German Capital Goods Undervalued Small Caps

HMS Bergbau

Market Cap: €209.0m

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

Ringmetall

Market Cap: €84.9m

Develops, produces, and markets packaging solutions for industrial drums in Germany and internationally.

Gesco

Market Cap: €159.4m

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

MAX Automation

Market Cap: €175.3m

Engages in the provision of automation solutions for the automotive, electrical, recycling, raw materials recovery, packaging, and medical technology industries.

Steyr Motors

Market Cap: €231.9m

Engages in manufacturing and selling diesel engines for commercial and military vehicles worldwide.