German Potentially Undervalued Small Caps

Platform Group SE KGaA

Market Cap: €51.7m

A software company, operates online platforms for B2B and B2C customers.

ecotel communication ag

Market Cap: €24.1m

Engages in the marketing of information and telecommunications solutions for startups, and small and medium-sized companies in Germany and internationally.

LION E-Mobility

Market Cap: €15.1m

Through its subsidiaries, engages in the development, production, and distribution of battery modules and packs, and battery management systems in Switzerland.

ABO Energy GmbH KGaA

Market Cap: €52.6m

Develops renewable energy projects in Germany and internationally.

B+S Banksysteme

Market Cap: €11.0m

Provides software solutions for banks and financial service providers.

Wolftank Group

Market Cap: €22.1m

Provides environmental remediation and refueling solutions for renewable energies worldwide.

hGears

Market Cap: €10.5m

Develops, manufactures, distributes, and supplies precision components and subsystems, and system solutions in European Union, the United States, China, and rest of the world.

Berentzen-Gruppe

Market Cap: €32.9m

Produces and distributes spirits and non-alcoholic beverages in Germany, rest of Europe Union, rest of Europe, and internationally.

InTiCa Systems

Market Cap: €8.6m

Develops, produces, and markets inductive components and systems, passive analog circuit technology, and mechatronic assemblies in Germany and internationally.

MS Industrie

Market Cap: €39.2m

Primarily operates in the powertrain and ultrasonic technology businesses in Germany and internationally.

Exasol

Market Cap: €52.9m

A technology company, engages in the provision of an analytics engine to access and analyze a company’s data in Germany, Austria, Switzerland, Europe, the United Kingdom, and the United States.

INTERSHOP Communications

Market Cap: €19.7m

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

Traumhaus

Market Cap: €2.0m

Engages in the purchase, development, marketing, and sale of real estate properties.

Pyramid

Market Cap: €8.4m

Engages in the development and manufacture of information technology solutions for the retail, financial, and industrial market.

YOC

Market Cap: €25.4m

Operates as a mobile advertising company in Germany and internationally.

Muehlhan

Market Cap: €31.9m

Provides surface protection and industrial services worldwide.

independent capital

Market Cap: €934.7k

Provides financing solutions in Germany.

ORBIS

Market Cap: €45.6m

Provides software and business consultancy services in Germany and internationally.

bet-at-home.com

Market Cap: €17.4m

Through its subsidiaries, provides online sports betting and online casino services in Germany, Austria, Eastern Europe, and rest of Western Europe.

tick Trading Software

Market Cap: €17.3m

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

SBF

Market Cap: €32.2m

Through its subsidiary, SBF Spezialleuchten GmbH, engages in the supply of lighting systems for rail vehicles, municipalities, railways, and industry in Germany.

CR Energy

Market Cap: €8.3m

An investment company, invests in technology companies in Germany.

FORIS

Market Cap: €15.1m

Provides legal financial services in Germany.

Gesundheitswelt Chiemgau

Market Cap: €25.2m

Engages in medicine and tourism businesses in Germany.

Cherry

Market Cap: €11.1m

Manufactures and sells computer input devices in Germany.

Cliq Digital

Market Cap: €18.7m

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

Park & Bellheimer

Market Cap: €11.6m

Produces and distributes beer and non-alcoholic beverages in Germany.

Geratherm Medical

Market Cap: €14.6m

Operates as a medical technology company in Germany.

elumeo

Market Cap: €10.8m

Through its subsidiaries, engages in the design, procurement, and distribution of gemstone jewelry.

DEMIRE Deutsche Mittelstand Real Estate

Market Cap: €43.7m

Engages in the acquisition, management, and leasing of commercial real estate properties for medium-sized companies in Germany.

artec technologies

Market Cap: €5.7m

Develops software and system solutions for the transmission, recording, and analysis of video, audio, and metadata in networks or on the internet in Germany.

Going Public Media

Market Cap: €1.1m

Engages in media business in Germany.

Splendid Medien

Market Cap: €12.1m

Provides various services for the film and television industries in Germany, rest of Europe, and internationally.

FRIWO

Market Cap: €42.4m

Develops, manufactures, and sells smart power supplies units and drive solutions in Germany, rest of Europe, Asia, and internationally.

BMP Pharma Trading

Market Cap: €26.8m

Trades in raw materials for the pharmaceutical, dietary supplement, and veterinary industries.

Ming Le Sports

Market Cap: €3.1k

Engages in the research, development, manufacturing, sale, and distribution of footwear, clothing, accessories, and sporting goods in Germany and internationally.