Global Capital Goods High Return On Equity, Low Debt

General Electric

Market Cap: US$298.7b

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems.

Safran

Market Cap: €120.9b

Engages in the aerospace and defense businesses in France, rest of Europe, the Americas, the Asia-Pacific, Africa, and the Middle East.

Trane Technologies

Market Cap: US$89.2b

Designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration.

Fastenal

Market Cap: US$54.5b

Engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally.

W.W. Grainger

Market Cap: US$48.0b

Distributes maintenance, repair, and operating products and services primarily in North America, Japan, and the United Kingdom.

Sungrow Power Supply

Market Cap: CN¥280.5b

Researches, develops, produces, sells, and services of new energy power equipment in solar, wind, energy storage, hydrogen, electric vehicles, and charging infrastructure.

KONE Oyj

Market Cap: €29.3b

Engages in the elevator and escalator business worldwide.

EMCOR Group

Market Cap: US$28.2b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Kongsberg Gruppen

Market Cap: NOK 276.6b

Provides high-tech systems and solutions primarily to customers in the maritime and defense markets.

Comfort Systems USA

Market Cap: US$26.5b

Provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States.

Carlisle Companies

Market Cap: US$15.6b

Operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, and internationally.

HD Hyundai Electric

Market Cap: ₩21.4t

Manufactures and sells electrical equipment in South Korea.

Siemens Energy India

Market Cap: ₹1.2t

Engages in energy business.

BELIMO Holding

Market Cap: CHF 10.9b

Engages in the development, production, and sale of damper actuators, control valves, sensors, and meters for heating, ventilation, and air conditioning systems (HVAC) in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Lincoln Electric Holdings

Market Cap: US$13.2b

Through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally.

AtkinsRéalis Group

Market Cap: CA$16.9b

Provides professional services and project management, and capital investment services in United Kingdom, Canada, the United States, Saudi Arabia, and internationally.

VAT Group

Market Cap: CHF 9.3b

Develops, manufactures, and sells vacuum and gas inlet valves, multi-valve modules, motion components, and edge-welded metal bellows.

Nextracker

Market Cap: US$9.9b

Provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally.

Sterling Infrastructure

Market Cap: US$9.5b

Engages in the provision of e-infrastructure, transportation, and building solutions in the United States.

Ningbo Deye Technology Group

Market Cap: CN¥65.9b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Suzlon Energy

Market Cap: ₹796.1b

Manufactures and sells wind turbine generators and related components in India and internationally.

Yutong BusLtd

Market Cap: CN¥63.3b

Engages in the manufacture and sale of bus and related products in China and internationally.

RATIONAL

Market Cap: €7.5b

Engages in the development, production, and sale of professional cooking systems for industrial kitchens in Germany, rest of Europe, North America, Latin America, Asia, Australia, New Zealand, the Middle East, and Africa.

Armstrong World Industries

Market Cap: US$8.5b

Engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas.

GE Vernova T&D India

Market Cap: ₹727.7b

Engages in building power transmission and distribution infrastructure in India and internationally.

IES Holdings

Market Cap: US$7.5b

Designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States.

HD HYUNDAI Marine SolutionLTD

Market Cap: ₩9.4t

HD Hyundai Marine Solution Co., Ltd. provides integrated engineering-based services to Hyundai brand ships.

Riyadh Cables Group

Market Cap: ر.س17.6b

Manufactures and supplies various types of wires and cables to the power transmission and communication sectors in the Kingdom of Saudi Arabia.

CFI Holdings

Market Cap: US$575.8m

Engages in the wholesale and retail of agro-inputs and general hardware commodities in Zimbabwe.

Everus Construction Group

Market Cap: US$4.0b

Provides contracting services in the United States.

Neway Valve (Suzhou)

Market Cap: CN¥27.2b

Researches, develops, produces, and sells industrial valves in the People’s Republic of China and internationally.

El Sewedy Electric

Market Cap: ج.م158.4b

Provides integrated infrastructure solutions in Egypt and internationally.

Burckhardt Compression Holding

Market Cap: CHF 2.1b

Manufactures and sells reciprocating compressor technologies worldwide.

Electrical Industries

Market Cap: ر.س9.8b

Engages in the manufacture, assembly, supply, repair, and maintenance of transformers, compact substations and low voltage distribution panels, electrical distribution boards, cable trays, switch gears, and other electrical equipment.

Schneider Electric Infrastructure

Market Cap: ₹212.7b

Designs, manufactures, builds, and services products and systems for electricity distribution in India and internationally.

Daehan Shipbuilding

Market Cap: ₩3.1t

Daehan Shipbuilding Co.,Ltd. provides ship construction and repair services.