German Capital Goods Healthy potentially undervalued

MTU Aero Engines

Market Cap: €15.9b

Engages in the development, manufacture, sale, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

DEUTZ

Market Cap: €1.5b

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.

KSB SE KGaA

Market Cap: €1.5b

Supplies pumps, valves, and related services worldwide.

INDUS Holding

Market Cap: €776.7m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

Gesco

Market Cap: €146.8m

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

Dürr

Market Cap: €1.5b

Operates as a mechanical and plant engineering company worldwide.

Vincorion

Market Cap: €911.5m

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

Vossloh

Market Cap: €1.3b

Provides rail infrastructure products and services in Germany and internationally.

GEA Group

Market Cap: €8.8b

Produces and supplies systems and components to the food, beverage, and pharmaceutical industries worldwide.