German Retail Potentially Undervalued Companies

Halfords Group

Market Cap: €266.2m

Through its subsidiaries, provides motoring and cycling products and services in the United Kingdom.

Tokmanni Group Oyj

Market Cap: €763.3m

Operates as a discount retailer in Finland, Sweden, and Denmark.

MarineMax

Market Cap: €517.0m

Operates as a recreational boat and yacht retailer and superyacht services company in the United States.

THG

Market Cap: €477.8m

Operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally.

Reitmans (Canada)

Market Cap: €81.6m

Primarily engages in the retail sale of women’s specialty apparel in Canada under the Reitmans, Penningtons, and RW&CO brand names.

Kjell Group

Market Cap: €281.6m

Engages in the sale of consumer electronics accessories in Sweden, Denmark, and Norway.

Verkkokauppa.com Oyj

Market Cap: €88.6m

Operates as an online retailer in Finland.

Giglio.com

Market Cap: €11.5m

Engages in online sale of multi-brand clothing in Italy and internationally.

Teract

Market Cap: €64.3m

Operates in retail business in Europe.

APB Apranga

Market Cap: €165.3m

Engages in the retail trade of apparel in the Baltic States.

Boot Barn Holdings

Market Cap: €3.1b

Operates specialty retail stores in the United States and internationally.

Samarkand Group

Market Cap: €2.0m

Engages in the sale of B2B and B2C products to retailers, chain retailers, and online e-commerce stores in the United Kingdom, China, and internationally.

Emova Group

Market Cap: €7.4m

Engages in the sale of plants and retail flowers.

Parkson Retail Group

Market Cap: €260.8m

Operates and manages a network of department stores, shopping malls, outlets, and supermarkets in the People’s Republic of China.

Beijing Digital Telecom

Market Cap: €523.0m

Engages in the sale of mobile telecommunication devices and accessories, and provision of related services in Mainland China and Spain.

Westwing Group

Market Cap: €160.9m

Engages in the home and living e-commerce business in Germany, Switzerland, Austria, Spain, Italy, France, Poland, the Czech Republic, the Slovak Republic, Belgium, and the Netherlands.

Emperor Watch & Jewellery

Market Cap: €1.3b

An investment holding company, engages in the sale of watches and jewelry products.

Jumbo

Market Cap: €3.6b

Engages in the retail sale of toys, baby products, gift articles, household products, stationery, seasonal and decoration items, books, and related products primarily in Greece, Cyprus, Bulgaria, and Romania.

Multi Indocitra

Market Cap: €292.4b

Produces and distributes baby and health care products, and cosmetics in Indonesia.

Inchcape

Market Cap: €2.8b

Operates as an automotive distributor and retailer.

Myer Holdings

Market Cap: €1.3b

Operates department stores in Australia and New Zealand.

Williams-Sonoma

Market Cap: €20.6b

Operates as an omni-channel specialty retailer of various products for home.

D-Market Elektronik Hizmetler ve Ticaret

Market Cap: €1.1b

D-Market Elektronik Hizmetler ve Ticaret A.S.

H & M Hennes & Mauritz

Market Cap: €216.3b

Provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide.

Moonpig Group

Market Cap: €692.0m

Provides online greeting cards and gifts in the Netherlands and the United Kingdom.

Kingfisher

Market Cap: €4.7b

Supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally.

WH Smith

Market Cap: €1.3b

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

Gear4music (Holdings)

Market Cap: €29.9m

Engages in the retail of musical instruments and equipment in the United Kingdom, rest of Europe, and internationally.

Delticom

Market Cap: €34.6m

Engages in online sales of tires and wheels in Europe.

Prosus

Market Cap: €103.0b

Engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally.

Aspial Lifestyle

Market Cap: €220.9m

An investment holding company, retails and trades in jewelry and branded merchandise in Singapore and internationally.

Kamux Oyj

Market Cap: €99.5m

Engages in the wholesale and retail of used cars in Finland, Sweden, and Germany.

Yamada Holdings

Market Cap: €297.6b

Operates in the consumer electronics retailing activities in Japan and internationally.

Aritzia

Market Cap: €6.0b

Designs, develops, and sells apparels and accessories for women in the United States and Canada.

Farfetch

Market Cap: €7.4m

Operates a platform for the luxury fashion industry in the United States, the United Kingdom, and internationally.

Pet Valu Holdings

Market Cap: €1.7b

Engages in the retail and wholesale of pet foods and pet-related supplies for dogs, cats, fish, birds, reptiles, and small animals in Canada.