German Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Nilfisk Holding

Market Cap: €2.5b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Exxaro Resources

Market Cap: €35.5b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Teva Pharmaceutical Industries

Market Cap: €19.7b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

ProCredit Holding

Market Cap: €618.4m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Amneal Pharmaceuticals

Market Cap: €2.3b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Huhtamäki Oyj

Market Cap: €3.4b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Genpact

Market Cap: €7.5b

Provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe.

Taylor Morrison Home

Market Cap: €5.8b

Operates as a land developer and homebuilder in the United States.

Renew Holdings

Market Cap: €657.0m

Provides engineering services in the United Kingdom.

Ultimate Products

Market Cap: €62.8m

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

Robert Walters

Market Cap: €137.5m

Provides professional recruitment consultancy services worldwide.

Lithia Motors

Market Cap: €8.2b

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

TotalEnergies

Market Cap: €114.7b

A multi-energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, and internationally.

Sanofi

Market Cap: €106.6b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Aica Kogyo Company

Market Cap: €227.2b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Pollard Banknote

Market Cap: €562.2m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Bertrandt

Market Cap: €224.9m

Provides engineering services.

CENIT

Market Cap: €77.2m

Operates as an IT consultancy and software company that serves manufacturing and financial services industries in Germany, Austria, Switzerland, North America, Romania, France, Belgium, the Netherlands, and China.

Tsingtao Brewery

Market Cap: €93.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Pierre et Vacances

Market Cap: €671.5m

Engages in the property development and tourism businesses in Europe and internationally.

ProCredit Holding

Market Cap: €579.6m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Royalty Pharma

Market Cap: €18.8b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

GFT Technologies

Market Cap: €625.3m

Provides digital transformation services.

MINISO Group Holding

Market Cap: €5.6b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Arnoldo Mondadori Editore

Market Cap: €560.7m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

Asahi Group Holdings

Market Cap: €2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Origin Enterprises

Market Cap: €378.3m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Bidvest Group

Market Cap: €80.7b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Bosideng International Holdings

Market Cap: €50.1b

Engages in the apparel business in the People’s Republic of China.

ACM Research

Market Cap: €1.5b

Develops, manufactures, and sells capital equipment worldwide.

DOF Group

Market Cap: €21.9b

Owns and operates a fleet of offshore and subsea vessels.

China Hongqiao Group

Market Cap: €131.4b

An investment holding company, manufactures and sells aluminum products.

Regional Management

Market Cap: €266.4m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Kumba Iron Ore

Market Cap: €91.8b

Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa.