Global Capital Goods Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Center International GroupLtd

Market Cap: CN¥5.7b

Provides building metal enclosure systems solutions in China.

Togami Electric Mfg

Market Cap: JP¥17.7b

Engages in manufacturing and sale of power distribution and control equipment in Japan.

Enviro Infra Engineers

Market Cap: ₹46.5b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Kondotec

Market Cap: JP¥40.2b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Kung Sing Engineering

Market Cap: NT$5.6b

Engages in the construction business in Taiwan.

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥4.2b

Researches, develops, manufactures, installs, and sells elevators in China and internationally.

Subaru Enterprise

Market Cap: JP¥38.2b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

Lemtech Holdings

Market Cap: NT$5.0b

Research, develops, produces, and sells precision metal dies and metal stampings in Asia, the Americas, and Europe.

iMarketKorea

Market Cap: ₩263.7b

Operates as an industrial material distribution service company in South Korea and internationally.

Sam Holdings

Market Cap: ₫2.8t

Manufactures and distributes wires and cables for telecommunications under the SACOM brand in Vietnam.

Wuxi Chemical Equipment

Market Cap: CN¥4.2b

Designs, develops, manufactures, and markets metal pressure vessels in China.

Oriental Precision & EngineeringLtd

Market Cap: ₩255.1b

Oriental Precision & Engineering Co.,Ltd.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.3b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

Lumax International

Market Cap: NT$9.3b

Provides electronic components and program-controlled instruments in Taiwan and China.

Triocean Industrial Corporation

Market Cap: NT$4.8b

Engages in the construction business in Taiwan.

Tai Sin Electric

Market Cap: S$248.5m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Indo Tech Transformers

Market Cap: ₹19.7b

Manufactures and sells transformers in India and internationally.

Bakrie & Brothers

Market Cap: Rp4.5t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

Shanghai Guangdian Electric Group

Market Cap: CN¥3.4b

Shanghai Guangdian Electric Group Co., Ltd.

Wuxi Huadong Heavy Machinery

Market Cap: CN¥7.6b

Manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China.

Te Chang Construction

Market Cap: NT$6.7b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Otec

Market Cap: JP¥22.1b

Trades pipework equipment in Japan.

Nanfang Ventilator

Market Cap: CN¥4.2b

Designs and manufactures HVAC products in China.

Hong Tai Electric Industrial

Market Cap: NT$11.3b

Manufactures, processes, and sells wires and cables, communication products and accessories, and copper foil substrates.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥5.5b

ShenZhen QiangRui Precision Technology Co., Ltd.

Hayleys

Market Cap: LK₨133.9b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Nippon Sharyo

Market Cap: JP¥30.4b

Engages in the manufactures and sale of railway vehicles, construction machinery, transportation equipment, steel structures, construction; and engineering and other activities in Japan, the United States, Asia, and internationally.

Indo Farm Equipment

Market Cap: ₹9.8b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Hind Rectifiers

Market Cap: ₹23.1b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Chudenko

Market Cap: JP¥194.4b

Operates as an equipment engineering company in Japan.

SML Isuzu

Market Cap: ₹55.3b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Hoang Huy Investment Financial Services

Market Cap: ₫17.1t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Nikko

Market Cap: JP¥29.4b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Maezawa Kasei Industries

Market Cap: JP¥27.2b

Produces and sells water and sewerage related products, and environmental equipment.

Komori

Market Cap: JP¥83.8b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.