German Materials Potentially Undervalued Companies

OceanaGold

Market Cap: €10.6b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Stanmore Resources

Market Cap: €2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Andean Precious Metals

Market Cap: €1.1b

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

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

SergeFerrari Group

Market Cap: €81.1m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Akzo Nobel

Market Cap: €8.9b

Produces and sells paints and coatings worldwide.

Transcontinental

Market Cap: €515.7m

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

Cabka

Market Cap: €45.0m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Tokai Carbon

Market Cap: €213.7b

Engages in the manufacture and sale of carbon-related products and services in Japan.

Nippon Paint Holdings

Market Cap: €2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Elopak

Market Cap: €10.0b

Manufactures and supplies paper-based packaging system solutions for liquid products in Europe, the Middle East, Africa, Asia, Americas, Germany, Canada, Netherlands, Norway, the United States, and internationally.

Fortuna Mining

Market Cap: €4.4b

Engages in the precious and base metal mining and related activities in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal.

Koppers Holdings

Market Cap: €724.0m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.

Aeris Resources

Market Cap: €466.9m

Explores, produces, and sells precious metals in Australia.

Ora Banda Mining

Market Cap: €2.6b

Engages in the exploration, operation, and development of mineral properties and mining in Australia.

Vidrala

Market Cap: €2.8b

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

Sylvamo

Market Cap: €1.7b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Mercer International

Market Cap: €74.9m

Manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp in the United States, Germany, China, and internationally.

Breedon Group

Market Cap: €1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products in the Great Britain, Ireland, and the United States.

Groupe Guillin

Market Cap: €395.6m

Produces and sells food packaging products in France, the United Kingdom, Italy, and internationally.

Silgan Holdings

Market Cap: €4.4b

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

Indocement Tunggal Prakarsa

Market Cap: €17.5t

Manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.

Cascades

Market Cap: €1.1b

Produces, converts, and markets packaging and tissue products in Canada and the United States.

Avia Avian

Market Cap: €22.5t

Manufactures and distributes paints and building materials in Indonesia.

Axalta Coating Systems

Market Cap: €6.2b

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.

K92 Mining

Market Cap: €6.1b

Engages in the exploration and development of mineral deposits in Papua New Guinea.

Titan

Market Cap: €3.6b

Engages in Greece the production, trade, and distribution of construction materials in Greece, the Balkans, Europe, Egypt, Türkiye, Italy, France, the United States, and Brazil.

B2Gold

Market Cap: €9.1b

Operates as a gold producer company in Canada.

Aurelia Metals

Market Cap: €457.2m

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

Perenti

Market Cap: €2.0b

Operates as a mining services company worldwide.

Aluminum Corporation of China

Market Cap: €236.2b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Interfor

Market Cap: €659.0m

Produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally.

Torex Gold Resources

Market Cap: €6.3b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Fuchs

Market Cap: €4.6b

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

Sonoco Products

Market Cap: €5.6b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

Scotts Miracle-Gro

Market Cap: €3.5b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.