Global Capital Goods Undiscovered Gems With Strong Fundamentals

Oswal Pumps

Market Cap: ₹74.9b

Manufactures and sells solar pumps in India.

Sunindo Pratama

Market Cap: Rp1.9t

Engages in distributing products and providing services with focus in oil and gas industries in Indonesia and internationally.

John Cockerill India

Market Cap: ₹26.4b

Engages in design, engineering, manufacturing, and installation of cold rolling mill complexes, processing lines, and chemical and thermal treatment in India, Belgium, Spain, and internationally.

Kross

Market Cap: ₹11.8b

Engages in the manufacture and supply of trailer axles, suspension, and automotive components in India and internationally.

Wieson Technologies

Market Cap: NT$4.2b

Manufactures and sells interconnect components and wireless components.

Ten Pao Group Holdings

Market Cap: HK$2.3b

An investment holding company, engages in the development, manufacture, and sale of electric charging products in the People’s Republic of China, Europe, the rest of Asia, the United States, Africa, and internationally.

Meiji Electric IndustriesLtd

Market Cap: JP¥29.4b

Imports, exports, and sells electrical devices, measuring instruments, electrical equipment, and automation and energy-saving function components and equipment.

Shuangdeng Group

Market Cap: HK$8.0b

Provides energy storage solutions in China.

Shanthi Gears

Market Cap: ₹36.1b

Designs, manufactures, supplies, and services gears and gear boxes in India, the United States, Europe, and internationally.

Richard Pieris

Market Cap: LK₨84.5b

Through its subsidiaries, engages in the retail, plantation, tire, furniture, plastics, rubber, automotive, and electronic businesses.

Lloyds Enterprises

Market Cap: ₹99.8b

Trades in iron and steel products in India.

Boustead Singapore

Market Cap: S$863.1m

An investment holding company, provides energy engineering, real estate, geospatial, and healthcare technology solutions in Singapore, Australia, Malaysia, the United States, Europe, rest of Asia Pacific, North and South America, the Middle East, and Africa.

Zhongtong Bus HoldingLTD

Market Cap: CN¥6.9b

Engages in the manufacture and sale of buses in China.

Inox Green Energy Services

Market Cap: ₹92.9b

Provides operation and maintenance services, and common infrastructure facilities for wind turbine generators in India.

XMH Holdings

Market Cap: S$166.7m

An investment holding company, provides diesel engine, propulsion, and power generating solutions for customers in the marine and industrial sectors in Singapore, Indonesia, Malaysia, Vietnam, and internationally.

UNIC Technology

Market Cap: NT$3.2b

Manufactures and sells plastic materials in Taiwan, China, Thailand, Vietnam, Malaysia, the European Union, and internationally.

Lum Chang Holdings

Market Cap: S$168.6m

Engages in the construction, project management, and property development and investment activities in Singapore and Malaysia.

GPT Infraprojects

Market Cap: ₹13.5b

GPT Infraprojects Limited, together with its subsidiaries, carries out civil and infrastructure projects in India and internationally.

Dong-Ah Geological Engineering

Market Cap: ₩204.2b

Dong-Ah Geological Engineering Company Ltd.

Intracom Holdings

Market Cap: €290.0m

Operates as an IT solutions and services company.

Andrews Sykes Group

Market Cap: UK£212.6m

An investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, Rest of Europe, the Middle East, Africa, and internationally.

SRM Contractors

Market Cap: ₹14.5b

Engages in the provision of engineering and construction services in India.

Ganesh Infraworld

Market Cap: ₹10.2b

A construction company, provides engineering, procurement, and construction services in India.

Lubawa

Market Cap: zł1.5b

Manufactures and sells army, police, municipal police, border patrol, fire brigade, and special force products in Poland and internationally.

Adris grupa d. d

Market Cap: €1.6b

Engages in the tourism, healthy food, insurance, real estate, and energy businesses in Croatia and internationally.

Hosken Consolidated Investments

Market Cap: R10.3b

An investment holding company, operates media and broadcasting, gaming, transport, properties, coal mining, and branded products and manufacturing businesses in South Africa, Other African countries, the Middle East, Europe, and the United Kingdom.

Qingdao Weflo Valve

Market Cap: CN¥3.8b

Engages in the design and manufacture of valve and fire hydrant products worldwide.

Tsugami

Market Cap: JP¥131.7b

Manufactures and sells precision machine tools in Japan.

Gulf Cables and Electrical Industries Group Company - KPSC

Market Cap: د.ك454.0m

Engages in the manufacture and sale of power cables, control cables, telecommunication cables, and overhead conductors in Kuwait and the Middle East.

Zhiyang Innovation Technology

Market Cap: CN¥9.0b

Operates as artificial intelligence company in China.

Guangzhou Tech-Long Packaging MachineryLtd

Market Cap: CN¥2.9b

Guangzhou Tech-Long Packaging Machinery Co.,Ltd.

M & B Engineering

Market Cap: ₹25.0b

An engineering company, engages in the design, manufacturing, and installation of pre-engineered metal buildings, self-supported steel roofing, and complex steel components.

Frontier Springs

Market Cap: ₹17.6b

Engages in the production and sale of L.H.B.

Inner Mongolia North Hauler

Market Cap: CN¥4.5b

Inner Mongolia North Hauler Joint Stock Co., Ltd.

Zhejiang Yuejian Intelligent EquipmentLtd

Market Cap: CN¥4.2b

Zhejiang Yuejian Intelligent Equipment Co.,Ltd.

Guangzhou Huayan Precision MachineryLtd

Market Cap: CN¥4.6b

Guangzhou Huayan Precision Machinery Co.,Ltd.