German Potentially Undervalued Companies

TCL Electronics Holdings

Market Cap: €26.1b

An investment holding company, operates as a consumer electronics company in Mainland China, Europe, North America, and internationally.

AKVA group

Market Cap: €3.4b

Designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry.

Rank Group

Market Cap: €653.9m

Engages in provision of gaming services in Great Britain, Spain, and India.

Electricity Generating

Market Cap: €60.0b

Generates and sells electricity to government sector and industrial users primarily in Thailand, Laos, the Philippines, Indonesia, Australia, South Korea, Taiwan, and the United States.

DIC

Market Cap: €347.4b

Manufactures and sells printing inks, organic pigments, and synthetic resins worldwide.

Haemonetics

Market Cap: €2.6b

A medical technology company, provides a suite of hospital technologies solutions in the United States and internationally.

Scorpio Tankers

Market Cap: €2.7b

Engages in the seaborne transportation of crude oil and refined petroleum products worldwide.

Heliostar Metals

Market Cap: €419.1m

Engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America.

WidePoint

Market Cap: €50.1m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

State Street

Market Cap: €31.8b

Through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.

Shenzhou International Group Holdings

Market Cap: €91.5b

An investment holding company, manufactures and sells knitwear products in Mainland China, the European Union, the United States, Japan, and internationally.

Dom Development

Market Cap: €6.1b

Engages in the development and sale of residential and commercial real estate properties, and related support activities in Poland.

Alvopetro Energy

Market Cap: €240.7m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

Bank of China

Market Cap: €1.8t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Prevas

Market Cap: €892.9m

Provides technical consultancy services in Sweden and internationally.

BAIC Motor

Market Cap: €16.3b

Engages in the research and development, manufacture, sale, and after-sale service of passenger vehicles in the People’s Republic of China.

Canacol Energy

Market Cap: €97.6m

Operates as an oil and gas company in Colombia.

Travis Perkins

Market Cap: €1.2b

Engages in distribution of building material products in the United Kingdom.

PayPal Holdings

Market Cap: €64.7b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

Cargojet

Market Cap: €1.5b

Provides time-sensitive overnight air cargo services and carries in Canada.

Wolters Kluwer

Market Cap: €24.3b

Provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, Africa, and internationally.

Huhtamäki Oyj

Market Cap: €3.1b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Scope Fluidics

Market Cap: €412.7m

A biotechnology company, designs and develops projects based on microfluidic technologies in medical diagnostics and healthcare in Poland.

Air France-KLM

Market Cap: €3.4b

Provides passenger and cargo transportation services worldwide.

COSCO SHIPPING Holdings

Market Cap: €247.8b

An investment holding company, engages in the container shipping in the United States, Europe, the Asia Pacific, Mainland China, and internationally.

Zeon

Market Cap: €336.1b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

Biogen

Market Cap: €21.1b

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally.

Wüstenrot & Württembergische

Market Cap: €1.3b

Provides insurance products and services in Germany.

Delivery Hero

Market Cap: €7.7b

Offers online food ordering and delivery services.

Engie

Market Cap: €43.5b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Branicks Group

Market Cap: €173.8m

Branicks Group AG is Germany’s leading listed specialist for commercial real estate, with more than 25 years of experience in the property market and access to a broad network of investors.

General Dynamics

Market Cap: €86.3b

Operates as an aerospace and defense company worldwide.

Coca-Cola HBC

Market Cap: €13.5b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Hannover Rück

Market Cap: €29.3b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

AES

Market Cap: €9.1b

Operates as a power generation and utility company in the United States and internationally.

NewtekOne

Market Cap: €306.9m

A Business Development Company which operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market.