German Materials Potentially Undervalued Companies

SP Group

Market Cap: €5.7b

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

Aica Kogyo Company

Market Cap: €260.2b

Manufactures and sells chemical products in Japan, China, rest of Asia, Oceania, and internationally.

Andean Precious Metals

Market Cap: €1.1b

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

Cinkarna Celje d. d

Market Cap: €236.5m

A chemical-processing company, produces and markets titanium dioxide pigments in Slovenia, the European Union, and internationally.

Galiano Gold

Market Cap: €839.7m

Operates as a gold mining company.

FMC

Market Cap: €1.4b

An agricultural sciences company, develops, markets, and sells crop protection chemicals in Latin America, North America, Europe, the Middle East, Africa, and Asia.

Regis Resources

Market Cap: €6.4b

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

ERAMET

Market Cap: €1.3b

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

ERAMET

Market Cap: €1.3b

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

Metro Mining

Market Cap: €456.5m

Operates as an exploration and mining company in Australia.

Alcoa

Market Cap: €13.7b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

China Hongqiao Group

Market Cap: €234.7b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Jiangxi Copper

Market Cap: €162.1b

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

LANXESS

Market Cap: €1.2b

A specialty chemicals company, engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products worldwide.

Suzano

Market Cap: €55.5b

Manufactures and sells pulp and paper products in Brazil and internationally.

Antam (Persero)

Market Cap: €76.7t

Operates as a diversified metals and mining company in Indonesia.

Fuchs

Market Cap: €4.9b

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

Akzo Nobel

Market Cap: €10.4b

Produces and sells paints and coatings worldwide.

Stora Enso Oyj

Market Cap: €7.8b

Provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally.

OceanaGold

Market Cap: €9.6b

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

Sonoco Products

Market Cap: €5.7b

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

Alumetal

Market Cap: €1.3b

Alumetal S.A., together with its subsidiaries, manufactures and sells secondary aluminium casting alloys for the automotive industry in Poland, Germany, and other European countries.

Orbia Advance Corporation. de

Market Cap: €42.0b

Provides polymer solutions in the United States, Northwest Europe, Southwest Europe, Africa, the Middle East, Asia, Brazil, Mexico, Central and Eastern Europe, Colombia, Central America, Peru, Southeast Europe, Canada, Ecuador, Israel, Argentina, Chile, and internationally.

Fortuna Mining

Market Cap: €4.9b

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

Chemours

Market Cap: €2.4b

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

Nippon Paint Holdings

Market Cap: €2.8t

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

China Nonferrous Mining

Market Cap: €61.7b

An investment holding company, engages in the exploration, mining, ore processing, leaching, smelting, and sale of copper and cobalt in Zambia and the Democratic Republic of Congo.

Umicore

Market Cap: €5.6b

Operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa.

Maanshan Iron & Steel

Market Cap: €20.7b

Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally.

Boliden

Market Cap: €161.6b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

PPG Industries

Market Cap: €25.3b

Manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Tessenderlo Group

Market Cap: €1.2b

Engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.

Minerals Technologies

Market Cap: €2.2b

Develops, produces, and markets various mineral, mineral-based products and services.

DIC

Market Cap: €487.0b

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

Constellium

Market Cap: €3.7b

Engages in the design, manufacture, and sale of rolled and extruded aluminum products for the aerospace, packaging, automotive, commercial transportation, general industrial, and defense end-markets.

Zeon

Market Cap: €458.6b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.