U.S. Capital Goods Undiscovered Gems With Strong Fundamentals

Butler National

Market Cap: US$102.2m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally.

National Presto Industries

Market Cap: US$678.6m

Provides housewares and small appliance, defense, and safety products in North America.

Gencor Industries

Market Cap: US$207.4m

Designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment.

Paul Mueller

Market Cap: US$311.6m

Provides manufactured equipment and components in the United States, North America, Asia, the Far East, the Netherlands, EU countries, Europe, and internationally.

Espey Mfg. & Electronics

Market Cap: US$105.6m

A power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States.

Power Solutions International

Market Cap: US$1.1b

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$232.7m

Through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America.

China Yuchai International

Market Cap: US$714.3m

Through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications in the People’s Republic of China and internationally.

TAT Technologies

Market Cap: US$333.2m

Provides solutions and services to the commercial and military aerospace and ground defense industries in the United States, Israel, and internationally.

Global Industrial

Market Cap: US$1.0b

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

Douglas Dynamics

Market Cap: US$660.8m

Operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.

Graham

Market Cap: US$489.0m

Designs and manufactures fluid, power, heat transfer, and vacuum technologies for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries.

Energy Recovery

Market Cap: US$693.2m

Designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe.

Karat Packaging

Market Cap: US$627.5m

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.

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.

Northwest Pipe

Market Cap: US$390.2m

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

Mayville Engineering Company

Market Cap: US$305.1m

Engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States.