German Undiscovered Gems With Strong Fundamentals

Freetrailer Group

Market Cap: €505.2m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Envirotainer

Market Cap: €383.3m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Bijou Brigitte modische Accessoires

Market Cap: €326.0m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

BAUER

Market Cap: €245.3m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Baader Bank

Market Cap: €334.3m

Provides investment and banking services in Europe.

Waberer's International Nyrt

Market Cap: €205.1m

Provides transportation, forwarding, and logistics services in Europe and internationally.

Mineralbrunnen Überkingen-Teinach GmbH KGaA

Market Cap: €126.6m

Mineralbrunnen Überkingen-Teinach GmbH & Co.

Kazakhtelecom JSC

Market Cap: €482.1b

Provides telecommunication services to individuals and businesses in the Republic of Kazakhstan.

Funkwerk

Market Cap: €257.9m

Provides communication, information, and security systems in Germany, the European Union, the European Free Trade Association, and internationally.

Eisen- und Hüttenwerke

Market Cap: €255.2m

Engages in the acquisition, management, and sale of investments in companies that produce and process iron, steel, and other metals and materials in Germany.

centrotherm international

Market Cap: €190.5m

Provides production equipment and solutions for the photovoltaic, semiconductor, and microelectronic industries worldwide.

Quirin Privatbank

Market Cap: €142.4m

Primarily operates as an asset management company in Germany.

Veteranpoolen

Market Cap: €1.1b

Operates as a staffing company.

Deutsche Real Estate

Market Cap: €263.5m

Operates as a real estate investment corporation that invests in German real estates, both directly and indirectly.

Gabler Group

Market Cap: €270.4m

Designs, develops, and manufactures hoistable masts and components for submarines.

Novabase S.G.P.S

Market Cap: €335.9m

Through its subsidiaries, provides IT consulting and services in Portugal, rest of Europe, Africa, the Middle East, and internationally.

Beta Systems Software

Market Cap: €135.6m

A publicly owned investment manager.

Angler Gaming

Market Cap: €244.5m

Invests in companies that offer gaming services through the internet in Malta.

Merkur PrivatBank KgaA

Market Cap: €137.7m

Offers various private banking products and services in Germany.

IVU Traffic Technologies

Market Cap: €323.4m

Develops, installs, maintains, and operates integrated IT solutions for buses and trains worldwide.

LIMES Schlosskliniken

Market Cap: €142.8m

Operates private clinics for psychiatry, psychotherapy, and psychosomatics services in Germany, Switzerland, and Liechtenstein.

Edel SE KGaA

Market Cap: €107.4m

Operates as an independent music company in Europe.

MEDICLIN

Market Cap: €172.0m

Operates hospitals in Germany.

Aumann

Market Cap: €161.5m

Manufactures and sells specialized machines and production lines for electromobility, automation, and robot applications in Germany, rest of Europe, the United States, Canada, Mexico, China, and internationally.

Darwin

Market Cap: €92.4m

Operates in the healthcare industry.

Uzin Utz

Market Cap: €355.6m

Develops, manufactures, and sells construction chemical system products in Germany, the United States, Netherlands, and internationally.

SNP Schneider-Neureither & Partner

Market Cap: €486.5m

Provides software for management of digital transformation processes in Germany.

HMS Bergbau

Market Cap: €199.9m

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

technotrans

Market Cap: €181.0m

Operates as a technology and services company worldwide.

innoscripta

Market Cap: €632.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

Masterflex

Market Cap: €131.3m

Develops, manufactures, and distributes high-tech hoses and connecting systems for various industrial and manufacturing applications in Germany, Rest of Europe, and internationally.

CeoTronics

Market Cap: €93.8m

Manufactures and distributes electronic audio and video systems, and data transmission and communication solutions for difficult conditions in Germany, rest of Europe, and internationally.

Novem Group

Market Cap: €113.2m

Develops and supplies trim elements and decorative function elements for car interiors in the automotive industry.

Serviceware

Market Cap: €131.3m

Provides a portfolio of software solutions for the digitalization and automation of service processes in Germany, Austria, Switzerland, and internationally.

Fabasoft

Market Cap: €113.3m

Provides software products and cloud services for digital document, process, and file management in Austria, Germany, Switzerland, and internationally.

Ernst Russ

Market Cap: €239.9m

A publicly owned investment manager.