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

Cummins

Market Cap: US$46.8b

Offers various power solutions worldwide.

Sumitomo

Market Cap: JP¥4.5t

Engages in general trading business.

Sungrow Power Supply

Market Cap: CN¥156.3b

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

Nidec

Market Cap: JP¥3.1t

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

Strabag

Market Cap: €9.5b

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

Skanska

Market Cap: SEK 92.8b

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

Rockwool

Market Cap: DKK 60.8b

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

Fuji Electric

Market Cap: JP¥986.6b

Develops power semiconductors and electronics solutions in Japan and internationally.

Sanwa Holdings

Market Cap: JP¥981.3b

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

Konecranes

Market Cap: €5.4b

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

Far Eastern New Century

Market Cap: NT$176.1b

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

Kinden

Market Cap: JP¥873.6b

Provides integrated electrical and facility engineering services in Japan.

NMDC Group PJSC

Market Cap: د.إ20.8b

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

Nexans

Market Cap: €4.8b

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

Krones

Market Cap: €4.5b

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.

State Grid YingdaLtd

Market Cap: CN¥31.4b

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

Haitian International Holdings

Market Cap: HK$32.5b

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.

CTF Services

Market Cap: HK$30.0b

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.

MISUMI Group

Market Cap: JP¥536.6b

Engages in the factory automation (FA) and die component businesses in Japan, China, rest of Asia, the Americas, Europe, and internationally.

NGK Insulators

Market Cap: JP¥536.0b

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

Tiandi Science & TechnologyLtd

Market Cap: CN¥25.7b

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

EnerSys

Market Cap: US$3.5b

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

Dubai Investments PJSC

Market Cap: د.إ11.9b

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

Neway Valve (Suzhou)

Market Cap: CN¥22.8b

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

Takasago Thermal Engineering

Market Cap: JP¥464.7b

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

Sinotruk Jinan TruckLtd

Market Cap: CN¥21.1b

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¥20.8b

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

Organo

Market Cap: JP¥425.6b

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

Guangxi Liugong Machinery

Market Cap: CN¥20.0b

Manufactures and sells construction machinery in China and internationally.

EXEO Group

Market Cap: JP¥394.3b

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

Miura

Market Cap: JP¥340.9b

Produces and sells boilers in Japan and internationally.

Zhongshan Broad-Ocean Motor

Market Cap: CN¥16.2b

Engages in the motor systems business in China.

Jack TechnologyLtd

Market Cap: CN¥16.0b

Engages in the production and sale of sewing machines in China and internationally.

Cirrus Aircraft

Market Cap: HK$17.6b

Manufactures and sells piston aircraft and single-engine turbine jets worldwide.

Shantui Construction Machinery

Market Cap: CN¥14.0b

Offers construction machinery products in China and internationally.

Dongfang Electronics

Market Cap: CN¥13.9b

Engages in the research, development, manufacturing, operation, system integration, and technical servicing of energy management system solutions in China, South Asia, Southeast Asia, Africa, South America, Europe and internationally.