German Potentially Undervalued Companies

United Parcel Service

Market Cap: €93.2b

A package delivery and logistics provider, offers transportation and delivery services.

AT&T

Market Cap: €203.0b

Provides telecommunications and technology services worldwide.

Amazon.com

Market Cap: €2.0t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Chart Industries

Market Cap: €6.5b

Engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally.

Modine Manufacturing

Market Cap: €4.0b

Provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally.

Novem Group

Market Cap: €182.4m

Develops and supplies trim elements and decorative function elements in car interiors for automotive industry in Luxembourg and internationally.

Horizon Bancorp

Market Cap: €663.7m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Norrhydro Group Oyj

Market Cap: €15.2m

Develops, manufactures, and sells hydraulic cylinders and linear motion control systems in the Nordic countries.

Reading International

Market Cap: €40.6m

Focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand.

Shell

Market Cap: €169.6b

Operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas.

Toyota Tsusho

Market Cap: €2.6t

Engages in the metals, parts and logistics, mobility, machinery, energy and project, chemicals and electronics, and food and consumer services businesses worldwide.

Canadian Solar

Market Cap: €572.3m

Provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally.

What's Cooking Group/SA

Market Cap: €200.5m

Produces and sells meat products and ready meals.

Klassik Radio

Market Cap: €16.9m

Operates radio broadcasting stations primarily in Germany.

Paxman

Market Cap: €1.4b

Develops and sells Paxman scalp cooling system to minimize hair loss in connection with chemotherapy treatment worldwide.

Vinci

Market Cap: €66.1b

Engages in concessions, energy, and construction businesses in France and internationally.

AT & S Austria Technologie & Systemtechnik

Market Cap: €501.6m

Manufactures and distributes printed circuit boards in Austria, Germany, rest of Europe, China, rest of Asia, and the Americas.

TechTarget

Market Cap: €1.1b

Provides purchase intent-driven marketing and sales data that delivers business impact for B2B companies.

West Red Lake Gold Mines

Market Cap: €183.4m

Engages in the acquisition, exploration and evaluation, and development of gold properties in Canada.

Petróleo Brasileiro - Petrobras

Market Cap: €506.2b

Explores, produces, and sells oil and gas in Brazil and internationally.

Carl Zeiss Meditec

Market Cap: €5.1b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

Commerzbank

Market Cap: €26.6b

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.

SynBiotic

Market Cap: €19.5m

Engages in the research and development, production, and marketing of cannabinoid and terpene-based solutions to for pain, sleep deprivation, and anxiety.

ING Groep

Market Cap: €55.5b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Immuron

Market Cap: €14.8m

A biopharmaceutical company, engages in the research, development, and commercialization of polyclonal antibodies in Australia, the United States, and Canada.

Unilever

Market Cap: €115.7b

Operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe.

Novem Group

Market Cap: €182.4m

Develops and supplies trim elements and decorative function elements in car interiors for automotive industry in Luxembourg and internationally.

Proximus

Market Cap: €2.2b

Provides digital services and communication solutions in Belgium and internationally.

Fiverr International

Market Cap: €850.3m

Operates an online marketplace worldwide.

Nabaltec

Market Cap: €137.3m

Develops, manufactures, and distributes specialized products based on mineral raw materials in Germany, rest of Europe, the United States, and internationally.

ASML Holding

Market Cap: €243.7b

Provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

Ecovyst

Market Cap: €727.7m

Offers specialty catalysts and services in the United States and internationally.

Naked Wines

Market Cap: €56.2m

Engages in the direct-to-consumer retailing of wines in Australia, the United Kingdom, and the United States.

Deep Yellow

Market Cap: €953.1m

Operates as a uranium exploration company in Namibia and Australia.

Beijing Jingneng Clean Energy

Market Cap: €17.8b

Generates gas-fired power and heat energy, wind power, photovoltaic power, and hydropower in the People’s Republic of China.

Cytosorbents

Market Cap: €54.7m

Engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology in the United States, Germany, and internationally.