German Potentially Undervalued Companies

Investec Group

Market Cap: €114.1b

Provides various financial products and services in South Africa, the United Kingdom, and internationally.

Tilray Brands

Market Cap: €1.3b

A lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally.

Tate & Lyle

Market Cap: €2.3b

Engages in the provision of ingredients and solutions to the food, beverages, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe.

QinetiQ Group

Market Cap: €2.7b

Provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

Trinseo

Market Cap: €87.7m

Provides specialty material solutions in the United States, Europe, the Asia-Pacific, and internationally.

New Oriental Education & Technology Group

Market Cap: €8.8b

New Oriental Education & Technology Group Inc.

Autolus Therapeutics

Market Cap: €367.3m

A clinical-stage biopharmaceutical company, develops T cell therapies for the treatment of cancer and autoimmune diseases in United Kingdom and internationally.

Castle Biosciences

Market Cap: €621.4m

A molecular diagnostics company, provides test solutions for the diagnosis and treatment of dermatologic cancers, Barrett’s esophagus (BE), uveal melanoma, and mental health conditions.

Supernus Pharmaceuticals

Market Cap: €2.5b

A biopharmaceutical company, develops and commercializes products for the treatment of central nervous system (CNS) diseases in the United States.

Intuit

Market Cap: €180.1b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

Kumba Iron Ore

Market Cap: €103.1b

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

Vishay Intertechnology

Market Cap: €2.1b

Manufactures and sells discrete semiconductors and passive electronic components in the United States, Germany, rest of Europe, Israel, and Asia.

GF Securities

Market Cap: €154.2b

Provides capital market services for corporations, individuals, institutional investors, financial institutions, and government clients in the People’s Republic of China.

Compañía de Minas BuenaventuraA

Market Cap: €5.1b

Engages in the exploration, mining, concentration, smelting, and marketing of polymetallic ores and metals in Peru.

ING Groep

Market Cap: €60.9b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Forge Resources

Market Cap: €52.4m

Engages in the exploration and development of natural resource properties in Canada, Colombia, and Mexico.

Hong Kong and China Gas

Market Cap: €132.3b

Produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China.

DSM-Firmenich

Market Cap: €21.1b

Provides nutrition, health, and beauty solutions in Switzerland, the Netherlands, rest of Europe, the Middle East and Africa, North America, Latin America, China, and rest of Asia.

DSV

Market Cap: €321.3b

Offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific.

First Tractor

Market Cap: €13.5b

Engages in the manufacturing and sale of agricultural machinery and power machinery.

Admiralty Resources

Market Cap: €15.8m

Engages in the mineral exploration business in Australia and Chile.

Austal

Market Cap: €3.4b

Engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America.

INSPECS Group

Market Cap: €43.7m

Designs, produces, sells, markets, and distributes fashion eyewear, lenses, and OEM products in the United Kingdom, Europe, North America, South America, Asia, Africa, and Australia.

ALK-Abelló

Market Cap: €45.6b

Operates as an allergy solutions company in Europe, North America, and internationally.

Vault Minerals

Market Cap: €4.5b

Engages in the exploration, mine development, mine operations and the sale of gold and gold/copper concentrate in Australia and Canada.

Mondelez International

Market Cap: €80.2b

Through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe.

Itissalat Al-Maghrib (IAM)

Market Cap: €107.6b

Provides various telecommunication solutions in Morocco and internationally.

Verbio

Market Cap: €640.3m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.

IRSA Inversiones y Representaciones Sociedad Anónima

Market Cap: €1.3t

Engages in the diversified real estate activities in Argentina.

Ansell

Market Cap: €4.9b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

UCB

Market Cap: €39.4b

A biopharmaceutical company, develops products and solutions for people with neurology and immunology diseases worldwide.

Knorr-Bremse

Market Cap: €13.8b

Develops, produces, and markets brake systems for rail and commercial vehicles and other safety-critical systems worldwide.

Honeywell International

Market Cap: €134.3b

Engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.

EMCOR Group

Market Cap: €28.2b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Grand City Properties

Market Cap: €1.9b

Engages in the residential real estate business in Germany, the United Kingdom, and internationally.

Mitek Systems

Market Cap: €467.4m

Provides mobile image capture and digital identity verification solutions worldwide.