U.S. Capital Goods Undiscovered Gems With Strong Fundamentals

Butler National

Market Cap: US$169.1m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.

Park Aerospace

Market Cap: US$380.6m

An aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe.

Espey Mfg. & Electronics

Market Cap: US$109.9m

Manufactures and sells electronic equipment primarily for military and industrial applications in the United States and internationally.

Optex Systems Holdings

Market Cap: US$104.0m

Manufactures and sells optical sighting systems and assemblies primarily for the U.S.

Paul Mueller

Market Cap: US$446.3m

Provides manufactured equipment and components in the United States, North America, the Netherlands, Europe, and internationally.

Preformed Line Products

Market Cap: US$1.0b

Designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries.

Crawford United

Market Cap: US$314.7m

Provides specialty industrial products in the United States, Canada, the United Kingdom, Puerto Rico, and internationally.

Innovative Aerosystems

Market Cap: US$155.7m

Engages in the engineering, manufacturing, and supply of advanced avionic solutions.

Power Solutions International

Market Cap: US$1.5b

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally.

EVI Industries

Market Cap: US$352.4m

Through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment.

Luxfer Holdings

Market Cap: US$329.7m

Provides high-performance materials, components, and high-pressure gas containment devices for defense, first response and healthcare, transportation, and general industrial applications.

Insteel Industries

Market Cap: US$608.1m

Manufactures and markets steel wire reinforcing products for concrete construction applications.

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.

China Yuchai International

Market Cap: US$1.5b

Manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications.

Gibraltar Industries

Market Cap: US$1.8b

Manufactures and provides products and services for the residential, renewable energy, agtech, and infrastructure markets in the United States and internationally.

Karat Packaging

Market Cap: US$452.1m

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.

NWPX Infrastructure

Market Cap: US$566.5m

Engages in the manufacture and sale of water-related infrastructure products in North America and Canada.

American Superconductor

Market Cap: US$1.8b

Provides megawatt-scale power resiliency solutions worldwide.