Global Capital Goods High Return On Equity, Low Debt

Shakti Pumps (India)

Market Cap: ₹106.0b

Engages in the manufacture, trade, and sale of pumps, motors, and their spare parts under the Shakti brand name in India and internationally.

Ral Yatirim Holding

Market Cap: ₺39.6b

Engages in the construction, energy, and education activities.

Namura Shipbuilding

Market Cap: JP¥138.9b

Engages in the manufacture and sale of ships, machinery, and steel structures worldwide.

Mega Union Technology

Market Cap: NT$25.5b

Plans and designs water and wastewater recovery systems for industrial water applications.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥6.1b

Provides specialized engineering technical services in China.

ESAB India

Market Cap: ₹71.0b

Manufactures and sells welding and cutting equipment and consumables in India.

Ningbo BaoSi Energy Equipment

Market Cap: CN¥5.6b

Engages in research, development, production, and sale of high-end precision mechanical parts and sets of equipment in China and internationally.

MNC SolutionLtd

Market Cap: ₩1.0t

Manufactures and sells hydraulic parts for the construction machinery and defense market in Korea.

KNR Constructions

Market Cap: ₹60.1b

Engages in the construction, engineering, and infrastructure development activities in India.

Xinlei Compressor

Market Cap: CN¥5.0b

Engages in the research and development, manufacture, and sale of air compressors and blowers in China.

PSG Corporation

Market Cap: ฿22.7b

Together with its subsidiary, engages in turnkey engineering, procurement, and construction (EPC), and large-scale construction projects in Thailand and the Lao People’s Democratic Republic.

WashTec

Market Cap: €580.8m

Provides solutions for car wash in Germany, Europe, North America, and the Asia Pacific.

Swaraj Engines

Market Cap: ₹47.6b

Manufactures and sells diesel engines, diesel engine components, and spare parts for tractors in India.

Galliford Try Holdings

Market Cap: UK£403.6m

Operates in the construction business in the United Kingdom.

Multiconsult

Market Cap: NOK 5.4b

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally.

GRK Infra Oyj

Market Cap: €423.6m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Next Geosolutions Europe

Market Cap: €418.6m

Provides geoscience and engineering services for energy, infrastructure, and utilities sectors.

Binh Minh Plastics

Market Cap: ₫12.0t

Manufactures and trades in plastic pipes and fittings for water supply and drainage, telecommunication, electricity, and industrial and civil construction industries primarily in Vietnam.

Binastra Corporation Berhad

Market Cap: RM 2.0b

An investment holding company, engages in the general contractor and property developer business in Malaysia.

MSTC

Market Cap: ₹34.4b

Engages in marketing, e-commerce, and scrap recovery and allied job businesses primarily in India.

Cheryong ElectricLtd

Market Cap: ₩500.3b

Manufactures and sells power electric equipment in South Korea.

FSE Lifestyle Services

Market Cap: HK$2.5b

An investment holding company, provides city essential services in Hong Kong, Mainland China, and Macau.

MT Højgaard Holding

Market Cap: DKK 2.1b

Engages in the provision of construction, civil engineering, and infrastructure services for private and public customers in Denmark and internationally.

Quality Power Electrical Equipments

Market Cap: ₹26.6b

Provides power products and solutions for power generation, transmission, distribution, and automation sectors.

Andrews Sykes Group

Market Cap: UK£220.8m

An investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally.

Cambi

Market Cap: NOK 2.9b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

Lycopodium

Market Cap: AU$417.4m

Provides engineering and project delivery services in the resources, rail infrastructure, and industrial processes sectors in Australia.

Saudi Arabian Amiantit

Market Cap: ر.س994.2m

Manufactures and sells various types of pipes and related products in Saudi Arabia.

SML Isuzu

Market Cap: ₹22.2b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Duratec

Market Cap: AU$399.5m

Engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets, primarily steel and concrete infrastructure in Australia.

Rajesh Power Services

Market Cap: ₹21.7b

Provides turnkey projects services in India.

Langfang Development

Market Cap: CN¥1.8b

Provides electronic products and network technology services in China.

Paul Mueller

Market Cap: US$248.2m

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

Hexindo Adiperkasa

Market Cap: Rp3.9t

Operates as a distributor of heavy equipment and related spare parts in Indonesia.

Danish Power

Market Cap: ₹18.9b

Manufactures and sells power equipment in India.

Superkrane Mitra Utama

Market Cap: Rp3.4t

Provides general trading and heavy equipment rental services in Indonesia.