German Software Healthy potentially undervalued

Nagarro

Market Cap: €693.2m

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

GFT Technologies

Market Cap: €470.4m

Provides digital transformation services.

q.beyond

Market Cap: €105.1m

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

CENIT

Market Cap: €60.1m

Provides software solutions and associated software consulting and integration services.

IONOS Group

Market Cap: €4.7b

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.

PSI Software

Market Cap: €410.4m

Develops and integrates software solutions and products for optimizing the flow of energy and materials for utilities and industry worldwide.

Mensch und Maschine Software

Market Cap: €780.0m

Provides computer aided design, manufacturing, and engineering, product data management, and building information modeling/management solutions in Germany, Austria, Switzerland, the United Kingdom, Italy, France, Hungary, and internationally.

Kontron

Market Cap: €1.6b

Engages in the provision of Internet of Things (IoT) solutions in Austria and internationally.