German Tech Undervalued over 20% based on DCF

Jenoptik

Market Cap: €1.7b

Provides advanced photonic solutions and smart mobility solutions in Germany and internationally.

Adtran Networks

Market Cap: €1.2b

Engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services.

Funkwerk

Market Cap: €262.7m

Provides communication, information, and security systems in Germany, the European Union, the European Free Trade Association, and internationally.

CeoTronics

Market Cap: €90.6m

Manufactures and distributes electronic audio and video systems, and data transmission and communication solutions for difficult conditions in Germany, rest of Europe, and internationally.

FORTEC Elektronik

Market Cap: €39.5m

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

aconnic

Market Cap: €10.7m

Provides telecommunication system solutions in Germany and internationally.

DISO Verwaltungs

Market Cap: €6.7m

Designs, manufactures, and markets card personalization, card mailing systems, and ID card printers worldwide.