German Potentially Undervalued Companies

Eiffage

Market Cap: €9.9b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Top Glove Corporation Bhd

Market Cap: €7.8b

An investment holding company, manufactures, trades in, and sells gloves in Malaysia, Thailand, the People’s Republic of China, and internationally.

Renault

Market Cap: €9.1b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Relo Group

Market Cap: €261.2b

Engages in the provision of property management services in Japan.

Deutsche Telekom

Market Cap: €151.8b

Provides integrated telecommunication services worldwide.

HEXPOL

Market Cap: €29.3b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

Anheuser-Busch InBev

Market Cap: €104.5b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Dassault Aviation société anonyme

Market Cap: €21.1b

Designs and manufactures military aircraft, business jets, and space systems in France, the United States, and internationally.

DoubleDown Interactive

Market Cap: €478.2m

Engages in the development and publishing of casual games and mobile applications in South Korea.

Burford Capital

Market Cap: €3.1b

Provides legal finance products and services worldwide.

4imprint Group

Market Cap: €946.4m

Operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.

Carlsberg

Market Cap: €107.3b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

FRP Advisory Group

Market Cap: €340.1m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders.

Verallia Société Anonyme

Market Cap: €2.9b

Manufactures and sells glass packaging products for beverages and food products worldwide.

WashTec

Market Cap: €485.8m

Provides solutions for car wash in Germany, Europe, North America, and the Asia Pacific.

Glencore

Market Cap: €34.7b

Engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania.

Upland Software

Market Cap: €81.4m

Provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally.

MS Industrie

Market Cap: €43.4m

Primarily operates in the powertrain and ultrasonic technology businesses in Germany and internationally.

Exor

Market Cap: €17.8b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

Evonik Industries

Market Cap: €7.7b

Produces and sells specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.

Permian Resources

Market Cap: €11.4b

An independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States.

ACI Worldwide

Market Cap: €5.1b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

Cosmo Pharmaceuticals

Market Cap: €1.0b

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

Krones

Market Cap: €4.2b

Engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology for the food and beverage industry in Germany and internationally.

Sealed Air

Market Cap: €4.8b

Provides packaging solutions in the United States and internationally, Europe, the Middle East, Africa, and Asia Pacific.

Concentrix

Market Cap: €3.3b

Designs, builds, and runs integrated customer experience (CX) solutions worldwide.

Breedon Group

Market Cap: €1.3b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

GFT Technologies

Market Cap: €459.9m

Provides digital transformation services.

FDJ United

Market Cap: €5.1b

Engages in the gaming operation and distribution business in France and internationally.

INDUS Holding

Market Cap: €558.9m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

M1 Kliniken

Market Cap: €252.0m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Econocom Group

Market Cap: €298.7m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

TBC Bank Group

Market Cap: €2.4b

Through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan.

Platform Group

Market Cap: €200.1m

Operates an online platform for premium and luxury fashion accessories in Germany, the Netherlands, Austria, the United Kingdom, Switzerland, France, Italy, and internationally.

Bank CIMB Niaga

Market Cap: €42.7t

Provides various banking products and services in Indonesia and internationally.

FinVolution Group

Market Cap: €2.1b

An investment holding company, operates in the online consumer finance industry in the People’s Republic of China, Indonesia, and internationally.