Australian Capital Goods Undervalued Small Caps

Civmec

Market Cap: AU$733.9m

An investment holding company, provides construction and engineering services to the energy, resources, infrastructure, marine, and defense sectors in Australia.

Tasmea

Market Cap: AU$1.1b

Provides shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia.

Austal

Market Cap: AU$2.9b

Engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America.