Australian Capital Goods Undervalued Small Caps

Austal

Market Cap: AU$2.4b

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

Tasmea

Market Cap: AU$960.3m

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

Civmec

Market Cap: AU$777.2m

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

Service Stream

Market Cap: AU$1.3b

Engages in the design, construction, operation, and maintenance of infrastructure networks across the telecommunications, utilities, and transport sectors in Australia.