German Potentially Undervalued Companies

Vector

Market Cap: €54.4b

Engages in the public relations (PR) and advertising, press release distribution, video release distribution, direct marketing, media, investment, and human resources businesses in Japan, China, and internationally.

DHT Holdings

Market Cap: €2.0b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Lancashire Holdings

Market Cap: €1.5b

Provides specialty insurance and reinsurance products in London, Bermuda, and Australia.

Progress Software

Market Cap: €1.8b

Develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.

Pediatrix Medical Group

Market Cap: €1.4b

Provides newborn, maternal-fetal, and other pediatric subspecialty care services in the United States.

Marston's

Market Cap: €228.8m

Operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom.

Resources Connection

Market Cap: €168.9m

Engages in the provision of consulting services to business customers under the Resources Global Professionals (RGP) name in North America, the Asia Pacific, and Europe.

Whirlpool

Market Cap: €5.2b

Manufactures and markets home appliances and related products and services in the North America, Latin America, Asia, and internationally.

Komatsu

Market Cap: €4.7t

Manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

Universal Health Services

Market Cap: €11.9b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

W&T Offshore

Market Cap: €257.1m

An independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of America.

Fox

Market Cap: €24.8b

Operates as a news, sports, and entertainment company in the United States.

CureVac

Market Cap: €1.2b

A biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA).

Telefônica Brasil

Market Cap: €107.9b

Operates as a mobile telecommunications company in Brazil.

Yankuang Energy Group

Market Cap: €122.0b

Engages in the mining, preparation, and sale of coal in China, Australia, and internationally.

China Resources Land

Market Cap: €232.9b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Boliden

Market Cap: €94.6b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

AXA

Market Cap: €83.4b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

GMéxico Transportes. de

Market Cap: €142.8b

Provides logistics and ground transportation solutions in Mexico.

Jyske Bank

Market Cap: €41.7b

Provides financial solutions in Denmark and Germany.

Helmerich & Payne

Market Cap: €2.0b

Provides drilling solutions and technologies for oil and gas exploration and production companies.

ONEOK

Market Cap: €45.2b

Operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.

ESR-REIT

Market Cap: €2.3b

A leading New Economy and future-ready Asia Pacific S-REIT.

Chow Sang Sang Holdings International

Market Cap: €9.6b

An investment holding company, manufactures and retails jewellery in the Mainland China, Hong Kong, Macau, and Taiwan.

ATEME

Market Cap: €67.9m

Engages in the production and sales of electronic and computer devices and instruments in Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific.

Viva Energy Group

Market Cap: €3.2b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

Stella International Holdings

Market Cap: €12.8b

An investment holding company, engages in development, manufacture, and sale of footwear products and leather goods in North America, the People’s Republic of China, Europe, Asia, and internationally.

Tandem Diabetes Care

Market Cap: €848.7m

Designs, develops, and commercializes technology solutions for people living with diabetes in the United States and internationally.

Radian Group

Market Cap: €4.7b

Engages in the mortgage and real estate services business in the United States.

Knights Group Holdings

Market Cap: €140.5m

Provides legal and professional services in the United Kingdom.

Angel Oak Mortgage REIT

Market Cap: €233.1m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

Baxter International

Market Cap: €12.6b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Adaptimmune Therapeutics

Market Cap: €13.0m

A commercial-stage biopharmaceutical company, provides novel cell therapies primarily to cancer patients in the United States and the United Kingdom.

Netcare

Market Cap: €17.1b

An investment holding company, operates private hospitals in South Africa.

Sunac China Holdings

Market Cap: €20.0b

Engages in property development and investment.

Teekay Tankers

Market Cap: €1.8b

Provides marine transportation services to oil industries in Bermuda and internationally.