German Software Potentially Undervalued Small Caps

tick Trading Software

Market Cap: €15.2m

A software company, provides solutions for professional trading of various asset classes worldwide.

ORBIS

Market Cap: €48.3m

Provides software and business consultancy services in Germany and internationally.

B+S Banksysteme

Market Cap: €13.5m

Provides software solutions for banks and financial service providers.

INTERSHOP Communications

Market Cap: €20.5m

Offers ecommerce solutions in Germany, rest of Europe, and internationally.

NorCom Information Technology GmbH KGaA

Market Cap: €3.4m

Develops and implements big data and KI solutions in Germany and internationally.

Cliq Digital

Market Cap: €21.6m

An online performance marketing company, sells digital products and bundled-content subscriptions to consumers in North America, Europe, Latin America, and internationally.

plenum

Market Cap: €6.1m

Engages in the provision of management consulting services to energy and mobility, financial institutions, and insurance companies in Germany, Austria, Switzerland, and the United States.