German Potentially Undervalued Companies

Abercrombie & Fitch

Market Cap: €4.4b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Petershill Partners

Market Cap: €2.6b

Petershill Partners plc, formerly known as Delta Epsilon plc, is a private equity firm operating as general partner solutions firm.

M/I Homes

Market Cap: €4.1b

Engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee.

LendInvest

Market Cap: €54.6m

Operates as an asset management platform for property finance in the United Kingdom.

SF Real Estate Investment Trust

Market Cap: €2.3b

SF Real Estate Investment Trust (“SF REIT”) is the first logistics properties focused real estate investment trust (“REIT”) listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).

Pennon Group

Market Cap: €2.2b

Provides water and wastewater services in the United Kingdom.

Cromwell Property Group

Market Cap: €1.3b

Cromwell Property Group (ASX: CMW) is a real estate investor and manager with $4.5 billion of assets under management in Australia and New Zealand.

First Hawaiian

Market Cap: €3.2b

Operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States.

RWE

Market Cap: €26.0b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Blue Cap

Market Cap: €90.7m

A private equity firm specializes in middle market, late stage, mature, turnaround, recapitalization, buyout, special situations, restructuring, corporate carve-out, and growth capital investments.

PowerFleet

Market Cap: €693.7m

Provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally.

GlobalData

Market Cap: €1.2b

Operates as a data, insight, and technology company in Europe, North America, and the Asia Pacific.

Mastermyne Group

Market Cap: €45.8m

Provides mine operation, contracting, training, and related services in the mining and supporting industries in Australia.

Tokyu Fudosan Holdings

Market Cap: €903.0b

Engages in the real estate business in Japan and internationally.

Kaufman & Broad

Market Cap: €570.7m

Operates as a property developer and builder in France.

Peel Hunt

Market Cap: €127.1m

Engages in the integrated investment banking, research and distribution, and execution service businesses in the United Kingdom.

Paramount Group

Market Cap: €1.7b

Paramount Group, Inc. ("Paramount" or the "Company") is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco.

Lloyds Banking Group

Market Cap: €48.6b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

Inspiration Healthcare Group

Market Cap: €18.5m

Designs, manufactures, and sells medical technology products worldwide.

Aston Martin Lagonda Global Holdings

Market Cap: €744.7m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.

AS Tallinna Vesi

Market Cap: €212.0m

A water utility company, provides drinking water and wastewater services in Estonia.

Sinopec Kantons Holdings

Market Cap: €10.7b

An investment holding company, provides crude oil jetty services.

Ambu

Market Cap: €25.8b

A medical technology company, develops, produces, and sells medical devices to hospitals, clinics, and rescue services worldwide.

Svenska Handelsbanken

Market Cap: €240.2b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

SalMar

Market Cap: €74.5b

An aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally.

Toyota Motor

Market Cap: €37.7t

Designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East.

Ranger Energy Services

Market Cap: €305.8m

Provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States.

Seatrium

Market Cap: €8.0b

Provides engineering solutions to the offshore, marine, and energy industries.

Ibstock

Market Cap: €533.6m

Manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom.

YSB

Market Cap: €6.4b

Develops digital pharmaceutical platform for pharmaceutical companies, distributors, vendors, pharmacies, and primary healthcare institutions in China.

Beiersdorf

Market Cap: €20.6b

Manufactures and distributes consumer goods in Europe, the United States, Africa, Asia, and Australia.

Gofore Oyj

Market Cap: €237.0m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

Oxford Instruments

Market Cap: €1.0b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally.

Wästbygg Gruppen

Market Cap: €530.4m

Operates as a construction and project development company in Sweden, Norway, Denmark, and Finland.

Buzzi

Market Cap: €8.8b

Manufactures, distributes, and sells cement, ready-mix concrete, and aggregates.

Energoaparatura

Market Cap: €57.1m

Operates in construction and assembly services business in Poland.