German Potentially Undervalued Companies

Consun Pharmaceutical Group

Market Cap: €12.8b

Researches and develops, manufactures, and sells Chinese medicines and medical contrast medium products in the People’s Republic of China.

Heidelberger Druckmaschinen

Market Cap: €566.1m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

BNP Paribas Bank Polska

Market Cap: €16.1b

Provides a range of banking products and services to individual and institutional clients in Poland.

Kontron

Market Cap: €1.5b

Engages in the provision of Internet of Things (IoT) solutions in Austria and internationally.

Tri Chemical Laboratories

Market Cap: €83.6b

Develops, manufactures, and sells high-purity chemicals for semiconductor manufacturing in Japan, Taiwan, China, South Korea, and internationally.It offers semiconductors, coating, optical, fiber, compound semiconductor, and reagents.

Lassonde Industries

Market Cap: €1.4b

Develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, frozen juice concentrates, and specialty food products in Canada, the United States, and internationally.

Bastei Lübbe

Market Cap: €131.7m

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.

Axalta Coating Systems

Market Cap: €6.7b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Sopra Steria Group

Market Cap: €3.0b

Provides consulting, digital, and software development services in France and internationally.

Pullup Entertainment Société anonyme

Market Cap: €174.8m

Develops, publishes, and distributes games worldwide.

Capgemini

Market Cap: €20.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

Ultra Clean Holdings

Market Cap: €1.1b

Develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally.

Halfords Group

Market Cap: €287.6m

Through its subsidiaries, provides motoring and cycling products and services in the United Kingdom.

Great Lakes Dredge & Dock

Market Cap: €790.1m

Provides dredging services in the United States.

Keller Group

Market Cap: €901.8m

Provides specialist geotechnical services in North America, Europe, the Middle East, and the Asia-Pacific.

Bird Construction

Market Cap: €1.3b

Provides construction services in Canada.

Engie

Market Cap: €42.6b

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.

PZ Cussons

Market Cap: €287.2m

Manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Asia Pacific, the Americas, and Africa.

Ventura Offshore Holding

Market Cap: €2.5b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Mosaic

Market Cap: €10.6b

Through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients.

RWS Holdings

Market Cap: €338.0m

Provides technology-enabled language, content, and intellectual property (IP) services in the United Kingdom, Continental Europe, the United States, and internationally.

BNP Paribas

Market Cap: €85.2b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Italian Wine Brands

Market Cap: €206.8m

Produces and distributes Italian wines worldwide.

Bonterra Energy

Market Cap: €128.5m

A conventional oil and gas company, engages in the development and production of oil and natural gas in Canada.

MS Industrie

Market Cap: €43.1m

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

Navigator Global Investments

Market Cap: €1.1b

HFA Holdings Limited operates as a fund management company in Australia.

Kelly Services

Market Cap: €497.4m

Provides workforce solutions to various industries.

Cigna Group

Market Cap: €80.3b

Provides insurance and related products and services in the United States.

Monash IVF Group

Market Cap: €272.7m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Arcadis

Market Cap: €3.5b

Offers design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

Costain Group

Market Cap: €350.9m

Provides infrastructure solutions for the transportation, energy, water, and defense sectors in the United Kingdom.

Platform Group

Market Cap: €202.1m

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

Sword Group

Market Cap: €323.6m

Provides IT and software solutions worldwide.

Persimmon

Market Cap: €3.4b

Operates as a house builder in the United Kingdom.

Kunlun Energy

Market Cap: €61.7b

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the Republic of Kazakhstan, the Sultanate of Oman, and the Kingdom of Thailand.

Catalyst Pharmaceuticals

Market Cap: €2.5b

A commercial-stage biopharmaceutical company, focuses on developing and commercializing medicines for patients living with rare diseases in the United States.