Global High Return On Equity, Low Debt

Carvana

Market Cap: US$70.3b

Operates an e-commerce platform for buying and selling used cars.

Cintas

Market Cap: US$69.9b

Engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America.

Comfort Systems USA

Market Cap: US$65.0b

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

Wesfarmers

Market Cap: AU$89.6b

Engages in the retail business in Australia, New Zealand, and internationally.

Hong Kong Exchanges and Clearing

Market Cap: HK$501.1b

Owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China.

Ferrari

Market Cap: €53.2b

Through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.

W.W. Grainger

Market Cap: US$60.6b

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

Nongfu Spring

Market Cap: HK$474.4b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Elite Material

Market Cap: NT$1.8t

Engages in the manufacturing and sales of copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally.

Allstate

Market Cap: US$53.9b

Provides property and casualty, and other insurance products in the United States and Canada.

Fastenal

Market Cap: US$53.3b

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

Life Insurance Corporation of India

Market Cap: ₹5.1t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Suzhou TFC Optical Communication

Market Cap: CN¥356.1b

Provides optical sub-assembly integrated solutions and optoelectronic packaging manufacturing services in Mainland China and internationally.

Celestica

Market Cap: CA$73.1b

Provides supply chain solutions in Asia, North America, and internationally.

Infosys

Market Cap: ₹4.8t

Provides consulting, technology, outsourcing, and digital services worldwide.

Autodesk

Market Cap: US$48.5b

Engages in the provision of 3D design, engineering, and entertainment technology solutions worldwide.

AngloGold Ashanti

Market Cap: US$45.4b

Operates as a gold mining company in Africa, Australia, and the Americas.

Accton Technology

Market Cap: NT$1.4t

Develops, manufactures, and sells computer network systems and wireless land area network (LAN) hardware and software products in Taiwan and internationally.

Ferguson Enterprises

Market Cap: US$43.8b

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

Universal Music Group

Market Cap: €33.5b

Operates as a music company worldwide.

EMCOR Group

Market Cap: US$37.3b

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

Shandong Hongqiao Aluminum Industry Holding

Market Cap: CN¥242.8b

Engages in the research, development, production, and sale of aluminum products in China and internationally.

WEG

Market Cap: R$175.3b

Produces and sells capital goods in Brazil and internationally.

Chroma ATE

Market Cap: NT$1.1t

Designs, assembles, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, and telecom power supplies in Taiwan, China, the United States, and internationally.

Gold Fields

Market Cap: R556.9b

Operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, Peru, Canada, and Chile.

Kinross Gold

Market Cap: CA$46.8b

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania.

Wiwynn

Market Cap: NT$1.1t

Engages in the research, development, design, testing, and sales of semi products, and peripheral equipment and parts in the United States, Europe, Asia, and internationally.

Fresnillo

Market Cap: UK£23.5b

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico.

KONE Oyj

Market Cap: €26.2b

Engages in the elevator and escalator business worldwide.

Sterling Infrastructure

Market Cap: US$29.4b

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

Kuehne + Nagel International

Market Cap: CHF 22.5b

Provides integrated logistics services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

DexCom

Market Cap: US$28.1b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Texas Pacific Land

Market Cap: US$28.1b

Engages in the land and resource management, and water services and operations businesses.

TechnipFMC

Market Cap: US$27.1b

Engages in the oil and natural gas projects, technologies, systems, and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally.

Illumina

Market Cap: US$25.9b

Provides sequencing- and array-based solutions for genetic and genomic analysis in the Americas, Europe, Greater China, the Asia Pacific, the Middle East, and Africa.

ADNOC Drilling Company P.J.S.C

Market Cap: د.إ91.6b

Engages in the provision of drilling and construction services in the United Arab Emirates.