German Undervalued based on future growth

Mercedes-Benz Group

Market Cap: €57.3b

Operates as an automotive company in Germany and internationally.

Daimler Truck Holding

Market Cap: €26.9b

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

Traton

Market Cap: €14.2b

Manufactures and sells commercial vehicles in Germany, rest of Europe, the United States of America, rest of North America, Brazil, rest of South America, and internationally.

Deutsche Lufthansa

Market Cap: €9.4b

Operates as an aviation company in Germany and internationally.

TUI

Market Cap: €3.9b

Provides tourism services worldwide.

Ströer SE KGaA

Market Cap: €1.9b

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

Wüstenrot & Württembergische

Market Cap: €1.3b

Provides insurance products and services in Germany.

Wacker Neuson

Market Cap: €1.2b

Manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally.

DEUTZ

Market Cap: €1.2b

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

Jenoptik

Market Cap: €1.1b

Provides advanced photonic solutions and smart mobility solutions in Germany and internationally.

TeamViewer

Market Cap: €922.2m

Provides remote connectivity solutions worldwide.

JOST Werke

Market Cap: €783.7m

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

Nagarro

Market Cap: €737.4m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

INDUS Holding

Market Cap: €638.6m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

SAF-Holland

Market Cap: €629.2m

Manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.

Grenke

Market Cap: €624.7m

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

Heidelberger Druckmaschinen

Market Cap: €608.7m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Stabilus

Market Cap: €491.5m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

Energiekontor

Market Cap: €473.4m

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

ProCredit Holding

Market Cap: €441.7m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Verve Group

Market Cap: €410.2m

A digital media company, engages in the provision of ad-software solutions in North America and Europe.

Medios

Market Cap: €369.3m

Supplies specialty pharmaceutical drugs primarily in Germany.

ABO Energy GmbH KGaA

Market Cap: €315.4m

Develops renewable energy projects in Germany and internationally.

M1 Kliniken

Market Cap: €272.8m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Amadeus FiRe

Market Cap: €272.7m

Provides personnel and training services in Germany.

Stratec

Market Cap: €259.5m

Provides automation solutions for in-vitro diagnostics and life science companies in Germany, the European Union, and internationally.

Angler Gaming

Market Cap: €252.7m

Invests in companies that offer gaming services through the internet in Malta.

BAUER

Market Cap: €236.7m

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

Eleving Group

Market Cap: €197.9m

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

All for One Group

Market Cap: €193.4m

Provides business software solutions for SAP, Microsoft, and IBM primarily in Germany, Switzerland, Austria, Poland, Luxembourg, and internationally.

Platform Group

Market Cap: €170.4m

Operates an online platform for premium and luxury fashion accessories in Germany, the Netherlands, Austria, the United Kingdom, Switzerland, France, Italy, and internationally.

Gesco

Market Cap: €149.1m

Operates in the process, resource, healthcare, and infrastructure technology sectors in Germany, rest of Europe, the United States, and internationally.

Grammer

Market Cap: €93.2m

Engages in the development, production, and sale of components and systems for automotive interiors worldwide.

PWO

Market Cap: €90.6m

Develops, produces, and sells metal components and systems for the mobility industry in Germany, Czechia, Canada, Mexico, Serbia, and China.

Ringmetall

Market Cap: €86.6m

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

ecotel communication ag

Market Cap: €43.3m

Provides marketing information and telecommunication solutions in Germany.