German Potentially Undervalued Companies

Frasers Property

Market Cap: €3.2b

An investment holding company, develops, invests in, and manages a portfolio of real estate properties in Singapore, Australia, Europe, China, Thailand, and internationally.

Silicon Motion Technology

Market Cap: €1.5b

Designs, develops, and markets NAND flash controllers for solid-state storage devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.

EyePoint Pharmaceuticals

Market Cap: €343.0m

Engages in developing and commercializing therapeutics to improve the lives of patients with serious retinal diseases.

Thai Union Group

Market Cap: €43.1b

Manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally.

Cleveland-Cliffs

Market Cap: €3.6b

Operates as a flat-rolled steel producer in the United States, Canada, and internationally.

SiteMinder

Market Cap: €1.1b

Develops, markets, and sells online guest acquisition platform and commerce solutions for accommodation providers in Australia and internationally.

Big Yellow Group

Market Cap: €1.8b

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

PIERER Mobility

Market Cap: €439.4m

Operates as a motorcycle producer in Europe, North America, Mexico, and internationally.

Mueller Water Products

Market Cap: €3.8b

Manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally.

Befesa

Market Cap: €932.0m

Offers environmental recycling services to the steel and aluminum industries in European, Asian, and North American markets.

Kinepolis Group

Market Cap: €804.5m

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

BorgWarner

Market Cap: €6.0b

Provides solutions for combustion, hybrid, and electric vehicles worldwide.

Recruit Holdings

Market Cap: €10.9t

Provides HR technology and business solutions that transforms the world of work.

OMER

Market Cap: €118.8m

Designs, develops, manufactures, and sells components and interior furnishings for railway vehicles in Italy, rest of European Union countries, and internationally.

Alfa Financial Software Holdings

Market Cap: €620.1m

Through its subsidiaries, provides software and consultancy services to the auto and equipment finance industry in the United Kingdom, the United States, rest of Europe, the Middle East, Africa, and internationally.

Binect

Market Cap: €5.9m

Provides software and service platform for the digitization of various business document and receipt logistics in Germany.

Qiagen

Market Cap: €8.7b

Provides sample to insight solutions that transform biological samples into molecular insights in the Netherlands and internationally.

Salzgitter

Market Cap: €1.2b

Engages in steel and technology businesses worldwide.

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.

Bastei Lübbe

Market Cap: €145.2m

A media company, publishes books, audio books, e-books, and other digital products in the genres of fiction and popular science content in Germany, Austria, Luxembourg, and Switzerland.

Grammer

Market Cap: €109.6m

Engages in the development, production, and sale of components and systems for automotive interiors worldwide.

BOC Hong Kong (Holdings)

Market Cap: €326.2b

An investment holding company, provides banking and related financial services in Hong Kong, China, and internationally.

Noodles

Market Cap: €50.8m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Sekisui House

Market Cap: €2.0t

Designs, constructs, and contracts built-to-order detached houses in Japan and internationally.

AB Pieno Zvaigzdes

Market Cap: €76.3m

Produces and sells dairy products to retail stores directly and through distributors.

Industrie De Nora

Market Cap: €1.2b

Through its subsidiaries, provides catalytic coatings and insoluble electrodes for electrochemical and industrial applications worldwide.

Orion Oyj

Market Cap: €7.4b

Develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally.

Kodal Minerals

Market Cap: €73.9m

Engages in the exploration and evaluation of mineral resources in the United Kingdom and West Africa.

Gogo

Market Cap: €1.1b

Provides broadband connectivity services to the aviation industry in the United States and internationally.

Nordrest Holding

Market Cap: €1.7b

Operates as a foodservice company in Sweden and internationally.

Smurfit Westrock

Market Cap: €22.2b

Manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products.

Aisin

Market Cap: €1.1t

Manufactures and sells automotive parts, and energy and lifestyle related products.

Soho House & Co

Market Cap: €1.1b

Operates a global membership platform of physical and digital spaces that connects a group of members.

Sino Biopharmaceutical

Market Cap: €69.6b

An investment holding company, operates as a research and development pharmaceutical conglomerate in the People’s Republic of China.

Carrier Global

Market Cap: €52.5b

Provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally.

EVERTEC

Market Cap: €2.2b

Provides transaction processing and financial technology services in Latin America, Puerto Rico, and the Caribbean.