German Undervalued Small Caps

ProCredit Holding

Market Cap: €470.6m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Nagarro

Market Cap: €443.8m

Provides digital product engineering and technology solutions in Germany, the United States, Europe, and internationally.

DEUTZ

Market Cap: €1.4b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Scandinavian Astor Group

Market Cap: €98.3m

Produces and develops solutions to defense and industrial sectors in Europe, Africa, the Middle East, the Americas, and Asia.

Energiekontor

Market Cap: €555.8m

A project developer, engages in the planning, construction, and operation of wind and solar parks in Germany, Portugal, Scotland, and the united States.

Grenke

Market Cap: €536.3m

Provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally.

HMS Bergbau

Market Cap: €193.1m

Engages in trading and distributing coal and other energy raw materials to energy producers, cement manufacturers, and industrial consumers worldwide.

innoscripta

Market Cap: €797.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany and France.

Gesco

Market Cap: €140.0m

Operates in the process, resource, healthcare, and infrastructure technology sectors in Germany, rest of Europe, the United States, and internationally.

Wacker Neuson

Market Cap: €1.2b

Manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally.

Vincorion

Market Cap: €805.5m

Develops and manufactures power and mechatronic solutions for defense platforms and aviation systems in Germany and internationally.

Vossloh

Market Cap: €1.2b

Provides rail infrastructure products and services in Germany and internationally.

Mensch und Maschine Software

Market Cap: €580.4m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

MLP

Market Cap: €859.6m

Provides financial services to private, corporate, and institutional clients in Germany.

Daldrup & Söhne

Market Cap: €122.1m

Provides drilling and environmental services in Germany and Central Europe.

init innovation in traffic systems

Market Cap: €495.6m

Engages in the provision of intelligent transportation systems solutions for public transportation in Germany and internationally.

adesso

Market Cap: €342.1m

Provides IT services in Germany, Austria, Switzerland, and internationally.

Medios

Market Cap: €298.0m

Supplies specialty pharmaceutical drugs primarily in Germany.

Novem Group

Market Cap: €112.7m

Develops and supplies trim elements and decorative function elements for car interiors in the automotive industry.