German Healthy potentially undervalued

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Talanx

Market Cap: €26.6b

Provides insurance and reinsurance products and services worldwide.

Deutsche Post

Market Cap: €56.9b

Operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Grand City Properties

Market Cap: €1.7b

Engages in the residential real estate business in Germany, the United Kingdom, and internationally.

Dermapharm Holding

Market Cap: €2.4b

Manufactures and sells off-patent branded pharmaceutical products in Germany, Italy, France, Austria, Switzerland, Spain, Portugal, the Netherlands, Croatia, Poland, Ukraine, the United States, and China.

DWS Group GmbH KGaA

Market Cap: €12.4b

Offers asset management services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Dürr

Market Cap: €1.5b

Operates as a mechanical and plant engineering company worldwide.

Bilfinger

Market Cap: €3.2b

Provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East.

Beiersdorf

Market Cap: €15.2b

Manufactures and distributes consumer goods in Europe, the United States, Africa, Asia, and Australia.

Sixt

Market Cap: €3.4b

Through its subsidiaries, provides mobility services through a corporate and franchise branch network for private and business customers.

Redcare Pharmacy

Market Cap: €872.4m

Operates the online pharmacy business in the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France.

Grenke

Market Cap: €574.3m

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

Fraport

Market Cap: €6.7b

Owns and operates airports in Germany, the rest of Europe, Asia, and the America.

Merck KGaA

Market Cap: €56.9b

Operates as a science and technology company in Europe, North America, Latin America, Middle East and Africa, and the Asia Pacific.

KWS SAAT SE KGaA

Market Cap: €2.4b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

MLP

Market Cap: €891.2m

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

RTL Group

Market Cap: €4.8b

Operates as an entertainment company.

Evotec

Market Cap: €938.5m

Operates as a drug discovery and development company in the United States, Germany, France, the United Kingdom, Switzerland, and internationally.

SGL Carbon

Market Cap: €656.6m

Manufactures and sells special graphite, carbon fiber, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally.

K+S

Market Cap: €2.7b

Operates as a supplier of mineral products for the agricultural, industrial, pharma, consumer, and community sectors in Europe, Germany, North America, South America, Asia, Africa, and Oceania.

Medios

Market Cap: €333.3m

Supplies specialty pharmaceutical drugs primarily in Germany.

Bechtle

Market Cap: €4.2b

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

Ceconomy

Market Cap: €1.9b

Engages in the consumer electronics retail business.

Smartbroker Holding

Market Cap: €205.6m

Operates as online broker in Germany.

Aurubis

Market Cap: €9.4b

Processes metal concentrates and recycling materials in Germany.

Heidelberg Materials

Market Cap: €33.7b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Carl Zeiss Meditec

Market Cap: €2.3b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

Wacker Chemie

Market Cap: €4.9b

Produces and sells chemical products in Europe, Asia, the Americas, and internationally.

Fielmann Group

Market Cap: €3.8b

Engages in vision care and audiology business in Germany, Switzerland, Austria, Spain, North America, and internationally.

Formycon

Market Cap: €399.4m

A biotechnology company, develops biosimilar drugs in Germany and Switzerland.

adidas

Market Cap: €29.2b

Designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally.