Global Capital Goods Strong Past Earnings Growth, P/E Ratio Below 20

Cummins

Market Cap: US$44.5b

Offers various power solutions worldwide.

Sumitomo

Market Cap: JP¥4.5t

Engages in general trading business.

Nidec

Market Cap: JP¥3.3t

Develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally.

EMCOR Group

Market Cap: US$21.0b

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

Sungrow Power Supply

Market Cap: CN¥125.3b

Researches, develops, produces, sells, and services solar, wind, electric, and other energy storage equipment worldwide.

Strabag

Market Cap: €9.2b

Engages in the construction projects in the fields of transportation infrastructures, building construction, and civil engineering.

Rockwool

Market Cap: DKK 65.5b

Produces and sells stone wool insulation products in Western Europe, Eastern Europe, Russia, North America, Asia, and internationally.

Skanska

Market Cap: SEK 95.1b

Operates as a construction and project development company in the Nordics, Europe, and the United States.

Weir Group

Market Cap: UK£6.2b

Produces and sells highly engineered original equipment worldwide.

Toro

Market Cap: US$7.5b

Designs, manufactures, markets, and sells professional turf maintenance equipment and services.

Sanwa Holdings

Market Cap: JP¥1.1t

Through its subsidiaries, manufactures and sells steel construction materials for commercial and residential construction in Japan, North America, Europe, and Asia.

Fuji Electric

Market Cap: JP¥971.3b

Develops power semiconductors and electronics solutions in Japan and internationally.

Quiñenco

Market Cap: CL$6.2t

A business conglomerate, operates in the industrial and financial services sectors in Chile and internationally.

Konecranes

Market Cap: €5.5b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, the Asia-Pacific, and internationally.

NMDC Group PJSC

Market Cap: د.إ21.8b

Together with subsidiaries, executes engineering, procurement, and construction contracts, and dredging contracts and related land reclamation works in the United Arab Emirates and internationally.

Far Eastern New Century

Market Cap: NT$175.5b

Manufactures and sells polyester materials and textiles in Taiwan, China, and internationally.

Kinden

Market Cap: JP¥776.3b

Provides integrated electrical and facility engineering services in Japan.

Krones

Market Cap: €4.4b

Engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology for the food and beverage industry in Germany and internationally.

Nexans

Market Cap: €4.4b

Manufactures and sells cables in France, Canada, Norway, Germany, and internationally.

Haitian International Holdings

Market Cap: HK$31.1b

An investment holding company, engages in the manufacture, distribution, and sale of plastic injection molding machines and related products in Mainland China, Hong Kong, and internationally.

State Grid YingdaLtd

Market Cap: CN¥28.0b

Engages in the electrical, trust, securities, futures, and carbon asset businesses in China.

Primoris Services

Market Cap: US$3.9b

Provides infrastructure services primarily in the United States and Canada.

CTF Services

Market Cap: HK$29.2b

A conglomerate company with a diversified portfolio of businesses in toll roads, insurance, logistics, construction, and facilities management primarily in Hong Kong and the Mainland.

NGK Insulators

Market Cap: JP¥530.2b

Manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others.

MISUMI Group

Market Cap: JP¥529.9b

Engages in the factory automation and die components businesses worldwide.

Tiandi Science & TechnologyLtd

Market Cap: CN¥26.0b

Engages in the mine safety, smart equipment, design and construction, green development, clean and low carbon, and other businesses in China.

United Integrated Services

Market Cap: NT$105.4b

Provides engineering construction services in Taiwan, Mainland China, Singapore, the United states, and Japan.

Neway Valve (Suzhou)

Market Cap: CN¥24.2b

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

EnerSys

Market Cap: US$3.3b

Engages in the provision of stored energy solutions for industrial applications worldwide.

Takasago Thermal Engineering

Market Cap: JP¥436.7b

Designs, constructs, manufactures, sells, and installs heating, ventilation, and air conditioning (HVAC) systems in Japan and internationally.

Sinotruk Jinan TruckLtd

Market Cap: CN¥21.6b

Designs, develops, produces, and sells heavy-duty vehicles, special vehicles, specialized vehicles, engines, transmissions, axles, and other assemblies and automotive components in China.

Henan Pinggao ElectricLtd

Market Cap: CN¥21.5b

Researches and develops, manufactures, sells, and services high voltage, super-high voltage, and ultra-high voltage AC/DC switchgear in China.

Guangxi Liugong Machinery

Market Cap: CN¥19.9b

Manufactures and sells construction machinery in China and internationally.

Dubai Investments PJSC

Market Cap: د.إ10.1b

Engages in property, investment, manufacturing, contracting, and services businesses in the United Arab Emirates and internationally.

EXEO Group

Market Cap: JP¥381.4b

Engages in telecommunications, civil engineering, construction, electric equipment, system solutions, and renewable energy business in Japan.

Organo

Market Cap: JP¥356.2b

Operates as a water treatment engineering company in Japan, Taiwan, China, Southeast Asia, and internationally.