German Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sabre

Market Cap: €489.7m

Operates as a software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally.

q.beyond

Market Cap: €93.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

On the Beach Group

Market Cap: €318.8m

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

Hikma Pharmaceuticals

Market Cap: €3.5b

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

GFT Technologies

Market Cap: €546.6m

Provides digital transformation services.

Pearson

Market Cap: €6.2b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

MINISO Group Holding

Market Cap: €6.0b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Uber Technologies

Market Cap: €177.5b

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

Spectrum Brands Holdings

Market Cap: €1.5b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

Bosideng International Holdings

Market Cap: €51.1b

Engages in the apparel business in the People’s Republic of China.

Asahi Group Holdings

Market Cap: €2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Robert Walters

Market Cap: €89.8m

Provides professional recruitment consultancy services worldwide.

Indofood Sukses Makmur

Market Cap: €59.0t

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

McBride

Market Cap: €260.2m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Valeura Energy

Market Cap: €881.2m

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

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.7b

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.

Ernst Russ

Market Cap: €252.7m

A publicly owned investment manager.

ANTA Sports Products

Market Cap: €226.9b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Sanofi

Market Cap: €100.4b

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

Skymark Airlines

Market Cap: €22.4b

Provides scheduled air transportation services.

Open Text

Market Cap: €8.2b

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.

Beazley

Market Cap: €4.8b

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

Bank7

Market Cap: €400.8m

Operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers.

TAKKT

Market Cap: €242.7m

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

Northern Oil and Gas

Market Cap: €2.2b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Arnoldo Mondadori Editore

Market Cap: €563.3m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Enovis

Market Cap: €1.4b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Carnival Corporation &

Market Cap: €40.5b

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

American Integrity Insurance Group

Market Cap: €377.0m

Operates as an insurance company.

BFF Bank

Market Cap: €1.8b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Grand Pharmaceutical Group

Market Cap: €27.7b

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.

ONE Group Hospitality

Market Cap: €72.2m

A restaurant company, owns, develops, operates, manages, licenses, and franchises restaurants and lounges worldwide.

TAKKT

Market Cap: €242.7m

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

Tubacex

Market Cap: €426.8m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Fosun International

Market Cap: €36.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.