German Capital Goods Undervalued based on future growth

Traton

Market Cap: €17.2b

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.

KION GROUP

Market Cap: €5.6b

Provides industrial trucks and supply chain solutions in Western and Eastern Europe, the Middle East, Africa, North America, Central and South America, China, and the rest of the Asia Pacific.

DEUTZ

Market Cap: €1.6b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Wacker Neuson

Market Cap: €1.3b

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

Energiekontor

Market Cap: €629.4m

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

Stabilus

Market Cap: €484.2m

Engages in the development, production, and distribution of gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Germany, other European countries, the Middle East, Africa, North America, South America, the Asia-Pacific, and internationally.

Heidelberger Druckmaschinen

Market Cap: €437.6m

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.

Gesco

Market Cap: €142.6m

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

Scandinavian Astor Group

Market Cap: €107.4m

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

R. STAHL

Market Cap: €89.5m

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

Ringmetall

Market Cap: €77.9m

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

LION E-Mobility

Market Cap: €28.2m

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