Australian Capital Goods Undervalued Small Caps

Symal Group

Market Cap: AU$669.6m

Provides construction contracting, equipment hires, material sales, recycling, and remediation services to the civil construction industry in Australia.

Austal

Market Cap: AU$1.8b

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

IPD Group

Market Cap: AU$519.9m

Distributes electrical infrastructure in Australia.