German Potentially Undervalued Companies

Meta Platforms

Market Cap: €1.5t

Engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide.

Tokyu Fudosan Holdings

Market Cap: €703.0b

Engages in the real estate business in Japan and internationally.

Mutares SE KGaA

Market Cap: €648.0m

A private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding.

Penguin Solutions

Market Cap: €968.9m

Engages in the designing and development of enterprise solutions worldwide.

Credit Saison

Market Cap: €503.5b

Provides leasing, finance, real estate, entertainment, global, and payment services in Japan and internationally.

Demant

Market Cap: €47.4b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Nordex

Market Cap: €3.6b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Athabasca Oil

Market Cap: €2.8b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Caterpillar

Market Cap: €159.9b

Manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally.

Weatherford International

Market Cap: €4.0b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

Orica

Market Cap: €8.2b

Manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, Canada, the United States, and internationally.

Carter's

Market Cap: €1.5b

Designs, sources, and markets branded childrenswear and related products under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally.

Etablissements Maurel & Prom

Market Cap: €894.5m

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, Colombia, and France.

Konecranes

Market Cap: €4.4b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, the Asia-Pacific, and internationally.

Winpak

Market Cap: €2.5b

Manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico.

NCR Voyix

Market Cap: €1.4b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Exor

Market Cap: €17.4b

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

Preferred Bank

Market Cap: €1.1b

Provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals.

CPI Card Group

Market Cap: €327.3m

Engages in the design, production, data personalization, packaging, and fulfillment of payment cards in the United States.

Daimler Truck Holding

Market Cap: €27.1b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

State Street

Market Cap: €25.8b

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

Okeanis Eco Tankers

Market Cap: €7.1b

A shipping company, owns and operates tanker vessels worldwide.

Piraeus Financial Holdings

Market Cap: €6.2b

Provides banking products and services in Greece and internationally.

361 Degrees International

Market Cap: €9.3b

An investment holding company, manufactures and trades in sporting goods in the People’s Republic of China.

Ipsos

Market Cap: €1.8b

Through its subsidiaries, provides survey-based research services for companies and institutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Kaspi.kz

Market Cap: €18.0b

Provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine.

Greif

Market Cap: €2.7b

Engages in the production and sale of industrial packaging products and services worldwide.

Toro

Market Cap: €7.4b

Designs, manufactures, markets, and sells professional turf maintenance equipment and services.

MONY Group

Market Cap: €1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Sportsman's Warehouse Holdings

Market Cap: €72.8m

Operates as an outdoor sporting goods retailer in the United States.

Flex

Market Cap: €13.1b

Provides manufacturing solutions to various brands in Asia, the Americas, and Europe.

Moog

Market Cap: €5.5b

Designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets in the United States, Germany, and internationally.

Evoke

Market Cap: €199.6m

Provides online betting and gaming products and solutions in the United Kingdom, Ireland Italy, Spain, and internationally.

Lion Finance Group

Market Cap: €2.3b

Through its subsidiaries, provides banking and financial services with focus on the Georgian and Armenian markets.

GQG Partners

Market Cap: €6.0b

Operates as a boutique asset management company worldwide.

Nedbank Group

Market Cap: €112.0b

Provides various wholesale and retail banking services in South Africa and internationally.