Italian Materials Undervalued over 20% based on DCF

Buzzi

Market Cap: €7.8b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Caltagirone

Market Cap: €1.2b

Through its subsidiaries, engages in the construction business in Italy, Denmark, Belgium, the United States, Turkey, Egypt, China, Malaysia, Australia, and internationally.

Zignago Vetro

Market Cap: €628.4m

Produces, markets, and sells glass containers in Italy, Europe, and internationally.

Franchi Umberto Marmi

Market Cap: €115.6m

Provides marble slabs and blocks in Italy and internationally.