German Undervalued based on future growth

Daimler Truck Holding

Market Cap: €29.1b

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

Traton

Market Cap: €14.9b

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.

Continental

Market Cap: €11.4b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

KION GROUP

Market Cap: €7.8b

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.

TUI

Market Cap: €4.1b

Provides tourism services worldwide.

Ströer SE KGaA

Market Cap: €2.1b

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

Douglas

Market Cap: €1.3b

Operates as an omnichannel beauty company in Europe.

Wüstenrot & Württembergische

Market Cap: €1.3b

Provides insurance products and services in Germany.

Grenke

Market Cap: €769.6m

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

JOST Werke

Market Cap: €739.0m

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

SAF-Holland

Market Cap: €693.6m

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

Heidelberger Druckmaschinen

Market Cap: €655.8m

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.

Nagarro

Market Cap: €654.0m

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

Energiekontor

Market Cap: €624.1m

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: €623.7m

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.

ProCredit Holding

Market Cap: €554.8m

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

INDUS Holding

Market Cap: €546.5m

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

Verve Group

Market Cap: €460.3m

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

Instone Real Estate Group

Market Cap: €373.0m

Develops residential real estate properties in Germany.

Medios

Market Cap: €345.9m

Supplies specialty pharmaceutical drugs primarily in Germany.

ABO Energy GmbH KGaA

Market Cap: €325.5m

Develops renewable energy projects in Germany and internationally.

VIB Vermögen

Market Cap: €297.5m

Engages in the development, acquisition, and management of commercial real estate properties in Germany.

Amadeus FiRe

Market Cap: €276.0m

Provides personnel and training services in Germany.

M1 Kliniken

Market Cap: €261.3m

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

BAUER

Market Cap: €249.6m

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

Angler Gaming

Market Cap: €235.5m

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

All for One Group

Market Cap: €210.1m

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

Eleving Group

Market Cap: €192.1m

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

PWO

Market Cap: €86.3m

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

Ringmetall

Market Cap: €86.0m

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

FORTEC Elektronik

Market Cap: €48.3m

Provides components and systems in the areas of display technology, embedded systems, and power supplies in Germany and internationally.

YOC

Market Cap: €46.9m

Operates as a mobile advertising company in Germany and internationally.

ecotel communication ag

Market Cap: €46.5m

Provides marketing information and telecommunication solutions in Germany.

Berentzen-Gruppe

Market Cap: €36.0m

Produces and distributes spirits and non-alcoholic beverages in Germany, rest of Europe Union, rest of Europe, and internationally.

Delticom

Market Cap: €32.1m

Engages in online distribution of tires and wheels in Europe.

DATRON

Market Cap: €31.7m

Designs, develops, manufactures, and sells various machining systems worldwide.