German Strong Past Earnings Growth, P/E Ratio Below 20

Allianz

Market Cap: €153.7b

Provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €61.6b

Engages in the insurance and reinsurance businesses worldwide.

Hannover Rück

Market Cap: €28.8b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Talanx

Market Cap: €28.0b

Provides insurance and reinsurance products and services worldwide.

MTU Aero Engines

Market Cap: €19.3b

Engages in the development, manufacture, sale, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

DWS Group GmbH KGaA

Market Cap: €12.6b

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

Deutsche Lufthansa

Market Cap: €11.7b

Operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa.

Aurubis

Market Cap: €8.1b

Processes metal concentrates and recycling materials in Germany.

Scout24

Market Cap: €5.1b

Operates ImmoScout24, a digital marketplace for the residential and commercial real estate sectors in Germany and internationally.

TUI

Market Cap: €3.7b

Provides tourism services internationally.

Fielmann Group

Market Cap: €3.7b

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

Kontron

Market Cap: €1.5b

Engages in the provision of Internet of Things software and solutions in Europe and internationally.

Befesa

Market Cap: €1.2b

Offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets.

Eckert & Ziegler

Market Cap: €958.0m

Manufactures and sells isotope technology components in Europe, North America, Asia, and internationally.

MBB

Market Cap: €914.0m

Engages in the acquisition and management of medium-sized companies in Germany and internationally.

M1 Kliniken

Market Cap: €350.7m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, Croatia, Hungary, Bulgaria, and Romania.

Instone Real Estate Group

Market Cap: €327.5m

Develops residential real estate properties in Germany.

Waberer's International Nyrt

Market Cap: €223.1m

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

MPC Münchmeyer Petersen Capital

Market Cap: €184.7m

A publicly owned investment manager.

RheinLand Holding

Market Cap: €122.1m

Provides various insurance products and services for private and commercial customers in Germany and internationally.

capsensixx

Market Cap: €57.5m

Engages in the financial administration as a service business.

PEH Wertpapier

Market Cap: €47.4m

Offers asset management services to private customers.

Dierig Holding

Market Cap: €33.2m

Engages in textiles business in Germany, rest of Europe, and internationally.

Platform Group SE KGaA

Market Cap: €22.2m

A software company, operates online platforms for B2B and B2C customers.

Gesundheitswelt Chiemgau

Market Cap: €21.3m

Engages in medicine and tourism businesses in Germany.

Splendid Medien

Market Cap: €9.8m

Provides various services for the film and television industries in Germany, rest of Europe, and internationally.

GBS Software

Market Cap: €4.3m

Engages in the software development and sales business in Germany.