German Undiscovered Gems With Strong Fundamentals

BAUER

Market Cap: €249.6m

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

Freetrailer Group

Market Cap: €522.3m

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

Bijou Brigitte modische Accessoires

Market Cap: €327.5m

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

Envirotainer

Market Cap: €383.3m

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

Mineralbrunnen Überkingen-Teinach GmbH KGaA

Market Cap: €126.1m

Mineralbrunnen Überkingen-Teinach GmbH & Co.

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.

Funkwerk

Market Cap: €267.6m

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

Kazakhtelecom JSC

Market Cap: €483.5b

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

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.

Deutsche Real Estate

Market Cap: €263.5m

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

Veteranpoolen

Market Cap: €1.1b

Operates as a staffing company.

Quirin Privatbank

Market Cap: €142.4m

Primarily operates as an asset management company in Germany.

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.

Gabler Group

Market Cap: €270.4m

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

Beta Systems Software

Market Cap: €135.6m

A publicly owned investment manager.

Merkur PrivatBank KgaA

Market Cap: €140.0m

Offers various private banking products and services in Germany.

Angler Gaming

Market Cap: €228.7m

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

IVU Traffic Technologies

Market Cap: €331.2m

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

MEDICLIN

Market Cap: €164.4m

Operates hospitals in Germany.

Edel SE KGaA

Market Cap: €110.6m

Operates as an independent music company in Europe.

LIMES Schlosskliniken

Market Cap: €144.6m

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

Darwin

Market Cap: €92.4m

Operates in the healthcare industry.

Aumann

Market Cap: €167.7m

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.

Uzin Utz

Market Cap: €358.1m

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: €205.3m

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

technotrans

Market Cap: €187.2m

Operates as a technology and services company worldwide.

innoscripta

Market Cap: €654.0m

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

Masterflex

Market Cap: €132.7m

Develops, manufactures, and distributes high-tech hoses and connecting systems for various industrial and manufacturing applications 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: €128.1m

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

CeoTronics

Market Cap: €88.2m

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

Fabasoft

Market Cap: €120.7m

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

Ernst Russ

Market Cap: €246.6m

A publicly owned investment manager.