German Potentially Undervalued Companies

Grounds Real Estate Development

Market Cap: €28.7m

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

mVISE

Market Cap: €9.3m

Provides IT consultancy services in Germany.

T-Mobile US

Market Cap: €270.5b

Provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands.

Sunny Optical Technology (Group)

Market Cap: €89.1b

An investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments.

Digital Value

Market Cap: €327.3m

Provides information and communication technology (ICT) solutions and services in Italy.

Shimao Services Holdings

Market Cap: €1.9b

An investment holding company, provides property management and city services in the People’s Republic of China.

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.

First Citizens BancShares

Market Cap: €24.9b

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.

LleidaNetworks Serveis Telemàtics

Market Cap: €25.3m

Operates as a teleoperator for short message management services through the internet in Spain and internationally.

Kingdee International Software Group

Market Cap: €58.0b

An investment holding company, engages in the enterprise resource planning business.

Xenia Hotels & Resorts

Market Cap: €1.5b

A self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States.

Nippon Television Holdings

Market Cap: €1.0t

Operates as a media and content company in Japan.

Banca Mediolanum

Market Cap: €12.7b

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

Superior Plus

Market Cap: €1.7b

Distributes propane, compressed natural gas, and renewable energy and related products and services in the United States and Canada.

Pensana

Market Cap: €354.3m

Engages in the exploration and development of mineral properties in the United Kingdom and Angola.

CVC Capital Partners

Market Cap: €16.4b

A private equity and venture capital firm specializing in middle market secondaries, infrastructure and credit, management buyouts, leveraged buyouts, growth equity, mature, recapitalizations, strip sales, and spinouts.

Enka Insaat ve Sanayi

Market Cap: €391.9b

Operates as a construction company in Turkey, Russia, Kazakhstan, Georgia, Europe, and internationally.

Corteva

Market Cap: €48.7b

Operates in the agriculture business.

Sany Heavy Equipment International Holdings

Market Cap: €22.9b

Manufactures and sells mining and logistics equipment, electricity, power station project products, petroleum and new energy manufacturing equipment, spare parts, and related services.

Stride

Market Cap: €6.8b

Provides proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally.

Greggs

Market Cap: €1.6b

Operates as a food-on-the-go retailer in the United Kingdom.

Alcon

Market Cap: €30.9b

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

Bossard Holding

Market Cap: €1.3b

Provides industrial fastening and assembly solutions in Europe, the United States, and Asia.

Sunrise Communications

Market Cap: €4.5b

Provides telecommunications services to residential and business customers in Switzerland.

XPEL

Market Cap: €989.6m

Manufactures, installs, sells, and distributes protective films, coatings and related services.

CSG Systems International

Market Cap: €1.7b

Provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Masimo

Market Cap: €7.9b

Develops, manufactures, and markets various patient monitoring technologies, and automation and connectivity solutions worldwide.

SalMar

Market Cap: €74.1b

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

China Eastern Airlines

Market Cap: €83.2b

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

CK Asset Holdings

Market Cap: €133.1b

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

Canaccord Genuity Group

Market Cap: €1.0b

Operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia.

Promotora de Informaciones

Market Cap: €497.2m

Engages in the exploitation of media in Spain and internationally.

International School Augsburg -ISA- gemeinnützige

Market Cap: €3.2m

Operates an international day school with medium the language of instruction in English in Germany.

Powell Industries

Market Cap: €3.3b

Designs, develops, manufactures, sells, and services custom-engineered equipment and systems.

Optomed Oyj

Market Cap: €73.9m

Manufactures and sells handheld fundus cameras in Finland, rest of Europe, and internationally.

OC Oerlikon

Market Cap: €949.5m

Provides surface engineering, polymer processing, and additive manufacturing services in Europe, the Americas, and the Asia-Pacific.