Italian Undervalued over 20% based on DCF

Enervit

Market Cap: €77.1m

Engages in the research, development, production, and marketing of food and supplements in Italy.

Elica

Market Cap: €71.4m

Designs, manufactures, and sells kitchen aspiration systems in Europe, the Middle East, Africa, the United States, Asia, and internationally.

Mare Group

Market Cap: €66.9m

Provides digital engineering services in Italy and Europe.

SIT

Market Cap: €66.3m

Provides smart solutions for climate control and consumption measurement in Italy and internationally.

Iniziative Bresciane

Market Cap: €63.7m

Engages in the design, construction, and management of medium and small-sized hydroelectric plants in Italy.

Technical Publications Service

Market Cap: €54.6m

Engages in the provision of engineering and digital services in Italy, EU Countries, and internationally.

CULTI Milano

Market Cap: €50.7m

Designs, produces, and sells room diffusers, refills, and scented cushions in Asia, Europe, Italy, the Middle East, America, Africa, Australia, and internationally.

Valtecne

Market Cap: €48.6m

Manufactures and sells precision mechanical components in Italy.

Cellularline

Market Cap: €47.7m

Manufactures and sells accessories for smartphones and tablets in Italy, Spain, Portugal, Germany, Eastern Europe, Switzerland, Benelux, Northern Europe, France, Great Britain, the Middle East, North America, and internationally.

Doxee

Market Cap: €47.4m

A high-tech company, provides services for customer communications management (CCM), paperless, and digital customer experience markets.

Class Editori

Market Cap: €46.8m

Engages in publishing business in Italy.

Svas Biosana

Market Cap: €45.6m

SVAS Biosana S.p.A. engages in the production and marketing of medical devices worldwide.

DBA Group

Market Cap: €38.3m

Provides consultancy, architecture, engineering, and project management services.

Metriks AI. Società Benefit

Market Cap: €34.5m

Develops Service as a Software platform that helps companies and organizations to make strategic decisions, optimize performance, and transform data into value.

EdiliziAcrobatica

Market Cap: €33.2m

Engages in outdoor construction works in Italy, France, Spain, Monaco, and the United Arab Emirates.

Maps

Market Cap: €32.7m

A software solution provider, designs and develops technological solutions to support decision-making processes in public and private businesses and organizations.

Risanamento

Market Cap: €30.1m

A property and development company in Italy.

Casta Diva Group

Market Cap: €28.8m

Operates as a communication company in Italy and internationally.

E.T.S.. Engineering and Technical Services

Market Cap: €27.4m

Provides integrated engineering services in various phases of the project.

Energy Time

Market Cap: €26.6m

Operates as an engineering, procurement, and construction company.

Reti

Market Cap: €18.8m

Engages in the provision of system integration services in Italy.

TradeLab

Market Cap: €18.0m

Provides business analytics and consulting services that supports the decision-making processes of clients in various sectors integrating sector expertise with proprietary digital platforms.

Vimi Fasteners

Market Cap: €17.9m

Manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy and internationally.

Poligrafici Printing

Market Cap: €14.5m

Engages in printing business in Italy.

Notorious Pictures

Market Cap: €13.8m

Engages in the acquisition and production of cinematographic works in Italy.

Frendy Energy

Market Cap: €12.7m

Engages in the production of electricity through mini-hydroelectric power plants in Italy.

Telesia

Market Cap: €8.9m

Operates in the digital media and multimedia sector in Italy.

ELSA Solutions

Market Cap: €8.3m

Provides products and solutions for automation and motion control in Italy.

VNE

Market Cap: €7.8m

Provides technology and devices for the management of banknotes, coins, and payments and transactions through cash and cashless systems in Italy.

Deodato.Gallery

Market Cap: €7.3m

Operates in the contemporary art market with a focus on the street art and pop art segment in Italy and internationally.

TMP Group

Market Cap: €6.8m

Engages in the digital marketing and communication activities through multi-channel data driven strategies in Italy, the European Union, and non-European Union countries.

Finanza.tech

Market Cap: €3.6m

A fintech company, provides financial advisory services in Italy.

CrowdFundMe

Market Cap: €1.7m

Operates a crowdfunding portal for companies and investor to raise funding.