German Potentially Undervalued Companies

Straumann Holding

Market Cap: €14.7b

Provides tooth replacement and orthodontic solutions worldwide.

Petco Health and Wellness Company

Market Cap: €969.7m

Operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico.

Ponsse Oyj

Market Cap: €707.9m

Operates as manufacturer of cut-to-length forest machines Nordic and Baltic countries, Central and Southern Europe, South America and North America, Asia, Australia, and Africa.

mobilezone holding ag

Market Cap: €490.3m

Provides mobile and fixed-line telephony, television, and Internet services for various network operators in Germany and Switzerland.

Light

Market Cap: €1.9b

Engages in the generation, transmission, distribution, and sale of electric power in Brazil.

Hydrofarm Holdings Group

Market Cap: €18.0m

Manufactures and distributes hydroponics equipment and supplies for controlled environment agriculture (CEA) in the United States and Canada.

SHS VIVEON

Market Cap: €7.5m

SHS Viveon AG provides consultancy and software solutions for the management of credit risks in Europe.

Flywire

Market Cap: €1.4b

Operates as a payments enablement and software company in the United States and internationally.

Sangui Biotech International

Market Cap: €419.8k

Through its subsidiaries, engages in the manufacturing and sales of wound treatment and cosmetic products.

Telkom SA SOC

Market Cap: €11.7b

Operates as an integrated communications and information technology (IT) services provider in South Africa, the United States, the United Kingdom, rest of Europe, and internationally.

Umanis

Market Cap: €309.3m

Umanis SA operates as a digital service company in France.

Turquoise Hill Resources

Market Cap: €8.7b

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company.

Azelis Group

Market Cap: €3.6b

Engages in the distribution and sale of specialty chemicals and food ingredients.

Far East Holdings International

Market Cap: €62.1m

An investment holding company, engages in property investment and securities investment businesses in Hong Kong.

Lufax Holding

Market Cap: €2.7b

Operates as a financial service empowering institution for small and micro businesses in China.

Etteplan Oyj

Market Cap: €263.9m

Provides software and embedded, industrial equipment and plant engineering, and technical communication solutions in Finland, Scandinavia, China, and Central Europe.

Azul

Market Cap: €536.0m

Provides air transportation services in Brazil and internationally.

Ekso Bionics Holdings

Market Cap: €9.8m

Designs, develops, sells, and rents exoskeleton products in the Americas, Germany, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Dun & Bradstreet Holdings

Market Cap: €4.1b

Provides business to business data and analytics in North America and internationally.

Linklogis

Market Cap: €6.4b

An investment holding company, provides supply chain finance technology and data-driven emerging solutions in the People’s Republic of China and internationally.

Haugesund Sparebank

Market Cap: €348.8m

A savings bank, provides various financial products and services to individuals and corporate customers in Norway.

Rockwool

Market Cap: €50.9b

Produces and sells stone wool insulation products in Western Europe, Eastern Europe, Russia, North America, Asia, and internationally.

Exosens

Market Cap: €2.2b

Engages in the development, manufacture, and sale of electro-optical technologies in the fields of amplification, and detection and imaging in France, rest of Europe, North America, Asia, Oceania, Africa, and internationally.

Carrefour

Market Cap: €8.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Fair Value REIT-AG

Market Cap: €51.3m

A real estate investment trust focused on owning and managing commercial real estate Commercial real estate in German regional centers.

DEUTZ

Market Cap: €1.3b

Develops, manufactures, and sells diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Kellanova

Market Cap: €27.7b

Manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

PTT Exploration and Production

Market Cap: €448.6b

Engages in the exploration, development, and production of petroleum in Thailand and internationally.

Primary Health Properties

Market Cap: €1.2b

Primary Health Properties PLC (“PHP”) is a UK Real Estate Investment Trust (“REIT”) and leading investor in modern primary healthcare premises.

ORBIS

Market Cap: €57.0m

Provides software and business consultancy services to the automotive supplies, construction supplies, electrical and electronics, mechanical and plant engineering, logistics, metal, and consumer goods and trade industries in Germany and internationally.

Telix Pharmaceuticals

Market Cap: €4.6b

A commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals.

Etteplan Oyj

Market Cap: €255.0m

Provides software and embedded, industrial equipment and plant engineering, and technical communication solutions in Finland, Scandinavia, China, and Central Europe.

Crown Holdings

Market Cap: €11.2b

Engages in the packaging business in the United States and internationally.

Telecom Plus

Market Cap: €1.5b

Provides utility services in the United Kingdom.

Rosenbauer International

Market Cap: €475.3m

Engages in the provision of systems for preventive firefighting and disaster protection technology worldwide.

Myers Industries

Market Cap: €611.6m

Engages in distribution of tire service supplies in Ohio.