Global Capital Goods Undiscovered Gems With Strong Fundamentals

Shanghai Zhongchen Electronic TechnologyLtd

Market Cap: CN¥7.1b

Shanghai Zhongchen Electronic Technology Co.,Ltd.

Hwaway Technology

Market Cap: CN¥5.4b

Engages in the research and development, production, and sale of elastic components in China and internationally.

Man Industries (India)

Market Cap: ₹29.0b

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

Aamal Company Q.P.S.C

Market Cap: ر.ق5.1b

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

BlueSword Intelligent Technology

Market Cap: CN¥3.1b

BlueSword Intelligent Technology Co., Ltd.

Masterflex

Market Cap: €125.0m

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

Nicolás Correa

Market Cap: €128.9m

Engages in the design, manufacture, and sale of CNC milling machines in Spain and internationally.

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.

Next Geosolutions Europe

Market Cap: €388.8m

Provides geoscience and engineering services for energy, infrastructure, and utilities sectors.

Ponsse Oyj

Market Cap: €805.8m

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.

James Halstead

Market Cap: UK£662.7m

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

Korea Electric Terminal

Market Cap: ₩672.5b

Manufactures and sells parts for automotive and electronics in South Korea and internationally.

Mitsuboshi Belting

Market Cap: JP¥96.0b

Manufactures and sells power transmission belts, waterproofing and water shielding sheets, and engineering plastics and structural foams in Japan and internationally.

Dai-Dan

Market Cap: JP¥188.7b

Engages in the design, supervision, and construction of electrical, air conditioning, plumbing and sanitary, and firefighting facilities works in Japan.

Yamashin-Filter

Market Cap: JP¥42.7b

Operates as a filter manufacturer.

Giken

Market Cap: JP¥37.1b

Manufactures and sells construction machinery in Japan and internationally.

Gold cup Electric ApparatusLtd

Market Cap: CN¥7.1b

Researches, develops, manufactures, and sells wires and cables in China and internationally.

Shandong Weida Machinery

Market Cap: CN¥5.2b

Engages in the manufacture and sale of drill chucks in China and internationally.

DKSH Holdings (Malaysia) Berhad

Market Cap: RM 786.7m

An investment holding company, provides market expansion services to consumer goods, performance materials, healthcare, and technology industries.

GELEX Group

Market Cap: ₫36.1t

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

Austin Engineering

Market Cap: AU$214.1m

Manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors.

Al Hassan Ghazi Ibrahim Shaker

Market Cap: ر.س1.5b

Engages in the trading, wholesale, and maintenance of spare parts, electronic equipment, household equipment, and air-conditioners in Saudi Arabia and Jordan.

TK Group (Holdings)

Market Cap: HK$1.9b

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

UUE Holdings Berhad

Market Cap: RM 501.8m

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

Jupiter Wagons

Market Cap: ₹161.8b

Manufactures and sells railway wagons, wagon components, and railway transportation equipment in India and internationally.

GRK Infra Oyj

Market Cap: €581.2m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Alumasc Group

Market Cap: UK£131.3m

Manufactures and sells building products, systems, and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally.

KONCAR - Elektroindustrija d.d

Market Cap: €1.3b

Provides products, services, and solutions for power generation, power transmission and distribution, urban mobility and infrastructure, and digital solutions and platforms in Croatia.

Nippon Aqua

Market Cap: JP¥25.3b

Engages in the development, sale, and installation of insulation materials in Japan.

Shibuya

Market Cap: JP¥90.1b

Manufactures and sells packaging and other systems in Japan and internationally.

Skellerup Holdings

Market Cap: NZ$941.1m

Designs, manufactures, and distributes engineered products for various specialist industrial and agricultural applications.

Ficont Industry (Beijing)

Market Cap: CN¥6.0b

Provides wind energy, construction, and safety protection equipment in China and internationally.

Sumec

Market Cap: CN¥12.5b

Engages in the supply and industrial chain business in China.

GenusPlus Group

Market Cap: AU$760.4m

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

China CAMC Engineering

Market Cap: CN¥10.5b

Engages in construction, project management, financing investment, machine operation, and maintenance business.

Pamica Technology

Market Cap: CN¥6.8b

Engages in the research and development, production, and sale of mica insulation materials, glass fiber cloth, and new energy insulation materials.