German Low Leverage High Rewards

Hannover Rück

Market Cap: €33.0b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

FRoSTA

Market Cap: €671.2m

Develops, produces, and markets frozen food products in Germany, the rest of Europe, and internationally.

Allianz

Market Cap: €145.7b

Provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €71.2b

Engages in the insurance and reinsurance businesses worldwide.

ATOSS Software

Market Cap: €1.2b

Offers technology and consulting solutions for professional workforce management and demand optimized personnel deployment in Germany, Austria, Switzerland, Netherlands, Romania, and internationally.

Uzin Utz

Market Cap: €349.1m

Develops, manufactures, and sells construction chemical product systems in Germany, the United States, Netherlands, and internationally.

CEWE Stiftung KGaA

Market Cap: €642.3m

Operates as a photo service and online printing provider in Germany and internationally.

Lechwerke

Market Cap: €2.5b

Operates as an energy supplier in Germany.

GEA Group

Market Cap: €10.1b

Produces and supplies systems and components to the food, beverage, and pharmaceutical industries worldwide.

Fair Value REIT-AG

Market Cap: €40.1m

A real estate investment trust focused on owning and managing Commercial real estate in German regional centers.

Schloss Wachenheim

Market Cap: €111.3m

Produces and distributes sparkling and semi-sparkling wine products in Europe, France, Poland, Romania, the Czech Republic, Slovakia, and Great.

MeVis Medical Solutions

Market Cap: €41.9m

Develops software for recording, analyzing, and evaluating image data to manufacturers of medical devices, providers of medical IT platforms, and clinical end customers in the United States and Europe.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Bechtle

Market Cap: €3.9b

Provides information technology (IT) services in Germany, France, Benelux, and Europe.

Talanx

Market Cap: €29.9b

Provides insurance and reinsurance products and services worldwide.

RheinLand Holding

Market Cap: €126.0m

Provides various insurance products and services for private and commercial customers in Germany and internationally.

freenet

Market Cap: €3.2b

Provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

Leifheit

Market Cap: €152.5m

Develops and distributes household products in Germany, Central and Eastern Europe, and internationally.

RATIONAL

Market Cap: €7.8b

Engages in the development, production, and sale of cooking systems for industrial kitchens in Germany, Austria, Switzerland, United States, Canada, Mexico, China, Japan, and South Korea.

Mensch und Maschine Software

Market Cap: €596.1m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

Nordwest Handel

Market Cap: €58.3m

Provides procurement, logistics, and sales services.

Krones

Market Cap: €3.9b

Plans, develops, manufactures, and sells machines and lines for the fields of process, filling, and packaging technology in Germany, the rest of Europe, the Middle East, the Asia Pacific, China, the Americas, and internationally.

Südwestdeutsche Salzwerke

Market Cap: €683.0m

Südwestdeutsche Salzwerke AG, together with its subsidiaries, mines, produces, and sells salt in Germany, the European Union, and internationally.

MLP

Market Cap: €816.1m

Provides financial services to private, corporate, and institutional clients in Germany.

Paul Hartmann

Market Cap: €742.3m

Manufactures and sells medical and care products in Germany, the rest of Europe, the Middle East, Africa, Asia and Pacific region, and the Americas.

GFT Technologies

Market Cap: €462.7m

Provides digital transformation services.

technotrans

Market Cap: €204.5m

Operates as a technology and services company worldwide.

Kulmbacher Brauerei Aktien-Gesellschaft

Market Cap: €127.0m

Engages in the brewery business in Germany and internationally.

Evonik Industries

Market Cap: €7.8b

Operates as a chemicals company in the Asia-Pacific, Europe, the Middle East, Africa, and the Americas.

Delticom

Market Cap: €38.3m

Engages in online distribution of tires and wheels in Europe.

PEH Wertpapier

Market Cap: €46.7m

Offers asset management services to private customers.

Cancom

Market Cap: €747.8m

Provides information technology services in Germany and internationally.

DocCheck

Market Cap: €63.4m

Offers community, agency, and e-commerce services for the healthcare sector in Europe.

Carl Zeiss Meditec

Market Cap: €2.4b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

Wacker Neuson

Market Cap: €1.4b

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

Bastei Lübbe

Market Cap: €88.2m

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