German Potentially Undervalued Companies

Bangchak Corporation

Market Cap: €52.0b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

TaskUs

Market Cap: €1.2b

Provides digital outsourcing services for companies in Philippines, the United States, India, and internationally.

Polenergia

Market Cap: €5.4b

Engages in the generation, distribution, trading, and sale of electricity in Poland and internationally.

Coca-Cola

Market Cap: €304.4b

A beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally.

REN - Redes Energéticas Nacionais SGPS

Market Cap: €1.8b

Through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal.

IPD Group

Market Cap: €380.6m

Distributes electrical infrastructure in Australia.

Armstrong World Industries

Market Cap: €6.3b

Engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas.

Ero Copper

Market Cap: €1.9b

Engages in the exploration, development, and production of mining projects in Brazil.

Torex Gold Resources

Market Cap: €3.3b

Operates as an intermediate gold producer.

HCI Group

Market Cap: €1.6b

Engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in the United States.

Solwers Oyj

Market Cap: €23.4m

Provides design and project management services in Finland and Sweden.

Coastal Financial

Market Cap: €1.4b

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.

AAK AB (publ.)

Market Cap: €73.2b

Develops and sells plant-based oils and fats in Sweden and internationally.

Polytec Holding

Market Cap: €60.9m

Develops and manufactures plastic solutions for the passenger cars and light commercial vehicles, commercial vehicles, and smart plastic and industrial applications.

A2Z Cust2Mate Solutions

Market Cap: €254.3m

A technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally.

LITALICO

Market Cap: €40.4b

Operates school for learning and preschool in Japan.

Chubu Electric Power Company

Market Cap: €1.3t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

SynBiotic

Market Cap: €26.5m

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

Atlas Lithium

Market Cap: €96.7m

Operates as a mineral exploration and development company in Brazil.

ENEOS Holdings

Market Cap: €2.2t

Through its subsidiaries, operates in the energy, oil and natural gas exploration and production, and metals businesses in Japan, China, Asia, and internationally.

DO & CO

Market Cap: €1.9b

Provides catering services in Austria, Turkey, Great Britain, the United States, Spain, Germany, and internationally.

Veris Residential

Market Cap: €1.7b

A forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast.

W. P. Carey

Market Cap: €13.7b

W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,430 net lease properties covering approximately 172 million square feet and a portfolio of 78 self-storage operating properties as of September 30, 2024.

Bureau Veritas

Market Cap: €12.6b

Provides laboratory testing, inspection, and certification services.

Delignit

Market Cap: €26.2m

Engages in the development, production, and sale of ecological and hardwood-based materials and system solutions based on natural, renewable, and carbon neutral raw material wood in Germany.

Big Yellow Group

Market Cap: €1.8b

Big Yellow is the UK's brand leader in self storage.

Kinepolis Group

Market Cap: €883.4m

Operates cinema complexes in Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland, Poland, Canada, and the United States.

China Vanke

Market Cap: €80.5b

Engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally.

Österreichische Post

Market Cap: €2.2b

Provides postal and parcel services in Austria, Germany, Southeast and Eastern Europe, Türkiye, Azerbaijan, and internationally.

WillScot Holdings

Market Cap: €5.4b

Provides turnkey temporary space solutions in the United States, Canada, and Mexico.

Geely Automobile Holdings

Market Cap: €168.3b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

FirstGroup

Market Cap: €981.7m

Provides public transport services in the United Kingdom.

Thermo Fisher Scientific

Market Cap: €193.0b

Provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally.

SAF-Holland

Market Cap: €776.2m

Manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.

Intesa Sanpaolo

Market Cap: €85.7b

Provides various financial products and services primarily in Italy.

Corem Property Group

Market Cap: €10.3b

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