German Undervalued Stocks Based On Cash Flows

PVA TePla

Market Cap: €452.0m

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

STEICO

Market Cap: €290.8m

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.

Steyr Motors

Market Cap: €180.4m

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

Eleving Group

Market Cap: €192.1m

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

Hensoldt

Market Cap: €8.5b

Provides sensor solutions for defense and security applications worldwide.

Ströer SE KGaA

Market Cap: €2.0b

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

adidas

Market Cap: €29.5b

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.

Daldrup & Söhne

Market Cap: €116.7m

Provides drilling and environmental services in Germany and Central Europe.

AUTO1 Group

Market Cap: €5.9b

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

PNE

Market Cap: €773.7m

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

Basler

Market Cap: €420.6m

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

AlzChem Group

Market Cap: €1.4b

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

LION E-Mobility

Market Cap: €11.8m

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

SBF

Market Cap: €55.8m

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: €46.6b

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.

RENK Group

Market Cap: €5.3b

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

innoscripta

Market Cap: €877.0m

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

Serviceware

Market Cap: €175.4m

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

Delivery Hero

Market Cap: €6.6b

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

Cantourage Group

Market Cap: €42.1m

Operates as a medical cannabis company in Europe and internationally.

Delignit

Market Cap: €24.0m

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

RealTech

Market Cap: €5.1m

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

Nordex

Market Cap: €6.8b

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

JOST Werke

Market Cap: €809.1m

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

Nemetschek

Market Cap: €10.8b

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.