Global Capital Goods Undiscovered Gems With Strong Fundamentals

Chori

Market Cap: JP¥100.7b

Engages in textiles, chemicals, and machinery businesses in China and internationally.

Tanco Holdings Berhad

Market Cap: RM 4.9b

An investment holding company, engages in the property development business primarily in Malaysia.

Hefei Taihe Intelligent Technology GroupLtd

Market Cap: CN¥3.3b

Hefei Taihe Intelligent Technology Group Co.,Ltd.

Jiangsu Seagull Cooling TowerLtd

Market Cap: CN¥2.9b

Engages in design, research and development, manufacturing, and installation of cooling towers in China and internationally.

Ongoal Technology

Market Cap: CN¥7.8b

Engages in the research, design, production, and sale of material handling and automation equipment in China.

Fujii Sangyo

Market Cap: JP¥25.5b

Engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan.

Suzhou Huazhijie Telecom

Market Cap: CN¥5.2b

Researches, develops, manufactures, and markets electronic components for the automotive industry.

Tecnon Electronics

Market Cap: CN¥3.2b

Researches, designs, develops, produces, sells, and services commercial lighting products in China.

Sanyou

Market Cap: CN¥3.8b

Engages in the research and development, manufacture, and sale of relays in China.

Qinchuan Machine Tool & Tool Group Share

Market Cap: CN¥12.4b

Qinchuan Machine Tool & Tool Group Share Co., Ltd.

Sika Interplant Systems

Market Cap: ₹26.7b

Engages in manufacturing and rendering engineering products, engineering projects/systems, and services for aerospace, defense and space, and automotive sectors in India.

Yamato

Market Cap: JP¥42.7b

Designs, constructs, and manages architecture, civil engineering, air conditioning, sanitation, refrigeration, water supply, sewerage, water treatment, and hot bathing projects.

Hokkaidenko

Market Cap: JP¥17.7b

Engages in the design, construction, and maintenance of power distribution facilities in Japan.

PS Construction

Market Cap: JP¥85.0b

Engages in the civil engineering and architecture businesses in Japan and internationally.

GnCenergy

Market Cap: ₩537.8b

Engages in the manufacture and sale of power generators in Korea.

Zhejiang Tiantai Xianghe IndustrialLtd

Market Cap: CN¥3.1b

Zhejiang Tiantai Xianghe Industrial Co.,Ltd.

Shanghai Bloom Technology

Market Cap: CN¥6.9b

Manufactures and supply powder and granular material handling system solutions with pneumatic conveying in China.

Primoco UAV

Market Cap: Kč3.6b

Manufactures and sells unmanned aerial vehicles primarily in Europe, the Middle East, Africa, and Asia.

Chiyoda IntegreLtd

Market Cap: JP¥28.2b

Manufactures and sells structural and functional parts for various products in Japan and internationally.

Seika

Market Cap: JP¥57.0b

Imports, sells, and exports plants, machinery, and environmental protection and electronic information system equipment in Asia, Europe, the United States, and internationally.

Jyoti Structures

Market Cap: ₹23.6b

Manufactures and sells transmission line towers, substation structures, and tall antenna towers/masts in India and internationally.

Hold-Key Electric Wire & Cable

Market Cap: NT$10.0b

Manufactures, imports, and sells cable products in Taiwan.

Plejd

Market Cap: SEK 7.5b

A technology company, develops products and services for smart lighting control in Sweden, Norway, Finland, the Netherlands, Germany, and internationally.

Italmobiliare

Market Cap: €1.2b

An investment holding company, owns and manages a portfolio of equity and other investments in the financial and industrial sectors in Italy and internationally.

Newag

Market Cap: zł3.2b

Engages in the production and sale of railway locomotives and rolling stocks in Poland.

BAUER

Market Cap: €279.7m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

FerreycorpA

Market Cap: S/3.3b

Engages in the distribution of machinery, engines, equipment, spare parts, lubricants, and other goods in Peru, and Central and South America.

Voltamp Energy SAOG

Market Cap: ر.ع80.5m

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

Bonheur

Market Cap: NOK 10.2b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.

Sumitomo DensetsuLtd

Market Cap: JP¥231.8b

Operates as a construction company in Japan, Indonesia, Thailand, Cambodia, Myanmar, the Philippines, China, and Malaysia.

Taihei Dengyo Kaisha

Market Cap: JP¥122.4b

Engages in the plant construction business in Japan and internationally.

ISDN Holdings

Market Cap: S$139.1m

Provides motion control, industrial computing, and other specialized engineering solutions in Singapore, China, Hong Kong, Malaysia, Indonesia, Vietnam, and internationally.

Hiconics Eco-energy Technology

Market Cap: CN¥7.0b

Engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally.

Ingersoll-Rand (India)

Market Cap: ₹132.7b

Manufactures and sells industrial air compressors in India.

Mega Union Technology

Market Cap: NT$31.4b

Plans and designs water and wastewater recovery systems for industrial water applications.

Snt DynamicsLtd

Market Cap: ₩1.2t

Manufactures and sells precision machinery.