German Software Healthy potentially undervalued

Nagarro

Market Cap: €621.3m

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

Kontron

Market Cap: €1.2b

Provides Internet of Things software and solutions in Europe and internationally.

GFT Technologies

Market Cap: €464.1m

Provides digital transformation services.

q.beyond

Market Cap: €89.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Mensch und Maschine Software

Market Cap: €569.7m

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.

IONOS Group

Market Cap: €3.3b

Through its subsidiaries, provides web presence and productivity, and cloud solutions for companies in Germany, the United States, the United Kingdom, Spain, France, Poland, and Austria.

Bechtle

Market Cap: €3.2b

Provides information technology (IT) services in Germany, France, Benelux, and Europe.

adesso

Market Cap: €358.5m

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

SAP

Market Cap: €179.6b

Provides enterprise application and business solutions worldwide.