German Diversified Financials Undervalued over 20% based on DCF

Deutsche Bank

Market Cap: €52.0b

A stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa.

flatexDEGIRO

Market Cap: €3.6b

Provides online brokerage and IT solutions for banking and securities in Europe.

Grenke

Market Cap: €567.2m

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

capsensixx

Market Cap: €61.4m

Engages in the financial administration as a service business.

ALBIS Leasing

Market Cap: €60.2m

Through its subsidiaries, provides leasing, hire purchase, and rental solutions for medium-sized companies in Germany.

DF Deutsche Forfait

Market Cap: €22.6m

Provides foreign trade finance and related services for exporters, importers, and other financial companies in Iran, Europe, Germany, and the Czech Republic.

FORIS

Market Cap: €15.2m

Provides legal financial services in Germany.

Private Assets SE KGaA

Market Cap: €12.5m

Operates as a management consulting and investment company.

Bavaria Venture Capital & Trade

Market Cap: €8.1m

Operates as an investment company.