Global Capital Goods Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Bakrie & Brothers

Market Cap: Rp4.7t

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

Voltamp Energy SAOG

Market Cap: ر.ع77.2m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Surya Toto Indonesia

Market Cap: Rp2.4t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

C. Mer Industries

Market Cap: ₪398.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Amir Marketing and Investments in Agriculture

Market Cap: ₪414.9m

Supplies and markets agricultural inputs in Israel.

Dekpol

Market Cap: zł577.0m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

Martifer SGPS

Market Cap: €208.3m

Operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally.

va-Q-tec

Market Cap: €389.2m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Mendelson Infrastructures & Industries

Market Cap: ₪708.0m

Mendelson Infrastructures & Industries Ltd.

Triocean Industrial Corporation

Market Cap: NT$4.5b

Engages in the construction business in Taiwan.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Kondotec

Market Cap: JP¥38.6b

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Chudenko

Market Cap: JP¥190.3b

Operates as an equipment engineering company in Japan.

iMarketKorea

Market Cap: ₩267.4b

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

Lemtech Holdings

Market Cap: NT$4.9b

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

Subaru Enterprise

Market Cap: JP¥37.9b

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

Techno Ryowa

Market Cap: JP¥82.5b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Sixxon Tech

Market Cap: NT$4.6b

Engages in the design, manufacturing, processing, and sale of parts and components of automotive, industrial applications, electronics, and medical products in Asia, Europe, and North America.

Togami Electric Mfg

Market Cap: JP¥17.6b

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

Nikko

Market Cap: JP¥28.1b

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

Techno Smart

Market Cap: JP¥19.2b

Provides liquid crystal-related film and cast film manufacturing devices.

Komori

Market Cap: JP¥81.2b

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

Lumax International

Market Cap: NT$9.3b

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

FDK

Market Cap: JP¥15.0b

Manufactures and sells batteries, rechargeable batteries, battery devices, and electronic components and devices in Japan.

Payton Industries

Market Cap: ₪503.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Tsubakimoto Kogyo

Market Cap: JP¥46.5b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Maezawa Kasei Industries

Market Cap: JP¥26.9b

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

Otec

Market Cap: JP¥22.1b

Trades pipework equipment in Japan.

Champion Building MaterialsLtd

Market Cap: NT$3.7b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Hong Tai Electric Industrial

Market Cap: NT$11.3b

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

Nippon Sharyo

Market Cap: JP¥30.0b

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.

New Asia Construction & Development

Market Cap: NT$3.6b

Provides public construction services for governments in Taiwan.

Kung Sing Engineering

Market Cap: NT$5.6b

Engages in the construction business in Taiwan.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.3b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.