German Potentially Undervalued Companies

Indivior

Market Cap: €916.2m

Develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally.

Aspen Pharmacare Holdings

Market Cap: €73.9b

Manufactures and supplies specialty and branded pharmaceutical products worldwide.

Corebridge Financial

Market Cap: €17.9b

Provides retirement solutions and insurance products in the United States.

Teradata

Market Cap: €2.2b

Provides a connected hybrid cloud analytics and data platform in the United States and internationally.

Mattel

Market Cap: €6.5b

A toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Fortrea Holdings

Market Cap: €754.1m

A contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide.

Open Text

Market Cap: €6.9b

Engages in the provision of information management products and services.

Kalmar Oyj

Market Cap: €2.0b

Engages in the provision of heavy material handling equipment and automated terminal solutions for ports, terminals, distribution centers, and heavy industry.

Absa Group

Market Cap: €148.3b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

McBride

Market Cap: €249.8m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, Asia-Pacific, and internationally.It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific.

CES Energy Solutions

Market Cap: €1.7b

Engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Morgan Advanced Materials

Market Cap: €591.5m

Operates as a materials science and application engineering company primarily the United Kingdom.

Steelcase

Market Cap: €1.3b

Provides a portfolio of furniture and architectural products and services in the United States and internationally.

Spectrum Brands Holdings

Market Cap: €1.9b

Operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions.

MetLife

Market Cap: €56.6b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Alaris Equity Partners Income Trust

Market Cap: €900.1m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Thungela Resources

Market Cap: €14.2b

Engages in the mining and production of thermal coal in South Africa and Australia.

Polar Capital Holdings

Market Cap: €430.4m

Polar Capital Holdings plc is a publicly owned investment manager.

GE HealthCare Technologies

Market Cap: €37.3b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Arkema

Market Cap: €5.4b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

Viatris

Market Cap: €10.6b

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.

Ternium

Market Cap: €6.2b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Taboola.com

Market Cap: €1.0b

Operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally.

Renew Holdings

Market Cap: €547.8m

Provides engineering services in the United Kingdom.

MINISO Group Holding

Market Cap: €6.0b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Daimler Truck Holding

Market Cap: €29.3b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

ANTA Sports Products

Market Cap: €247.9b

Engages in the research and development, design, manufacturing, and marketing of shoes, apparel, and accessories in the Mainland of China, Hong Kong, Macao, and internationally.

Nordex

Market Cap: €3.5b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Verbio

Market Cap: €570.9m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.

Enovis

Market Cap: €2.2b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Lithia Motors

Market Cap: €7.8b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Transcontinental

Market Cap: €1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Amneal Pharmaceuticals

Market Cap: €2.6b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Yuexiu Transport Infrastructure

Market Cap: €6.0b

Invests in, constructs, develops, operates, and manages toll expressways and bridges in the People’s Republic of China.

GFT Technologies

Market Cap: €618.7m

Provides digital transformation services.

HMC Capital

Market Cap: €2.7b

Owns and manages real estate focused funds in Australia.