German Materials Potentially Undervalued Companies

Andean Precious Metals

Market Cap: €945.5m

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

Atalaya Mining Copper

Market Cap: €1.1b

Engages in the mineral exploration and development in Spain.

SergeFerrari Group

Market Cap: €80.2m

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

Wesdome Gold Mines

Market Cap: €3.5b

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

China Hongqiao Group

Market Cap: €344.9b

An investment holding company, manufactures and sells aluminum products.

Transcontinental

Market Cap: €446.9m

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

Tokuyama

Market Cap: €268.9b

Produces and sells various chemical products in Japan.

Regis Resources

Market Cap: €5.0b

Engages in the exploration, evaluation, and development of gold projects in Australia.

OceanaGold

Market Cap: €9.4b

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

Akzo Nobel

Market Cap: €8.4b

Produces and sells paints and coatings worldwide.

O-I Glass

Market Cap: €1.6b

Through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers in the Americas, Europe, and internationally.

Champion Iron

Market Cap: €2.8b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

DIC

Market Cap: €346.1b

Manufactures and sells printing inks, organic pigments, and synthetic resins worldwide.

Nippon Paint Holdings

Market Cap: €2.3t

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

Tokai Carbon

Market Cap: €205.4b

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

Cabka

Market Cap: €44.5m

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

Aeris Resources

Market Cap: €472.9m

Explores, produces, and sells precious metals in Australia.

Elopak

Market Cap: €9.7b

Manufactures and supplies paper-based packaging solutions for liquid food in Europe, the Middle East, Africa, Asia, the Americas, and internationally.

Fortuna Mining

Market Cap: €4.0b

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

Koppers Holdings

Market Cap: €739.5m

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

Ora Banda Mining

Market Cap: €2.2b

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

Dongyue Group

Market Cap: €18.7b

An investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, liquid alkali, and other products in the People's Republic of China and internationally.

Sylvamo

Market Cap: €1.6b

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

Commercial Metals

Market Cap: €6.7b

Manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally.

Kemira Oyj

Market Cap: €2.8b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Vidrala

Market Cap: €2.7b

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.

Silgan Holdings

Market Cap: €4.0b

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

Groupe Guillin

Market Cap: €390.1m

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

Breedon Group

Market Cap: €1.0b

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

West African Resources

Market Cap: €3.7b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

Indocement Tunggal Prakarsa

Market Cap: €16.7t

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

Mercer International

Market Cap: €90.3m

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

Avia Avian

Market Cap: €21.7t

Manufactures and distributes paints and building materials in Indonesia.

Axalta Coating Systems

Market Cap: €5.7b

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.

Navigator Company

Market Cap: €2.4b

Manufactures and markets pulp and paper products worldwide.

Ero Copper

Market Cap: €3.6b

Engages in the exploration, development, and production of mining projects in Brazil.