German Undiscovered Gems With Strong Fundamentals

Sparta

Market Cap: €179.4m

A publicly owned investment manager.

FRoSTA

Market Cap: €521.2m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

HOMAG Group

Market Cap: €442.4m

Manufactures and sells machines and solutions for woodworking and timber construction industries worldwide.

OHB

Market Cap: €1.3b

Operates as a space and technology company in Germany, rest of Europe, and internationally.

Mineralbrunnen Überkingen-Teinach GmbH KGaA

Market Cap: €102.6m

Mineralbrunnen Überkingen-Teinach GmbH & Co.

EnviTec Biogas

Market Cap: €455.9m

Manufactures and operates biogas and biomethane plants in Germany, Italy, Great Britain, the Czechia Republic, France, Denmark, the United States, China, Greece, Estonia, and internationally.

Baader Bank

Market Cap: €224.0m

Provides investment and banking services in Europe.

Westag

Market Cap: €125.6m

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

Südwestdeutsche Salzwerke

Market Cap: €577.9m

Südwestdeutsche Salzwerke AG, together with its subsidiaries, mines, produces, and sells salt in Germany, the European Union, and internationally.

Mühlbauer Holding

Market Cap: €601.7m

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.

Paul Hartmann

Market Cap: €848.9m

Manufactures and sells medical and care products in Germany, rest of Europe, the Middle East, Africa, Asia and Pacific region, and the Americas.

SIMONA

Market Cap: €294.0m

Develops, manufactures, and markets a range of semi-finished thermoplastics, pipes, fittings, and profiles worldwide.

Neon Equity

Market Cap: €135.2m

Neon Equity AG is a private equity firm specializing in growth capital, buyout and SPAC investments.

IVU Traffic Technologies

Market Cap: €293.4m

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

Gelsenwasser

Market Cap: €1.8b

Engages in the water, wastewater, gas supply, and electricity businesses in Germany, the Czech Republic, and Poland.

Novabase S.G.P.S

Market Cap: €251.0m

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

msg life ag

Market Cap: €138.7m

Provides software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and the United States.

RHÖN-KLINIKUM

Market Cap: €903.7m

Offers in-patient, semi-patient, and outpatient healthcare services in Germany.

Ernst Russ

Market Cap: €180.6m

A publicly owned investment manager.

BAUER

Market Cap: €217.3m

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

Uzin Utz

Market Cap: €307.7m

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

Eckert & Ziegler

Market Cap: €1.2b

Manufactures and sells isotope technology components worldwide.

Logwin

Market Cap: €673.7m

Provides logistics and transport solutions in Germany, Austria, other European countries, Asia/Pacific, and internationally.

HMS Bergbau

Market Cap: €148.1m

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

Ringmetall

Market Cap: €103.2m

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

MPH Health Care

Market Cap: €96.8m

An investment company, engages in the healthcare business in Germany.

Edel SE KGaA

Market Cap: €100.0m

Operates as an independent music company in Europe.

Fabasoft

Market Cap: €192.9m

Manufactures software products, and provides cloud services to public and private sectors in Austria, Germany, Switzerland, and internationally.

ProCredit Holding

Market Cap: €586.6m

Provides commercial banking services for small and medium enterprises and private customers in Europe, South America, and Germany.

Energiekontor

Market Cap: €700.7m

A project developer, engages in the planning, construction, and operation of wind and solar parks in Germany, Portugal, Scotland, and the united States.

Leifheit

Market Cap: €161.5m

Produces and distributes household products in Germany, Central and Eastern Europe, and internationally.

OVB Holding

Market Cap: €307.8m

Through its subsidiaries, provides advisory and brokerage services to private households in Europe.

Nynomic

Market Cap: €100.3m

Manufactures and sells products for the spectroscopy, sensor technology, laboratory automation and medical technology, agriculture and environmental technology, and industrial markets worldwide.

PharmaSGP Holding

Market Cap: €304.6m

Manufactures and sells over-the-counter drugs and other healthcare products in Germany.

Netfonds

Market Cap: €95.0m

Provides advisory services for the financial, insurance, and real estate sectors.

All for One Group

Market Cap: €271.9m

Provides business software solutions for SAP, Microsoft, and IBM in Germany, Switzerland, Austria, Poland, Luxembourg, and internationally.