German Materials Undervalued over 20% based on DCF

BASF

Market Cap: €37.3b

Operates as a chemical company worldwide.

Covestro

Market Cap: €11.4b

Supplies high-tech polymer materials and application solutions.

Symrise

Market Cap: €10.9b

Operates as a supplier of fragrances, flavorings, cosmetic base materials and active ingredients, and functional ingredients and solutions in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America.

Wacker Chemie

Market Cap: €3.2b

Provides chemical products worldwide.

LANXESS

Market Cap: €2.0b

Operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide.