German Materials Potentially Undervalued Companies

Andean Precious Metals

Market Cap: €1.1b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

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.

Akzo Nobel

Market Cap: €9.5b

Produces and sells paints and coatings worldwide.

Wesdome Gold Mines

Market Cap: €3.3b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Aica Kogyo Company

Market Cap: €223.3b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Transcontinental

Market Cap: €1.7b

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

Chemours

Market Cap: €1.9b

Provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.

Tubacex

Market Cap: €425.6m

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

O-I Glass

Market Cap: €2.1b

Through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally.

Nippon Paint Holdings

Market Cap: €2.4t

Engages in the paints and fine chemicals businesses.

Vidrala

Market Cap: €3.0b

Manufactures and sells glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Breedon Group

Market Cap: €1.2b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

BEWI

Market Cap: €3.8b

Produces, markets, and sells packaging, components, and insulation solutions in Norway and internationally.

Corticeira Amorim S.G.P.S

Market Cap: €893.8m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.

Silgan Holdings

Market Cap: €4.2b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Flotek Industries

Market Cap: €419.6m

Operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.

Capital

Market Cap: €220.3m

Provides drilling, mining, mineral assaying, and surveying services.

Graphic Packaging Holding

Market Cap: €4.8b

Designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products in the Americas, Europe, and the Asia Pacific.

Serabi Gold

Market Cap: €200.7m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Crown Holdings

Market Cap: €11.1b

Engages in the packaging business in the United States and internationally.

Axalta Coating Systems

Market Cap: €6.3b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Mosaic

Market Cap: €7.7b

Through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients.

Aurelia Metals

Market Cap: €397.8m

Engages in the exploration and production of mineral properties in Australia.

Newmont

Market Cap: €98.8b

Engages in the production and exploration of gold properties.

CPH Group

Market Cap: €412.4m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.

Navigator Company

Market Cap: €2.2b

Manufactures and markets pulp and paper products worldwide.

Taiheiyo Cement

Market Cap: €420.2b

Engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally.

Torex Gold Resources

Market Cap: €6.3b

Operates as an intermediate gold producer.

SP Group

Market Cap: €3.3b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

Centerra Gold

Market Cap: €3.7b

Engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally.

Fuchs

Market Cap: €4.6b

Develops, produces, and distributes lubricants and functional fluids in Europe, the Middle East, Africa, the Asia Pacific, and North and South America.

Central Asia Metals

Market Cap: €278.5m

Operates as a base metals producer.

ERAMET

Market Cap: €1.5b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

China Hongqiao Group

Market Cap: €304.3b

An investment holding company, manufactures and sells aluminum products.

Fuchs

Market Cap: €4.6b

Develops, produces, and distributes lubricants and functional fluids in Europe, the Middle East, Africa, the Asia Pacific, and North and South America.

Jiangxi Copper

Market Cap: €126.9b

Engages in mining, smelting, and processing of copper and gold in Chinese Mainland, China, Hong Kong, and internationally.