German Diversified Financials Potentially Undervalued Companies

Regional Management

Market Cap: €261.3m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

ORIX

Market Cap: €3.5t

Provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East.

MPC Münchmeyer Petersen Capital

Market Cap: €187.5m

A publicly owned investment manager.

Merchants Bancorp

Market Cap: €1.5b

Operates as the diversified bank holding company in the United States.

Intermediate Capital Group

Market Cap: €5.7b

A private equity firm specializing in direct and fund of fund investments.

Exor

Market Cap: €18.0b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

GQG Partners

Market Cap: €6.3b

Operates as a boutique asset management company worldwide.

Kaspi.kz

Market Cap: €15.8b

Provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine.

MPC Münchmeyer Petersen Capital

Market Cap: €187.5m

A publicly owned investment manager.

FRP Advisory Group

Market Cap: €323.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders.

W.A.G payment solutions

Market Cap: €496.8m

Operates integrated payments and mobility platform that focuses on the commercial road transportation industry in Europe.

Wendel

Market Cap: €3.7b

A private equity firm specializing in equity financing in middle markets and later stages through leveraged buy-out and transactions and acquisitions.

FinVolution Group

Market Cap: €2.1b

Operates in the online consumer finance industry.

CSC Financial

Market Cap: €175.5b

Provides investment banking services in Mainland China and internationally.

Exor

Market Cap: €18.0b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

Bairong

Market Cap: €3.6b

Operates as a cloud-based AI turnkey services provider in China.

PROG Holdings

Market Cap: €1.1b

A financial technology holding company, provides payment options to consumers in the United States.

Credit Corp Group

Market Cap: €923.7m

Engages in the provision of debt ledger purchase and collection, and consumer lending services in Australia, New Zealand, and the United States.

HAL Trust

Market Cap: €10.8b

Operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally.

Insignia Financial

Market Cap: €2.3b

Provides financial advice, platforms, and asset management services in Australia.

Far East Horizon

Market Cap: €26.8b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Navigator Global Investments

Market Cap: €801.3m

HFA Holdings Limited operates as a fund management company in Australia.

Rithm Capital

Market Cap: €6.0b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

KRUK Spólka Akcyjna

Market Cap: €7.5b

Engages in the management of debt in Poland, Romania, Italy, the Czech Republic, Slovakia, Germany, Spain, and internationally.

Enact Holdings

Market Cap: €5.3b

Operates as a private mortgage insurance company in the United States.

Alaris Equity Partners Income Trust

Market Cap: €831.6m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

XTB

Market Cap: €9.5b

Provides ETF, currency derivatives, commodities, indices, stocks, and bonds brokerage services in Central and Eastern Europe, Western Europe, Latin America, and the Middle East.

HMC Capital

Market Cap: €2.0b

Owns and manages real estate focused funds in Australia.

Essent Group

Market Cap: €5.8b

Through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States.

BFF Bank

Market Cap: €1.7b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Invesco

Market Cap: €6.4b

A publicly owned investment manager.

Polar Capital Holdings

Market Cap: €421.3m

Polar Capital Holdings plc is a publicly owned investment manager.

IG Group Holdings

Market Cap: €3.8b

A fintech company, engages in the online trading business worldwide.

FirstRand

Market Cap: €414.3b

Provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally.

Goldman Sachs Group

Market Cap: €175.5b

A financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia.

Fuyo General Lease

Market Cap: €362.9b

Engages in the leasing and instalment sales business in Japan and internationally.