German Media Undervalued over 20% based on DCF

CTS Eventim KGaA

Market Cap: €5.7b

Operates in the leisure events market in Germany, Italy, Switzerland, the United States, Austria, the United Kingdom, Spain, Netherlands, Finland, France, Denmark, Sweden, Norway, Chile, Brazil, and internationally.

Springer Nature KGaA

Market Cap: €4.1b

Engages in the publishing business in Germany, the United Kingdom, the United States, and internationally.

Edel SE KGaA

Market Cap: €102.5m

Operates as an independent music company in Europe.

Bastei Lübbe

Market Cap: €89.8m

A media company, publishes books, audio books, e-books, and related digital products in the genres of fiction and popular science content in Germany, Austria, Switzerland, Luxembourg, and the Czech Republic.

DEAG Deutsche Entertainment

Market Cap: €68.1m

Provides live entertainment, ticketing, and entertainment services in Germany, the United Kingdom, Switzerland, Ireland, Spain, Denmark, Italy, and internationally.