Portuguese Low Leverage High Rewards

Sonae SGPS

Market Cap: €3.6b

Engages in retail, real estate, telecommunications, technology, and financial services businesses in Portugal and internationally.

Toyota Caetano Portugal

Market Cap: €243.3m

Imports, assembles, and commercializes light and heavy vehicles.

Corticeira Amorim S.G.P.S

Market Cap: €844.6m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.

Ibersol S.G.P.S

Market Cap: €436.0m

Through its subsidiaries, operates a network of restaurants in Portugal, Spain, and Angola.

Jerónimo Martins SGPS

Market Cap: €12.7b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.