What to check in German net-nets
Many German companies fund pensions on their own balance sheet, so pension provisions can be large. They are liabilities and reduce NCAV. Also check for a domination or profit-transfer agreement with a parent company, which can cap what minority shareholders receive.
Wherever it is listed, a net-net is cheap for a reason. Our 10-point net-net checklist covers the questions to ask of every company.
How EveryNetNet lists German net-nets
EveryNetNet lists every company it can find whose market cap is at or below its net current asset value (P/NCAV above 0 and at most 1.0). All figures are in US dollars and the list updates daily. The methodology page explains the formula, the data and what is excluded.
German net-nets are part of Pro, which shows the full list across 50+ countries and lets you filter by country to see Germany only. The free plan covers 50 US net-nets.
See today's German net-nets
Create a free account, then upgrade to Pro to filter the full list by Germany.