German Potentially Undervalued Companies

Tribal Group

Market Cap: €141.9m

Through its subsidiaries, provides software and services to education institutions worldwide.

Norditek Group

Market Cap: €188.1m

Develops, sells, leases, or rents out crushers, sorting plants, and self-developed machines to recycle and convert materials into salable products in Sweden.

Peijia Medical

Market Cap: €4.9b

Engages in the research, development, manufacturing, and sales of transcatheter valve therapeutic and neurointerventional procedural medical devices in the People’s Republic of China.

Sinopec Kantons Holdings

Market Cap: €10.7b

An investment holding company, provides crude oil jetty services.

Soitec

Market Cap: €1.1b

Develops and manufactures semiconductor materials in Asia, Europe, and the United States.

Industrie Chimiche Forestali

Market Cap: €37.8m

Designs, manufactures, and markets adhesives and fabrics for footwear, leather goods, packaging, automotive, clothing, upholstered furniture, boating, cement, gloss lamination, and other industrial applications in Italy and internationally.

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.

argenx

Market Cap: €39.4b

A commercial-stage biopharma company, develops various therapies for the treatment of autoimmune diseases in the United States, Japan, China, the Netherlands, and internationally.

DLH Holdings

Market Cap: €79.1m

Provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States.

TAG Immobilien

Market Cap: €2.8b

A real estate company, engages in the acquisition, development, and management of residential real estate properties in Germany.

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.

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.

Schroders

Market Cap: €5.9b

A publicly owned investment manager.

Canfor

Market Cap: €1.6b

Operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally.

Borr Drilling

Market Cap: €878.7m

Operates as an offshore shallow-water drilling contractor to the oil and gas industry in the United States, the Middle East, South East Asia, Europe, Latin America, and West Africa.

Seatrium

Market Cap: €8.0b

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

UCB

Market Cap: €39.4b

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

TransDigm Group

Market Cap: €72.9b

Designs, produces, and supplies aircraft components in the United States and internationally.

China Yongda Automobiles Services Holdings

Market Cap: €3.8b

An investment holding company, operates as a passenger vehicle retailer and service provider for luxury and ultra-luxury brands in the People’s Republic of China.

Nedap

Market Cap: €616.7m

Develops and manufactures electronic equipment and software in the Netherlands, Germany, rest of Europe, North America, and internationally.

UniCredit

Market Cap: €103.9b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Ipsen

Market Cap: €9.8b

Operates as a biopharmaceutical company worldwide.

Airthings

Market Cap: €28.1m

A hardware-enabled software company, engages in the development of products and systems for monitoring indoor air quality, radon, and energy efficiency worldwide.

Alimentation Couche-Tard

Market Cap: €69.5b

Operates and licenses convenience stores in North America, Europe, and Asia.

eHealth

Market Cap: €124.1m

Operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States.

CK Hutchison Holdings

Market Cap: €200.9b

An investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong, Mainland China, Europe, Canada, Asia, Australia, and internationally.

Wall Financial

Market Cap: €496.4m

Operates as a real estate investment and development company in Canada.

Galaxy Digital

Market Cap: €10.9b

Engages in the digital asset and data center infrastructure businesses.

Gabriel Holding

Market Cap: €453.6m

Develops, manufactures, and sells upholstery fabrics, components, upholstered surfaces, and related products and services in Denmark, other European Countries, the United States, Mexico, Asia, and internationally.

Metro

Market Cap: €1.9b

Operates as a food wholesale company in Germany and internationally.

Hologic

Market Cap: €14.3b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Novavax

Market Cap: €1.3b

A biotechnology company, engages in the discovering, developing, and commercializing vaccines to protect against serious infectious diseases in the United States, Europe, and internationally.

GameStop

Market Cap: €11.2b

A specialty retailer, provides games and entertainment products through its stores and e-commerce platforms in the United States, Canada, Australia, and Europe.

Cardinal Energy

Market Cap: €1.2b

Engages in the acquisition, exploration, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan in Canada.

Allianz

Market Cap: €135.1b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.