Global Capital Goods High Return On Equity, Low Debt

Safran

Market Cap: €123.8b

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$90.7b

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

Sungrow Power Supply

Market Cap: CN¥363.6b

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

Ferguson Enterprises

Market Cap: US$49.4b

Operates as a distributor serving the water and air specialized professional in the United States and Canada.

Fastenal

Market Cap: US$47.3b

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

W.W. Grainger

Market Cap: US$45.7b

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

KONE Oyj

Market Cap: €30.9b

Engages in the elevator and escalator business worldwide.

Comfort Systems USA

Market Cap: US$32.9b

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

EMCOR Group

Market Cap: US$27.1b

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

Kongsberg Gruppen

Market Cap: NOK 211.5b

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

HD Hyundai Electric

Market Cap: ₩28.7t

Manufactures and sells electrical equipment in South Korea, North America, rest of Asia, the Middle East, Europe, and internationally.

VAT Group

Market Cap: CHF 11.9b

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

Lincoln Electric Holdings

Market Cap: US$13.1b

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

BELIMO Holding

Market Cap: CHF 9.6b

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.

Ningbo Deye Technology Group

Market Cap: CN¥75.9b

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

Yutong BusLtd

Market Cap: CN¥73.3b

Manufactures and sells buses and coaches in China and internationally.

AtkinsRéalis Group

Market Cap: CA$14.2b

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

Sterling Infrastructure

Market Cap: US$9.9b

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

IES Holdings

Market Cap: US$8.3b

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

Armstrong World Industries

Market Cap: US$8.1b

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

GE Vernova T&D India

Market Cap: ₹717.5b

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

Suzlon Energy

Market Cap: ₹697.2b

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

Fortune Electric

Market Cap: NT$224.6b

Manufactures and sells high and low voltage transformers, distribution panels, and distribution switchgear in Taiwan and internationally.

HD HYUNDAI Marine SolutionLTD

Market Cap: ₩8.5t

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

Neway Valve (Suzhou)

Market Cap: CN¥36.2b

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

Riyadh Cables Group

Market Cap: ر.س18.9b

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

Everus Construction Group

Market Cap: US$4.7b

Provides contracting services in the United States.

CFI Holdings

Market Cap: US$575.8m

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

3M India

Market Cap: ₹391.1b

Manufactures and trades in various products in India and internationally.

Electrical Industries

Market Cap: ر.س12.7b

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.

Gelex Electricity

Market Cap: ₫80.0t

Manufactures and trades in electrical equipment in Vietnam.

Voltronic Power Technology

Market Cap: NT$94.7b

Manufactures and sells uninterruptible power systems (UPS) in Taiwan and China.

Force Motors

Market Cap: ₹231.5b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

HBL Engineering

Market Cap: ₹224.6b

Manufactures and sells batteries and other products in India and internationally.

Veidekke

Market Cap: NOK 22.7b

Operates as a construction and property development company in Norway, Sweden, and Denmark.

Burckhardt Compression Holding

Market Cap: CHF 1.8b

Manufactures and sells reciprocating compressor technologies worldwide.