German Undervalued based on future growth

Traton

Market Cap: €16.7b

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: €9.6b

Operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa.

Deutsche Wohnen

Market Cap: €8.1b

Develops and manages residential properties in Germany.

TUI

Market Cap: €3.7b

Provides tourism services internationally.

TAG Immobilien

Market Cap: €2.8b

A real estate company, engages in the development, management, and sale of residential property portfolio in Germany.

Wüstenrot & Württembergische

Market Cap: €1.4b

Provides insurance products and services in Germany.

Wacker Neuson

Market Cap: €1.3b

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

Douglas

Market Cap: €1.2b

Douglas AG retails beauty products in Europe.

TeamViewer

Market Cap: €687.2m

Provides remote connectivity solutions worldwide.

innoscripta

Market Cap: €671.0m

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

Gerresheimer

Market Cap: €589.6m

Provides medicine packaging, drug delivery devices, and solutions in Germany and internationally.

Grenke

Market Cap: €577.0m

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

Nagarro

Market Cap: €568.7m

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

Energiekontor

Market Cap: €537.8m

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: €480.6m

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

Deutsche Rohstoff

Market Cap: €448.5m

Engages in the exploration and production of crude oil and natural gas primarily in the United States, Australia, Western Europe, and South Korea.

Stabilus

Market Cap: €444.1m

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: €418.5m

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.

adesso

Market Cap: €359.4m

Provides IT services in Germany, Austria, Switzerland, and internationally.

Medios

Market Cap: €318.6m

Supplies specialty pharmaceutical drugs primarily in Germany.

SIMONA

Market Cap: €266.4m

Develops, manufactures, and markets a range of semi-finished thermoplastics, pipes, fittings, and profiles worldwide.

Angler Gaming

Market Cap: €240.0m

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

HMS Bergbau

Market Cap: €202.6m

Engages in trading and distributing coal and other energy raw materials to energy producers, cement manufacturers, and industrial consumers worldwide.

Eleving Group

Market Cap: €190.9m

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

MEDICLIN

Market Cap: €168.2m

Operates hospitals in Germany.

UmweltBank

Market Cap: €159.8m

Provides various banking products and services in Germany.

Gesco

Market Cap: €150.6m

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

H&R GmbH KGaA

Market Cap: €149.3m

Engages in the production and sale of chemical-pharmaceutical raw materials and injection molded precision plastic parts worldwide.

Scandinavian Astor Group

Market Cap: €87.3m

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

Ringmetall

Market Cap: €79.6m

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

ABO Energy GmbH KGaA

Market Cap: €53.4m

Develops renewable energy projects in Germany and internationally.

Platform Group SE KGaA

Market Cap: €53.1m

A software company, operates online platforms for B2B and B2C customers.

FORTEC Elektronik

Market Cap: €36.4m

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

Berentzen-Gruppe

Market Cap: €32.7m

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

DATRON

Market Cap: €28.5m

Designs, develops, manufactures, and sells milling machines and tools worldwide.

YOC

Market Cap: €25.0m

Operates as a mobile advertising company in Germany and internationally.