German Materials Potentially Undervalued Companies

Gränges

Market Cap: €12.5b

Engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas.

Minerals Technologies

Market Cap: €1.9b

Develops, produces, and markets various mineral, mineral-based, and related systems and services.

Sasol

Market Cap: €68.8b

Operates as a chemical and energy company.

Iluka Resources

Market Cap: €2.8b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

Gerdau

Market Cap: €32.7b

Operates as a steel producer company.

Wienerberger

Market Cap: €3.0b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

Celanese

Market Cap: €4.6b

A chemical and specialty materials company, manufactures and sells engineered polymers worldwide.

Stella-Jones

Market Cap: €4.4b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

Synthomer

Market Cap: €124.2m

Manufactures and supplies specialised polymers and ingredients for coatings, construction, adhesives, and health and protection sectors.

TIMAH

Market Cap: €14.2t

Engages in tin mining and smelting operations in Indonesia and internationally.

ALPEK. de

Market Cap: €20.9b

Alpek, S.A.B. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico and internationally.

AltynGold

Market Cap: €243.3m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Alcoa

Market Cap: €8.5b

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.

Vicat

Market Cap: €2.7b

Engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry.

Altri SGPS

Market Cap: €1.0b

Produces and sells cellulosic fibers in Portugal and internationally.

Capral

Market Cap: €178.8m

Together with its subsidiary, Austex Dies Pty Ltd, manufactures and distributes fabricated and semi-fabricated aluminum related products in Australia.

Perseus Mining

Market Cap: €6.6b

Explores, evaluates, develops, and mines for gold properties in Ghana, Côte d’Ivoire, Tanzania, and Sudan.

Norsk Hydro

Market Cap: €136.0b

Engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities worldwide.

Indorama Ventures

Market Cap: €123.5b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Dow

Market Cap: €16.3b

Through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America.

Johnson Matthey

Market Cap: €3.4b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.

Sylvamo

Market Cap: €1.8b

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

Aurubis

Market Cap: €4.8b

Processes metal concentrates and recycling materials in Germany.

NV Bekaert

Market Cap: €2.0b

Provides steel wire transformation and coating technologies worldwide.

Huaxin Cement

Market Cap: €35.3b

Manufactures and sells cement in China and internationally.

Dongyue Group

Market Cap: €21.0b

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.

Nabaltec

Market Cap: €123.2m

Develops, manufactures, and distributes specialized products based on mineral raw materials in Germany, rest of Europe, the United States, and internationally.

Companhia Siderúrgica Nacional

Market Cap: €10.5b

Operates as an integrated steel producer in Brazil and Latin America.

Eldorado Gold

Market Cap: €8.3b

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece.

Holcim

Market Cap: €36.3b

Provides building materials and solutions worldwide.

Rana Gruber

Market Cap: €2.5b

Engages in the mining, processing, and sale of iron ore concentrate in Norway, the United Kingdom, Sweden, the United States, and internationally.

Fuchs

Market Cap: €4.5b

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

Robertet

Market Cap: €1.6b

Produces and sells perfumes, aromas, and natural products.

Cementos PacasmayoA

Market Cap: €2.0b

Produces, distributes, and sells cement and cement-related materials in Peru.

Indocement Tunggal Prakarsa

Market Cap: €21.9t

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

James Cropper

Market Cap: €31.1m

Manufactures and sells paper products and advanced materials.