German Capital Goods Strong Balance Sheet Stocks

Nordwest Handel

Market Cap: €63.5m

Provides procurement, logistics, and sales services.

MAX Automation

Market Cap: €241.7m

Engages in the provision of automation solutions for the automotive, electrical, recycling, raw materials recycling, packaging, and medical technology industries.

FRIWO

Market Cap: €60.3m

Develops, manufactures, and sells power supplies units and drive solutions in Germany, Europe, Asia, and internationally.

Nordex

Market Cap: €5.2b

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

HMS Bergbau

Market Cap: €208.1m

Engages in trading and distributing coal and other energy raw materials to energy producers, cement manufacturers, and industrial consumers worldwide.

Pfeiffer Vacuum Technology

Market Cap: €1.5b

Develops, manufactures, sells, and services vacuum pumps, systems, blowers, compressors, and gas abatement systems.

Steyr Motors

Market Cap: €269.4m

Engages in manufacturing and selling diesel engines for commercial and military vehicles worldwide.

Siemens

Market Cap: €173.6b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

SMT Scharf

Market Cap: €41.3m

Engages in the development, manufacture, and service of transportation equipment and logistics systems for underground mining and tunnel construction.

Dürr

Market Cap: €1.4b

Operates as a mechanical and plant engineering company worldwide.

Greiffenberger

Market Cap: €6.5m

Through its subsidiaries, engages in the manufacture and distribution of precision strip steel and saw blades for industrial applications worldwide.

PFISTERER Holding

Market Cap: €1.3b

Manufactures and sells cable fittings, insulators for overhead lines, and associated components for sensitive interfaces in energy networks and renewable energy generation.

SBF

Market Cap: €62.6m

Through its subsidiary, SBF Spezialleuchten GmbH, engages in the development, manufacture, and distribution of ceiling and lighting systems for indoor and outdoor rail vehicles.

Meta Wolf

Market Cap: €90.7m

Supplies and trades construction materials.

Daimler Truck Holding

Market Cap: €28.0b

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

RENK Group

Market Cap: €8.0b

Engages in the design, engineering, production, testing, and servicing of customized drive systems in Germany and internationally.

BAUER

Market Cap: €247.5m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Scandinavian Astor Group

Market Cap: €143.9m

Produces and develops solutions to defense and industrial sectors in Europe, Africa, the Middle East, the Americas, and Asia.

LEWAG Holding

Market Cap: €149.2m

Engages in the manufacture and sale of machines and systems, storage and logistics systems, and vehicle bodies in Germany, France, Poland, the United States, Canada, Mexico, and internationally.

R. STAHL

Market Cap: €105.6m

Develops, manufactures, assembles, and distributes devices and systems for measuring, controlling, and distribution of energy, securing, and lighting explosive environments worldwide.

HOCHTIEF

Market Cap: €16.4b

Engages in the construction business worldwide.

Energiekontor

Market Cap: €603.9m

A project developer, engages in the planning, construction, and operation of wind and solar parks in Germany, Portugal, Scotland, and the united States.

Pittler Maschinenfabrik

Market Cap: €4.8m

Through its subsidiaries, engages in the development, manufacture, and distribution of precision tools in Germany and internationally.

STEICO

Market Cap: €325.3m

Develops, produces, and markets ecological construction products made of renewable raw materials in Germany, Austria, Switzerland, Lichtenstein, France, Belgium, Netherlands, Luxemburg, South European countries, and internationally.

Ringmetall

Market Cap: €84.9m

Develops, produces, and markets packaging solutions for industrial drums in Germany and internationally.

DEUTZ

Market Cap: €1.4b

Develops, manufactures, and sells diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

MS Industrie

Market Cap: €43.7m

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

Aerowash

Market Cap: €31.0m

Engages in the development, production, and sale of automated aircraft washing robots for aircraft washing in Sweden and internationally.

Hensoldt

Market Cap: €12.0b

Provides sensor solutions for defense and security applications worldwide.

Brenntag

Market Cap: €7.2b

Engages in the distribution of chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally.

3U Holding

Market Cap: €51.0m

Provides telecommunication and information technology services in Germany and internationally.

NORMA Group

Market Cap: €474.1m

Manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

JOST Werke

Market Cap: €751.0m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

Siemens Energy

Market Cap: €82.8b

Operates as an energy technology company worldwide.