix, quarry, and other building materials and related products primarily in Malaysia and Singapore.

Orbia Advance Corporation. de

Market Cap: Mex$40.8b

Provides polymer solutions in the United States, Northwest Europe, Africa, the Middle East, Asia, Southwest Europe, Mexico, Brazil, Central and Eastern Europe, Colombia, Central America, Peru, Southeast Europe, Canada, Ecuador, Argentina, Chile, Israel, and internationally.

Nizhnekamskneftekhim

Market Cap: ₽142.9b

Public Joint Stock Company Nizhnekamskneftekhim produces and sells petrochemicals in Russia.

C.UyemuraLtd

Market Cap: JP¥370.5b

Engages in the research, development, manufacture, and sale of surface treatment chemicals and machinery in Japan, Taiwan, China, and internationally.

Minerals Technologies

Market Cap: US$2.3b

Develops, produces, and markets various mineral, mineral-based products and services.

DIC

Market Cap: JP¥357.5b

Manufactures and sells printing inks, organic pigments, and synthetic resins worldwide.

Soulbrain

Market Cap: ₩3.3t

Develops, manufactures, and supplies various high tech industry core materials.

FMC

Market Cap: US$2.2b

An agricultural sciences company, develops, markets, and sells crop protection chemicals in Latin America, North America, Europe, the Middle East, Africa, and Asia.

Explosive

Market Cap: CN¥14.7b

Engages in the research, development, production, and sale of civil blasting materials in China.