German Undervalued Stocks Based On Cash Flows

3U Holding

Market Cap: €47.7m

Provides telecommunication and information technology services in Germany and internationally.

Formycon

Market Cap: €382.3m

A biotechnology company, develops biosimilar drugs in Germany and Switzerland.

Fielmann Group

Market Cap: €3.6b

Provides optical and hearing aid services in Germany, Switzerland, Austria, and internationally.

RENK Group

Market Cap: €4.5b

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

SFC Energy

Market Cap: €349.9m

Develops, produces, and distributes systems and solutions for stationary and mobile off-grid power supply based on hydrogen and direct methanol fuel cells worldwide.

IONOS Group

Market Cap: €3.8b

Through its subsidiaries, engages in the provision of web presence and productivity, and cloud solutions in Germany, the United States, the United Kingdom, Spain, France, Poland, and Austria.

Deutsche Beteiligungs

Market Cap: €420.5m

A private equity and venture capital firm specializing in direct and fund of fund investments.

MAX Automation

Market Cap: €226.8m

Engages in the provision of automation solutions for the automotive, electrical, recycling, raw materials recycling, packaging, and medical technology industries in Germany, rest of the European Union, North America, China, and internationally.

Siemens Energy

Market Cap: €42.5b

Operates as an energy technology company worldwide.

Ströer SE KGaA

Market Cap: €2.7b

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

Dürr

Market Cap: €1.3b

Operates as a mechanical and plant engineering company worldwide.

Knorr-Bremse

Market Cap: €12.2b

Develops, produces, and markets braking and other systems for rail and commercial vehicles worldwide.

Hensoldt

Market Cap: €7.2b

HENSOLDT AG, together with its subsidiaries, engages in the provision of defense and sensor solutions for defense and security applications worldwide.

AUTO1 Group

Market Cap: €3.7b

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

USU Software

Market Cap: €220.8m

Provides software and service solutions for information technology (IT) and customer service management in Germany and internationally.

Eleving Group

Market Cap: €164.4m

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

Serviceware

Market Cap: €143.9m

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

Basler

Market Cap: €243.8m

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

SAP

Market Cap: €262.2b

Provides enterprise application and business solutions worldwide.

Infineon Technologies

Market Cap: €33.5b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.

SBF

Market Cap: €47.4m

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

ad pepper media International

Market Cap: €52.7m

An investment holding company, engages in the development of performance marketing solutions in Germany, the United Kingdom, Spain, Switzerland, France, Italy, and the Netherlands.