German Potentially Undervalued Companies

Andritz

Market Cap: €6.0b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

ODP

Market Cap: €620.6m

Provides business products, services and supplies, and digital workplace technology solutions to small, medium, and enterprise-level businesses in the United States, Puerto Rico, the U.S.

Rubis

Market Cap: €3.0b

Engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean.

Align Technology

Market Cap: €9.9b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Powszechny Zaklad Ubezpieczen

Market Cap: €53.3b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Taylor Morrison Home

Market Cap: €6.9b

Operates as a land developer and homebuilder in the United States.

GSK

Market Cap: €59.6b

Engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally.

ANTA Sports Products

Market Cap: €268.1b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

Tiny

Market Cap: €198.8m

A venture capital and private equity firm specializing in buyouts.

Boxlight

Market Cap: €4.6m

Designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally.

HelloFresh

Market Cap: €1.2b

Operates as meal kit provider for home industry.

ForFarmers

Market Cap: €388.9m

Provides feed solutions for conventional and organic livestock farming under the ForFarmers brand in the Netherlands, the United Kingdom, Germany, Poland, Belgium, and internationally.

USANA Health Sciences

Market Cap: €554.7m

Develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe.

SNGN Romgaz

Market Cap: €30.1b

Explores for, produces, and supplies natural gas in Romania.

TSUKADA GLOBAL HOLDINGS

Market Cap: €34.1b

Through its subsidiaries, engages in the planning, development, and ownership of guest houses, hotels, and restaurants in Japan and internationally.

Vallourec

Market Cap: €3.6b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Central Asia Metals

Market Cap: €302.1m

Operates as a base metals producer.

Awilco LNG

Market Cap: €463.9m

Owns and operates liquefied natural gas (LNG) vessels in Norway.

Leidos Holdings

Market Cap: €23.0b

Provides services and solutions for government and commercial customers in the United States and internationally.

d'Amico International Shipping

Market Cap: €503.9m

Through its subsidiaries, operates as a marine transportation company worldwide.

Northern Oil and Gas

Market Cap: €2.4b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Comcast

Market Cap: €124.3b

Operates as a media and technology company worldwide.

Cactus

Market Cap: €3.3b

Designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally.

iomart Group

Market Cap: €24.1m

Engages in the provision of cloud and managed hosting services in the United Kingdom and internationally.

SK Telecom

Market Cap: €11.5t

Engages in the provision of wireless telecommunication services in South Korea.

TPI Composites

Market Cap: €1.5m

Manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India.

Vodafone Group

Market Cap: €21.2b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Verizon Communications

Market Cap: €183.7b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

Novo Nordisk

Market Cap: €1.5t

Engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

A.S. Création Tapeten

Market Cap: €21.2m

Manufactures and sells wallpapers in Germany and internationally.

LION E-Mobility

Market Cap: €15.5m

Through its subsidiaries, engages in the development, production, and distribution of battery modules and packs, and battery management systems in Switzerland.

Lockheed Martin

Market Cap: €106.7b

An aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

LPKF Laser & Electronics

Market Cap: €191.5m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

freenet

Market Cap: €3.3b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

CENIT

Market Cap: €60.9m

Provides software solutions and associated software consulting and integration services.

Viatris

Market Cap: €12.2b

Operates as a healthcare company in North America, Europe, China, Taiwan, Hong Kong, Japan, Australia, New Zealand, rest of Asia, Africa, Latin America, and the Middle East.