Global Capital Goods Undiscovered Gems With Strong Fundamentals

Junjin Construction and RobotLtd

Market Cap: ₩747.9b

Junjin Construction & Robot Co., Ltd. manufactures and sells construction equipment in South Korea and internationally.

China Haisum Engineering

Market Cap: CN¥4.6b

Engages in the engineering EPC, engineering design, consultation and supervision services.

SHAPE Australia

Market Cap: AU$339.2m

Engages in the construction, fitout, and refurbishment of commercial properties in Australia.

Karat Packaging

Market Cap: US$584.8m

Engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.

Shenzhen FRD Science & Technology

Market Cap: CN¥12.4b

Shenzhen FRD Science & Technology Co., Ltd.

BHI

Market Cap: ₩1.1t

Engages in the development, manufacture, and supply of power plant equipment worldwide.

Dat Phuong Group

Market Cap: ₫4.5t

Engages in the construction and energy investment business in Vietnam.

ACL Cables

Market Cap: LK₨37.1b

Manufactures and supplies cables and conductors in Sri Lanka.

Swaraj Engines

Market Cap: ₹48.1b

Manufactures and sells diesel engines and its engine components, hi-tech engine, and spare parts for tractors in India.

Cirrus Aircraft

Market Cap: HK$15.3b

Manufactures and sells piston aircraft and single-engine turbine jets worldwide.

Nan Juen International

Market Cap: NT$12.9b

Engages in the research, development, manufacturing, and trading of steel ball guide rails in the United States, Asia, Europe, Africa, and internationally.

Wilson Bayly Holmes-Ovcon

Market Cap: R9.4b

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

Raubex Group

Market Cap: R8.1b

Engages in the infrastructure development and construction materials business in South Africa, Australia, rest of Africa, and internationally.

Global Industrial

Market Cap: US$1.1b

Through its subsidiaries, operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in the United States and Canada.

Aecc Aero Science and TechnologyLtd

Market Cap: CN¥9.1b

Engages in the research, development, manufacture, sale, and service of aircraft engines and gas turbine parts in China, rest of Asia, the United States, and Europe.

Sinfonia TechnologyLtd

Market Cap: JP¥262.4b

Manufactures and sells various equipment.

Shanxi Huaxiang Group

Market Cap: CN¥9.6b

Engages in the research and development, production, and sale of customized metal parts in China and internationally.

Yokogawa Bridge Holdings

Market Cap: JP¥102.7b

Yokogawa Bridge Holdings Corp. constructs steel bridge projects in Japan and internationally.

Magellan Aerospace

Market Cap: CA$1.1b

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

MN Holdings Berhad

Market Cap: RM 877.6m

An investment holding company, provides underground utilities engineering and substation engineering services and solutions in Malaysia.

Engineers India

Market Cap: ₹136.6b

An engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide.

Luoyang Xinqianglian Slewing Bearing

Market Cap: CN¥13.7b

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

STIF Société anonyme

Market Cap: €345.6m

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

Kepler Weber

Market Cap: R$1.4b

Provides storage equipment and post-harvest grain solutions in Brazil, Central and South America, Africa, and Asia.

NittoseikoLtd

Market Cap: JP¥20.8b

Manufactures and sells industrial fasteners and tools, industrial machinery and precision equipment, measurement and control equipment, and medical equipment in Japan, rest of Asia, and internationally.

Hoden Seimitsu Kako Kenkyusho

Market Cap: JP¥18.6b

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

Jiangsu Shemar ElectricLtd

Market Cap: CN¥11.8b

Engages in the research and development, production, and sale of power system substation composite external insulation, transmission and distribution lines, and rubber seals in China.

Changhong Huayi Compressor

Market Cap: CN¥5.0b

Research, develops, manufactures, and sells various compressors in China and internationally.

Canny Elevator

Market Cap: CN¥5.6b

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

INOX India

Market Cap: ₹114.2b

Manufactures and supplies cryogenic liquid storage and transport tanks for gas companies and other customers in India and internationally.

Southern Cable Group Berhad

Market Cap: RM 1.5b

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

Transformers and Rectifiers (India)

Market Cap: ₹141.5b

Manufactures and sells transformers in India.

Aichi

Market Cap: JP¥99.6b

Manufactures and sells mechanized vehicles for electric utilities, telecommunications, construction, cargo handling, shipbuilding, and rail industries worldwide.

Sterling and Wilson Renewable Energy

Market Cap: ₹72.0b

Engages in the provision of engineering, procurement, and construction (EPC) services to solar power projects.

Shanghai Zhongchen Electronic TechnologyLtd

Market Cap: CN¥7.1b

Shanghai Zhongchen Electronic Technology Co.,Ltd.

Cembre

Market Cap: €926.5m

Engages in the manufacture and sale of electrical connectors, cable accessories, and tools in Italy, the rest of Europe, and internationally.