German Potentially Undervalued Companies

AstroNova

Market Cap: €68.1m

Designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally.

MHP

Market Cap: €525.6m

Engages in the poultry and related business in Ukraine and internationally.

Koç Holding

Market Cap: €407.3b

Through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally.

Valuetronics Holdings

Market Cap: €255.1m

An investment holding company, provides integrated electronics manufacturing services (EMS).

Tinexta

Market Cap: €380.7m

Together its subsidiaries, provides digital trust, cybersecurity, and business innovation services for professionals, institutions, and businesses in Italy and internationally.

Clabo

Market Cap: €10.2m

Designs, produces, and distributes refrigerated display cases and furniture for the food retail market worldwide.

Unibail-Rodamco-Westfield

Market Cap: €9.7b

Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States.

Tele Columbus

Market Cap: €164.6m

Operates fiber optic networks in Germany.

American Express

Market Cap: €173.7b

Operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally.

Commerce Bancshares

Market Cap: €7.7b

Operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States.

Marimaca Copper

Market Cap: €516.0m

Engages in the exploration and development of base metal projects in Canada and Chile.

Insignia Financial

Market Cap: €2.6b

Provides financial advice, platforms, and asset management services in Australia.

Delticom

Market Cap: €32.7m

Engages in online sales of tires and wheels in Europe.

Advanced Medical Solutions Group

Market Cap: €453.4m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

Commerzbank

Market Cap: €24.1b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally.

Toyota Industries

Market Cap: €3.5t

Manufactures and sells textiles machinery, materials handling equipment, automobiles, and automobile parts in Japan, the United States, and internationally.

Malibu Boats

Market Cap: €573.0m

Designs, engineers, manufactures, markets, and sells a range of recreational powerboats.

Global Crossing Airlines Group

Market Cap: €62.7m

Provides air transport services in the United States, Europe, Canada, and Central and South America.

Verrica Pharmaceuticals

Market Cap: €38.5m

A clinical-stage dermatology therapeutics company, engages in the development and sales of medications for the treatment of skin diseases in the United States.

learnd

Market Cap: €68.8m

Through its subsidiaries, provides building management and energy systems in the United Kingdom.

Kokusai Electric

Market Cap: €489.8b

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Springer Nature KGaA

Market Cap: €3.5b

Operates as a research, health, educational, and professional publisher worldwide.

Hisamitsu Pharmaceutical

Market Cap: €293.6b

Manufactures and sells pharmaceuticals in Japan.

TherapeuticsMD

Market Cap: €11.2m

Operates as a pharmaceutical royalty company in the United States.

CoreCivic

Market Cap: €2.2b

Owns and operates partnership correctional, detention, and residential reentry facilities in the United States.

McKesson

Market Cap: €89.9b

Provides healthcare services in the United States and internationally.

Siemens

Market Cap: €145.3b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

F.I.L.A. - Fabbrica Italiana Lapis ed Affini

Market Cap: €514.4m

F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.

Lloyds Banking Group

Market Cap: €39.1b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

Armada Hoffler Properties

Market Cap: €701.1m

Armada Hoffler Properties, Inc. (the "Company") is a vertically integrated, self-managed real estate investment trust ("REIT") with over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.

InPost

Market Cap: €6.4b

Operates as an out-of-home e-commerce enablement platform providing parcel locker services in Poland and other European countries.

Cumulus Media

Market Cap: €7.5m

An audio-first media company, owns and operates radio stations in the United States.

Mitsubishi Estate

Market Cap: €3.0t

Engages in the real estate activities in Japan and internationally.

Monash IVF Group

Market Cap: €411.1m

Provides assisted reproductive and specialist women imaging services in Australia and Malaysia.

Artivion

Market Cap: €1.0b

Manufactures, processes, and distributes medical devices and implantable human tissues worldwide.

V2X

Market Cap: €1.5b

Provides critical mission solutions and support services to defense customers worldwide.