German Retail Potentially Undervalued Companies

MINISO Group Holding

Market Cap: €4.1b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Lithia Motors

Market Cap: €6.3b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Map Aktif Adiperkasa

Market Cap: €17.2t

Operates as a sporting goods retailer in Indonesia.

Luk Fook Holdings (International)

Market Cap: €12.8b

An investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products in Hong Kong and internationally.

Gap

Market Cap: €8.5b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Platform Group SE KGaA

Market Cap: €56.2m

A software company, operates online platforms for B2B and B2C customers.

LKQ

Market Cap: €6.9b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Group 1 Automotive

Market Cap: €3.8b

Through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom.

Platform Group SE KGaA

Market Cap: €56.2m

A software company, operates online platforms for B2B and B2C customers.

Asbury Automotive Group

Market Cap: €3.5b

Operates as an automotive retailer in the United States.

El Puerto de Liverpool. de

Market Cap: €139.3b

Operates a chain of department stores primarily in Mexico.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Ultimate Products

Market Cap: €41.7m

Supplies branded household products in the United Kingdom, Rest of Europe, and internationally.

Westwing Group

Market Cap: €273.6m

Operates as an e-commerce retailer in the home and living sector.

Moonpig Group

Market Cap: €650.8m

Operates as a data and technology platform for online greeting cards and gifting in the Netherlands, Ireland, Australia, the United States, and the United Kingdom.

WH Smith

Market Cap: €630.3m

Operates as a travel retailer in the United Kingdom, North America, Australia, Ireland, Spain, and internationally.

Pasquarelli Auto

Market Cap: €24.6m

Operates as a dealer of new, used, company, and 0 km cars in Italy.

MINISO Group Holding

Market Cap: €4.1b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Caleres

Market Cap: €455.5m

Engages in the designs, develops, sources, manufactures, and distributes footwear in the United States, Canada, East and Southeast Asia, and internationally.

JD Sports Fashion

Market Cap: €3.9b

Engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for women and men in the United Kingdom, Europe, North America, and the Asia Pacific.

Pop Mart International Group

Market Cap: €202.9b

An investment holding company, designs, develops, and sells pop toys in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

Dunelm Group

Market Cap: €1.6b

Engages in the retail of homewares in the United Kingdom.

American Eagle Outfitters

Market Cap: €2.8b

Operates as a multi-brand specialty retailer in the United States and internationally.

Genuine Parts

Market Cap: €13.5b

Distributes automotive and industrial replacement parts.

Global Fashion Group

Market Cap: €113.8m

Operates e-commerce platforms for fashion and lifestyle markets in Latin America, Southeast Asia, Australia, and New Zealand.

Bath & Body Works

Market Cap: €3.6b

Operates as a specialty retailer of personal care and home fragrance products.

Pop Mart International Group

Market Cap: €202.9b

An investment holding company, designs, develops, and sells pop toys in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

Maisons du Monde

Market Cap: €18.6m

Through its subsidiaries, provides home and living room related products in France and internationally.

Fnac Darty

Market Cap: €1.0b

Engages in the retail of entertainment and leisure products, consumer electronics, and domestic appliances in France, Switzerland, Belgium, Luxembourg, and the Iberian Peninsula.

Spartoo SAS

Market Cap: €4.0m

Spartoo SAS retails a range of fashion items through its e-commerce platform in France and internationally.

Build-A-Bear Workshop

Market Cap: €456.6m

Operates as a mall-based, experiential specialty retailer for children in the United States, Canada, the United Kingdom, Ireland, North America, and Europe.

Best Buy

Market Cap: €13.0b

Offers technology products and solutions in the United States, Canada, and internationally.

PDD Holdings

Market Cap: €134.5b

A multinational commerce group that owns and operates a portfolio of businesses.

Kohl's

Market Cap: €1.5b

Operates as an omnichannel retailer in the United States.

Baozun

Market Cap: €145.3m

Through its subsidiaries, engages in the provision of end-to-end e-commerce solutions in the People's Republic of China.

Wickes Group

Market Cap: €409.8m

Operates as a retailer of home improvement products and services in the United Kingdom.