Global Capital Goods Undiscovered Gems With Strong Fundamentals

Impro Precision Industries

Market Cap: HK$10.6b

Provides casting products and precision machining parts in the Americas, Europe, and Asia.

KIMURA KOHKILtd

Market Cap: JP¥48.2b

Designs, manufactures, and sells air-conditioning and heat exchanger equipment in Japan.

Transformers and Rectifiers (India)

Market Cap: ₹95.5b

Manufactures and sells transformers in India.

Elecon Engineering

Market Cap: ₹120.2b

Manufactures and sells Industrial Gears and Material Handling Equipment in India and internationally.

Southern Cable Group Berhad

Market Cap: RM 2.2b

Manufactures and sells cables and wires for power transmission and distribution, communications, and control & instrumentation applications in Malaysia and internationally.

Guangzhou Metro Design & Research Institute

Market Cap: CN¥6.5b

Guangzhou Metro Design & Research Institute Co., Ltd.

STIF Société anonyme

Market Cap: €311.7m

Manufactures and sells components for the handling of bulk products in France.

Mincon Group

Market Cap: UK£92.4m

Engages in designing, manufacturing, selling, and servicing of rock drilling tools and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa.

Hoden Seimitsu Kako Kenkyusho

Market Cap: JP¥23.5b

Manufactures and sells electric discharge machining, industrial gas turbine parts, and other metal products.

Canny Elevator

Market Cap: CN¥5.9b

Engages in the research and development, manufacturing, production, sale, installation, repair, and maintenance of elevators in China.

Aichi

Market Cap: JP¥85.0b

Manufactures and sells mechanized vehicles for electric utilities, telecommunications, construction, cargo handling, shipbuilding, and rail industries in Japan, Asia, Oceania, Europe, and internationally.

Avingtrans

Market Cap: UK£166.8m

Provides engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide.

Gakken Holdings

Market Cap: JP¥43.8b

Engages in educational, and healthcare and nursing business in Japan and internationally.

James Halstead

Market Cap: UK£558.5m

Manufactures and supplies flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia, Asia, and internationally.

Nicolás Correa

Market Cap: €118.9m

Engages in the manufacture ang sale of milling machines and machining centres in Spain, rest of European Union, and internationally.

Steyr Motors

Market Cap: €240.8m

Engages in manufacturing and selling diesel engines for commercial and military vehicles worldwide.

Ponsse Oyj

Market Cap: €685.9m

Operates as manufacturer of cut-to-length forest machines Nordic and Baltic countries, Central and Southern Europe, South America and North America, Asia, Australia, and Africa.

Masterflex

Market Cap: €123.1m

Develops, manufactures, and distributes high-tech hoses and connecting systems for various industrial and manufacturing applications in Germany, Rest of Europe, and internationally.

Next Geosolutions Europe

Market Cap: €590.4m

Provides marine geoscience and offshore construction support services in Europe, Asia, and North America.

SUFA Technology Industry CNNC

Market Cap: CN¥8.7b

Engages in the research and development, production, sales, and service of industrial valves in China and internationally.

Man Industries (India)

Market Cap: ₹32.0b

Manufactures, processes, sells, and trades in submerged arc-welded pipes and steel products in India.

Lum Chang Creations

Market Cap: S$143.3m

Operates as an urban revitalization specialist that offers conservation and restoration works in Singapore and Malaysia.

Tokyu Construction

Market Cap: JP¥116.3b

Engages in the civil engineering and building construction businesses in Japan.

Qingdao Hiron Commercial Cold Chain

Market Cap: CN¥5.9b

Qingdao Hiron Commercial Cold Chain Co., Ltd.

Dai-Dan

Market Cap: JP¥293.7b

Engages in the design, supervision, and construction of electrical, air conditioning, water hygiene, and firefighting facilities works and machinery in Japan.

Nachi-Fujikoshi

Market Cap: JP¥88.3b

Manufactures and sells machine tools, parts, and other products in Japan, Asia, the Americas, and Europe.

Aamal Company Q.P.S.C

Market Cap: ر.ق5.0b

Engages in the industrial manufacturing, trading and distribution, managed services, and property management and development businesses in Qatar and internationally.

GELEX Group

Market Cap: ₫40.7t

Primarily engages in the production and sale of electrical equipment principally in Vietnam.

Jiangsu Shentong Valve

Market Cap: CN¥7.3b

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

R.A.K. Ceramics P.J.S.C

Market Cap: د.إ2.5b

Engages in manufacture and sale of various ceramic products in the Middle East, Europe, Asian countries, and internationally.

TK Group (Holdings)

Market Cap: HK$2.1b

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

Coteccons Construction

Market Cap: ₫8.9t

Provides designing and construction services in Vietnam.

Sumec

Market Cap: CN¥14.1b

Engages in the supply and industrial chain business in China.

GenusPlus Group

Market Cap: AU$1.2b

Engages in the installation, construction, and maintenance of power and communication systems in Australia.

Hudaco Industries

Market Cap: R5.4b

Imports and distributes automotive, industrial, and electrical consumable products in South Africa and internationally.

Takamatsu Construction Group

Market Cap: JP¥121.5b

Engages in the construction business in Japan.