Global Capital Goods Undervalued Small Caps

Sineng ElectricLtd

Market Cap: CN¥10.4b

Engages in the research and development, manufacture, maintenance, and trading of power electronic products in the People's Republic of China and internationally.

Shenzhen KSTAR Science and Technology

Market Cap: CN¥13.5b

Shenzhen KSTAR Science and Technology Co., Ltd.

Hyundai Elevator

Market Cap: ₩2.8t

Designs, manufactures, installs, maintains, and modernizes elevators in South Korea and internationally.

REV Group

Market Cap: US$1.8b

Designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in North America and internationally.

Huber+Suhner

Market Cap: CHF 1.4b

Engages in the provision of electrical and optical connectivity components and system solutions.

Nyab

Market Cap: SEK 4.1b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.

Nisshinbo Holdings

Market Cap: JP¥136.0b

Operates wireless communication, microdevice, automobile brakes, precision instruments, chemicals, textiles, and real estate businesses in China and internationally.

Soosan Industries

Market Cap: ₩276.1b

Provides power plant construction and maintenance services in South Korea.

Somany Ceramics

Market Cap: ₹18.0b

Engages in the manufacture and sale of ceramic tiles and related products in India.

West Holdings

Market Cap: JP¥61.1b

Engages in the renewable energy business in Japan and internationally.

Ningbo Haitian Precision MachineryLtd

Market Cap: CN¥10.2b

Ningbo Haitian Precision Machinery Co.,Ltd.

StarragTornos Group

Market Cap: CHF 192.8m

Develops, manufactures, and distributes precision machine tools for milling, turning, boring, grinding, and machining of work pieces of metal, composite materials, and ceramics.

Magellan Aerospace

Market Cap: CA$842.2m

Through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

Wilson Bayly Holmes-Ovcon

Market Cap: R9.9b

Operates as a construction company in South Africa, rest of Africa, and the United Kingdom.

Zhejiang HangKe Technology

Market Cap: CN¥10.4b

Designs, develops, produces, and sells lithium-ion (Li-ion) battery post-processing systems for the charging and discharging industry in China and internationally.

Uniparts India

Market Cap: ₹14.1b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.

Stylam Industries

Market Cap: ₹27.1b

Manufactures and sells laminates, solid surface panels and allied products in India and internationally.

Chemring Group

Market Cap: UK£1.1b

Provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.

Kinik

Market Cap: NT$39.1b

Produces and sells various abrasives, cutting tools, and reclaimed wafers in Taiwan and internationally.

Bowman Consulting Group

Market Cap: US$425.7m

Provides engineering, technical, and technology enhanced consulting services in the United States.

Lisi

Market Cap: €1.3b

Provides assembly and component solutions for the aerospace, automotive, and medical sectors in France and internationally.

Cambi

Market Cap: NOK 2.9b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

Johns Lyng Group

Market Cap: AU$648.3m

Provides integrated building services in Australia, New Zealand, and the United States.

Jiangsu Linyang Energy

Market Cap: CN¥11.4b

Provides energy meters, and system products and accessories in China and internationally.

Sunonwealth Electric Machine Industry

Market Cap: NT$25.7b

Manufactures and sells precision motors and thermal solutions worldwide.

TK Group (Holdings)

Market Cap: HK$1.8b

An investment holding company, engages in the manufacture, sale, subcontracting, fabrication, and modification of molds and plastic components.

Shanghai Liangxin ElectricalLTD

Market Cap: CN¥9.5b

Research, develops, produces, and sells low-voltage electrical apparatus in China and internationally.

Jiangsu Shentong Valve

Market Cap: CN¥5.6b

Researches, develops, produces, and sells special valves in China and internationally.

Skellerup Holdings

Market Cap: NZ$876.4m

Designs, manufactures, and distributes engineered products for various specialist industrial and agricultural applications.

Austin Engineering

Market Cap: AU$235.8m

Manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors.

Cadre Holdings

Market Cap: US$1.5b

Manufactures and distributes safety equipment and other related products that provides protection to users in hazardous or life-threatening situations in the United States and internationally.