German Potentially Undervalued Companies

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.

First Citizens BancShares

Market Cap: €25.0b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Alexander & Baldwin

Market Cap: €1.4b

Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers.

Frequentis

Market Cap: €785.9m

Develops and markets communication and information systems for safety-critical control centers in Europe, North America, Asia, Australia, South America, Middle East, Africa, and worldwide.

Himax Technologies

Market Cap: €1.5b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally.

China Eastern Airlines

Market Cap: €82.4b

Operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

CK Asset Holdings

Market Cap: €134.5b

Operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada.

SalMar

Market Cap: €74.5b

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

NGK Insulators

Market Cap: €717.0b

Manufactures and sells electric power related equipment in Japan, rest of Asia, North America, Europe, and internationally.

PGE Polska Grupa Energetyczna

Market Cap: €24.7b

Engages in the production and distribution of electricity and heat in Poland.

HSBC Holdings

Market Cap: €173.7b

Engages in the provision of banking and financial products and services worldwide.

Etsy

Market Cap: €5.9b

Operates two-sided online marketplaces that connect buyers and sellers worldwide.

DXP Enterprises

Market Cap: €1.9b

Engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States, Canada, and internationally.

Alcon

Market Cap: €31.0b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

Honeywell International

Market Cap: €136.7b

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

Mesoblast

Market Cap: €2.8b

Engages in the development of regenerative medicine products in Australia, the United States, Singapore, and Switzerland.

RE/MAX Holdings

Market Cap: €323.3m

Operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally.

CareTrust REIT

Market Cap: €7.6b

CareTrust REIT is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties.

TP ICAP Group

Market Cap: €2.1b

Provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Fleury Michon

Market Cap: €97.8m

Produces and sells food products in France and internationally.

RH

Market Cap: €4.3b

Operates as a retailer and lifestyle brand in the home furnishings market in the United States, Canada, the United Kingdom, Germany, Belgium, and Spain.

Simply Good Foods

Market Cap: €2.8b

A consumer-packaged food and beverage company, engages in the development, marketing, and sale of snacks and meal replacements, and other products in North America and internationally.

Equinix

Market Cap: €78.0b

Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world.

flatexDEGIRO

Market Cap: €2.9b

Provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe.

NanoRepro

Market Cap: €22.5m

Develops, manufactures, and distributes rapid diagnostic tests and food supplements for home and professional use in Germany and internationally.

Amcor

Market Cap: €19.2b

Engages in the production and sale of packaging products in Europe, North America, Latin America, and the Asia Pacific.

First Busey

Market Cap: €2.2b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

Vertex Pharmaceuticals

Market Cap: €101.9b

A biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF).

Equity Residential

Market Cap: €26.3b

Equity Residential is committed to creating communities where people thrive.

Enbridge

Market Cap: €147.2b

Operates as an energy infrastructure company.

Charoen Pokphand Foods

Market Cap: €193.7b

Together its subsidiaries, operates in the agro-industrial and integrated food businesses in Thailand and internationally.

W5 Solutions

Market Cap: €1.1b

Manufactures and supplies systems and solutions for the defense and civil security sectors in Sweden.

Banca Mediolanum

Market Cap: €12.8b

Engages in the provision of various banking products and services in Italy.