German Capital Goods Undiscovered Gems With Strong Fundamentals

Mühlbauer Holding

Market Cap: €590.4m

Engages in the production and personalization of smart cards, passports, solar cells, and RFID solutions in Germany, rest of Europe, Asia, the United States, Africa, and internationally.

Westag

Market Cap: €137.5m

Manufactures and sells wood-based products for interior finishing and building construction primarily in Germany and internationally.

KHD Humboldt Wedag International

Market Cap: €94.9m

Provides engineering products and services for the cement industry.

BAUER

Market Cap: €232.4m

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

HMS Bergbau

Market Cap: €135.4m

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

Ringmetall

Market Cap: €95.3m

Develops, produces, and markets packaging solutions for industrial drums in Germany and internationally.

Masterflex

Market Cap: €95.8m

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

Aumann

Market Cap: €186.8m

Manufactures and sells specialized machines and production lines for components of electric and classic drive chain systems in Europe, the United States, Canada, Mexico, China, and internationally.

MAX Automation

Market Cap: €232.6m

Engages in the provision of automation solutions for the automotive, electrical, recycling, raw materials recycling, packaging, and medical technology industries in Germany, rest of the European Union, North America, China, and internationally.

MBB

Market Cap: €837.6m

Engages in the acquisition and management of medium-sized companies primarily in the technology and engineering sectors in Germany and internationally.

R. STAHL

Market Cap: €119.1m

Develops, manufactures, assembles, and distributes devices and systems for measuring, controlling, and distribution of energy, securing, and lighting explosive environments worldwide.