Global Capital Goods High Return On Equity, Low Debt

ABB

Market Cap: CHF 150.0b

Provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Europe, the Americas, Asia, the Middle East, and Africa.

Howmet Aerospace

Market Cap: US$113.1b

Provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally.

Trane Technologies

Market Cap: US$104.9b

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

Vertiv Holdings Co

Market Cap: US$104.0b

Designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

SK Square

Market Cap: ₩124.4t

Invests in semiconductor, and information and communication technologies in South Korea, China, Asia, the United States, and Europe.

W.W. Grainger

Market Cap: US$61.1b

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

Fastenal

Market Cap: US$59.8b

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

Comfort Systems USA

Market Cap: US$58.8b

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

Fujikura

Market Cap: JP¥9.2t

Engages in telecommunication and power systems, electronic, and automotive products businesses in Japan, the rest of Asia, North America, Europe, and internationally.

Ferguson Enterprises

Market Cap: US$51.0b

Distributes essential water and air solutions to specialized professional in the United States and Canada.

Rockwell Automation

Market Cap: US$48.3b

Provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

WEG

Market Cap: R$198.7b

Produces and sells capital goods in Brazil and internationally.

EMCOR Group

Market Cap: US$35.7b

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

KONE Oyj

Market Cap: €26.6b

Engages in the elevator and escalator business worldwide.

Kongsberg Gruppen

Market Cap: NOK 282.1b

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

VAT Group

Market Cap: CHF 18.9b

Engages in the development, manufacture, and sale of vacuum and gas inlet valves, multi-valve modules, motion components, and edge-welded metal bellows.

Geberit

Market Cap: CHF 18.4b

Develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry.

HD Hyundai Electric

Market Cap: ₩26.6t

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

Ningbo Deye Technology Group

Market Cap: CN¥116.4b

Researches, designs, develops, produces, sells and services solar inverter systems, frequency conversion control systems, environmental electrical appliances, and heat exchangers in China.

Sterling Infrastructure

Market Cap: US$16.2b

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

Lincoln Electric Holdings

Market Cap: US$15.1b

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

IES Holdings

Market Cap: US$15.0b

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

Allegion

Market Cap: US$14.1b

Engages in the provision of security products and solutions worldwide.

Siemens Energy India

Market Cap: ₹1.3t

Engages in energy business.

BELIMO Holding

Market Cap: CHF 10.5b

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.

GE Vernova T&D India

Market Cap: ₹1.1t

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

Aker

Market Cap: NOK 103.6b

Operates as an industrial investment company in Norway, Europa, North America, South America, and internationally.

IMI

Market Cap: UK£7.4b

Designs and manufactures fluid and motion control solutions in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa.

Yutong BusLtd

Market Cap: CN¥67.2b

Manufactures and sells buses in China and internationally.

Sunway Berhad

Market Cap: RM 34.8b

An investment holding company, operates in the real estate, construction, education, healthcare, retail, and hospitality sectors in Malaysia, Singapore, China, India, Australia, Indonesia, the United Kingdom, and internationally.

RATIONAL

Market Cap: €7.3b

Engages in the development, production, and sale of cooking systems for industrial kitchens in Germany, Austria, Switzerland, United States, Canada, Mexico, China, Japan, and South Korea.

Argan

Market Cap: US$8.1b

Through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom.

Armstrong World Industries

Market Cap: US$7.7b

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

Suzlon Energy

Market Cap: ₹652.8b

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

Everus Construction Group

Market Cap: US$6.7b

Provides contracting services in the United States.

Nanchang Sanrui Intelligence Technology

Market Cap: CN¥42.3b

Nanchang Sanrui Intelligence Technology Co., Ltd.