German Undervalued Stocks Based On Cash Flows

PVA TePla

Market Cap: €462.8m

Offers systems and solutions to produce components for energy storage systems, photovoltaic modules, and wind turbines worldwide.

STEICO

Market Cap: €312.7m

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.

Ströer SE KGaA

Market Cap: €2.0b

Provides out-of-home (OOH) media and digital out-of-home advertising services in Germany and internationally.

Eleving Group

Market Cap: €186.3m

Provides vehicle and consumer finance services in Europe, Africa, and internationally.

Hensoldt

Market Cap: €8.6b

Provides sensor solutions for defense and security applications worldwide.

adidas

Market Cap: €28.5b

Designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally.

AUTO1 Group

Market Cap: €5.5b

A technology company, operates a digital automotive platform for buying and selling used cars online in Germany, France, Italy, and internationally.

Delivery Hero

Market Cap: €5.9b

Provides online food ordering, quick commerce, and delivery services.

PNE

Market Cap: €755.3m

Engages in the planning, construction, and operation of wind farms and transformer stations in Germany and internationally.

AlzChem Group

Market Cap: €1.6b

Develops, produces, and markets a range of chemical specialties in Germany, European Union, rest of Europe, Asia, NAFTA region, and internationally.

Daldrup & Söhne

Market Cap: €117.9m

Provides drilling and environmental services in Germany and Central Europe.

Serviceware

Market Cap: €169.6m

Provides a portfolio of software solutions for the digitalization and automation of service processes in Germany, Austria, Switzerland, and internationally.

Delignit

Market Cap: €22.3m

Engages in the development, production, and sale of ecological materials and system solutions in Germany.

Nordex

Market Cap: €6.2b

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

SBF

Market Cap: €59.2m

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

Infineon Technologies

Market Cap: €48.9b

Develops, manufactures, and markets semiconductors and semiconductor-based solutions in Germany, Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, the Asia-Pacific, Japan, the United States, and the Americas.

Basler

Market Cap: €453.2m

Engages in the development, manufacture, and sale of digital cameras for professional users in Germany and internationally.

tonies

Market Cap: €1.1b

Through its subsidiaries, develops, produces, and distributes digital, cloud based, and interactive audio platform and entertainment system for children in Germany, the United States, the United Kingdom, and internationally.

RENK Group

Market Cap: €5.8b

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

RealTech

Market Cap: €5.1m

Provides information technology (IT) service management and SAP automation solutions in Germany and the Asia Paci?c.

innoscripta

Market Cap: €962.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

LION E-Mobility

Market Cap: €13.2m

Through its subsidiaries, engages in the development, production, and distribution of battery modules and packs, and battery management systems in Switzerland.

Grenke

Market Cap: €661.8m

Provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally.

Vossloh

Market Cap: €1.5b

Provides rail infrastructure products and services in Germany and internationally.

JOST Werke

Market Cap: €771.8m

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

Nemetschek

Market Cap: €10.6b

Provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.

OHB

Market Cap: €2.1b

Operates as a space and technology company in Germany, rest of Europe, and internationally.

Rheinmetall

Market Cap: €75.6b

Provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.