German Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

DNO

Market Cap: €14.1b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

BAE Systems

Market Cap: €49.2b

Provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Japan, Europe, and internationally.

Open Text

Market Cap: €8.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Lithia Motors

Market Cap: €7.7b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

China Mengniu Dairy

Market Cap: €58.3b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Skymark Airlines

Market Cap: €23.0b

Provides scheduled air transportation services.

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

DOF Group

Market Cap: €23.2b

Owns and operates a fleet of offshore and subsea vessels.

Ernst Russ

Market Cap: €233.1m

A publicly owned investment manager.

LPKF Laser & Electronics

Market Cap: €145.3m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

M.P. Evans Group

Market Cap: €670.7m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

CEWE Stiftung KGaA

Market Cap: €703.4m

Operates as a photo service and online printing provider in Germany and internationally.

L.D.C

Market Cap: €3.0b

Produces and sells poultry and processed products in France and internationally.

Capgemini

Market Cap: €22.9b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Robert Walters

Market Cap: €89.1m

Provides professional recruitment consultancy services worldwide.

Intrum

Market Cap: €5.3b

Provides payment solutions, and credit and collection services in Europe and internationally.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.3b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

Kuaishou Technology

Market Cap: €293.0b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Alaris Equity Partners Income Trust

Market Cap: €912.2m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

OFG Bancorp

Market Cap: €1.7b

A financial holding company, provides a range of banking and financial services in the United States.

Akzo Nobel

Market Cap: €9.6b

Produces and sells paints and coatings worldwide.

GFT Technologies

Market Cap: €496.0m

Provides digital transformation services.

On the Beach Group

Market Cap: €279.2m

Operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom.

Beazley

Market Cap: €4.7b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Polar Capital Holdings

Market Cap: €521.6m

Polar Capital Holdings plc is a publicly owned investment manager.

TAKKT

Market Cap: €250.7m

Operates as a B2B direct marketing company for business equipment in Europe and North America.

Grupa Pracuj

Market Cap: €3.7b

Operates HR technology platform in Poland, Ukraine, and Germany.

Uber Technologies

Market Cap: €181.9b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

GEO Group

Market Cap: €2.2b

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.

Valeura Energy

Market Cap: €778.9m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Carnival Corporation &

Market Cap: €33.6b

A cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.

Sanofi

Market Cap: €104.4b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Grand Pharmaceutical Group

Market Cap: €28.8b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Transcontinental

Market Cap: €1.7b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Indofood Sukses Makmur

Market Cap: €64.5t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.