Global Automobiles Undervalued Small Caps

Martinrea International

Market Cap: CA$731.6m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally.

Sandhar Technologies

Market Cap: ₹32.2b

Engages in the manufacturing and assembling of automotive components for the automotive industry in India and internationally.

GSP Automotive Group WenzhouLtd

Market Cap: CN¥7.4b

Researches, develops, and sells automobile chassis systems in China, Europe, North America, South America, Asia, Oceania, and Africa.

Hu Lane Associate

Market Cap: NT$14.8b

Engages in the manufacture and sale of terminal parts for automotive and motorcycle electronics, terminal crimping machines, and industrial rubber and plastic products in Taiwan.

Iochpe-Maxion

Market Cap: R$1.5b

Produces and sells automotive wheels and structural components in Brazil, North America, South America, Europe, the Middle East, Africa, Asia, and internationally.

Dharma Polimetal

Market Cap: Rp4.6t

Through its subsidiaries, manufactures and sells automotive components and metal finishing for motorcycles and cars in Indonesia.

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥11.4b

Engages in the research and development, production, and sales of wiring harnesses for passenger vehicles in China.

CIR. - Compagnie Industriali Riunite

Market Cap: €585.2m

Through its subsidiaries, operates in the automotive components and healthcare sectors in Italy, the rest of European countries, North America, South America, Asia, and internationally.

XPEL

Market Cap: US$1.2b

Manufactures, installs, sells, and distributes protective films, coatings and related services.

Kongsberg Automotive

Market Cap: NOK 1.9b

Develops, manufactures, and sells products to the automotive industry worldwide.