German Potentially Undervalued Companies

Alkane Resources

Market Cap: €463.2m

Operates as a gold exploration and production company in Australia.

Sitio Royalties

Market Cap: €2.6b

Acquires, owns, and manages mineral and royalty interests across premium basins in the United States.

Euroz Hartleys Group

Market Cap: €133.2m

A diversified financial services company, provides stockbroking, corporate finance, funds management, investment advice, financial advisory, and wealth management services to private, institutional, and corporate clients in Australia.

Com.Tel

Market Cap: €35.9m

Provides information and communications technology system integration solutions for companies in Italy.

Monadelphous Group

Market Cap: €1.5b

An engineering group, engages in the provision of construction, maintenance, and industrial services to resources, energy, and infrastructure sectors in Australia, China, Mongolia, Papua New Guinea, China, the Philippines, and internationally.

SENKO Group Holdings

Market Cap: €276.7b

Operates as a logistics company worldwide.

Dexelance

Market Cap: €216.4m

Develops and promotes a hub of Italian design furniture and lightings.

InvenTrust Properties

Market Cap: €2.1b

InvenTrust Properties Corp. (the “Company,” "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.

NorthWestern Energy Group

Market Cap: €3.6b

Provides electricity and natural gas to residential, commercial, and various industrial customers.

M1 Kliniken

Market Cap: €315.1m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Land and Houses

Market Cap: €52.1b

Engages in the property development activities in Thailand and the United States of America.

Water Intelligence

Market Cap: €56.3m

Provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Australia, Canada, and internationally.

Burford Capital

Market Cap: €2.3b

Provides legal finance products and services worldwide.

Premier Foods

Market Cap: €1.7b

Manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally.

YPF Sociedad Anónima

Market Cap: €15.3t

An energy company, engages in the oil and gas upstream and downstream activities in Argentina.

Sylvamo

Market Cap: €2.7b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Spruce Power Holding

Market Cap: €50.4m

Owns and operates distributed solar energy assets in the United States.

SilverCrest Metals

Market Cap: €2.5b

Engages in the acquiring, exploration, and development of precious metal properties in Mexico.

Corem Property Group

Market Cap: €10.9b

A real estate company, owns, manages, develops, and leases office, warehouse, logistics, and retail properties in Sweden, Denmark, and the United States.

CAB Payments Holdings

Market Cap: €140.8m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, development organizations, and governments in the United Kingdom and internationally.

Capelli

Market Cap: €12.6m

Operates as a real estate development company in France, Switzerland, Luxembourg, and internationally.

Heineken Holding

Market Cap: €20.7b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

Transaction Capital

Market Cap: €4.9b

Through its subsidiary, Nutun Holdings Proprietary Limited, provides business process outsourcing solutions (BPO) in South Africa, Australia, the United Kingdom, and the United States.

Ningbo ShanshanLtd

Market Cap: €33.9b

Provides lithium battery materials in China and internationally.

Technip Energies

Market Cap: €4.0b

Operates as an engineering and technology company for the energy transition in Europe, Central Asia, the Asia Pacific, Africa, the Middle East, and the Americas.

Telstra Group

Market Cap: €44.2b

Engages in the provision of telecommunications and information services to businesses, government, and individuals in Australia and internationally.

SBI Rheos Hifumi

Market Cap: €14.6b

A privately owned investment manager.

Companhia Paranaense de Energia - COPEL

Market Cap: US$26.6b

Engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil.

Cowen

Market Cap: €1.1b

Cowen Inc., together with its subsidiaries, provides investment banking, research, sales and trading, prime brokerage, global clearing, securities financing, commission management, and investment management services in the United States and internationally.

AVEO Pharmaceuticals

Market Cap: €521.4m

AVEO Pharmaceuticals, Inc., an oncology-focused biopharmaceutical company, focuses on developing and commercializing medicines for patients with cancer.

Change Healthcare

Market Cap: €9.0b

Change Healthcare Inc., an independent healthcare technology company, provides data and analytics-driven solutions to enhance clinical, financial, administrative, and patient engagement outcomes in the United States healthcare system.

Pzena Investment Management

Market Cap: €711.0m

Pzena Investment Management, Inc. is a employee owned investment manager.

Enzon Pharmaceuticals

Market Cap: €6.7m

Does not have significant operations.

Pathward Financial

Market Cap: €1.3b

Operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States.

Keda Industrial Group

Market Cap: €20.6b

Manufactures and sells building material machinery in China and internationally.

Sharps Compliance

Market Cap: €170.6m

Sharps Compliance Corp. provides medical, pharmaceutical, and hazardous waste management services in the United States.