Global Automobiles Undervalued Dividend Payers

Kia

Market Cap: ₩57.3t

Manufactures and sells vehicles in South Korea, North America, and Europe.

DENSO

Market Cap: JP¥5.2t

Engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally.

Geely Automobile Holdings

Market Cap: HK$201.0b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Fuyao Glass Industry Group

Market Cap: CN¥128.6b

Provides safety glass solutions and automotive accessories for various transportation vehicles in China and internationally.

Great Wall Motor

Market Cap: HK$129.7b

Engages in the manufacture and sale of automobiles, and automotive parts and components in the People's Republic of China, Europe, ASEAN countries, Latin America, the Middle East, Australia, South Africa, and internationally.

Isuzu Motors

Market Cap: JP¥1.6t

Manufactures and sells trucks and buses, light trucks, and powertrains worldwide.

Aisin

Market Cap: JP¥1.6t

Manufactures and sells automotive parts, lifestyle, and energy and wellness related products in Japan.

Autoliv

Market Cap: US$8.9b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

HUAYU Automotive Systems

Market Cap: CN¥50.3b

Researches and develops, manufactures, and sells automotive parts worldwide.

Yokohama Rubber Company

Market Cap: JP¥1.2t

Engages in the tire business in Japan, the United States, India, China, the Philippines, Europe and internationally.

Lear

Market Cap: US$6.8b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Sailun Group

Market Cap: CN¥39.2b

Engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Mazda Motor

Market Cap: JP¥704.9b

Engages in the manufacture and sales of passenger cars and commercial vehicles in Japan, North America, Europe, and internationally.

Minth Group

Market Cap: HK$32.3b

An investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and moulds of passenger cars.

Ninebot

Market Cap: CN¥27.3b

Engages in the research and development, production, sale, and servicing of short-distance transportation and robot products in China and internationally.

Toyo Tire

Market Cap: JP¥601.4b

Manufactures and sells tires in Japan, North America, and internationally.

Yadea Group Holdings

Market Cap: HK$29.0b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

Toyoda Gosei

Market Cap: JP¥596.1b

Manufactures and sells automotive parts, optoelectronic products, and general industry products.

Sumitomo Rubber Industries

Market Cap: JP¥581.9b

Provides tires, sports, and industrial and other products in Japan and internationally.

Loncin Motor

Market Cap: CN¥24.3b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

CIE Automotive

Market Cap: €3.1b

Manufactures and sells automotive parts and components in North America, Brazil, Asia, CIE Forging Europe, and rest of Europe.

Valeo

Market Cap: €3.0b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

AIMA Technology Group

Market Cap: CN¥17.6b

Engages in the research and development, manufacturing, and sale of electric bicycles, electric mopeds, electric motorcycles, and electric tricycles in Mainland China and internationally.

LCI Industries

Market Cap: US$2.5b

Manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally.

Johnson Electric Holdings

Market Cap: HK$19.1b

An investment holding company, manufactures and sells motion systems the Americas, the Asia-Pacific, Europe, the Middle East, Africa, and the People’s Republic of China.

IKD

Market Cap: CN¥14.2b

Researches, develops, produces, and sells automotive aluminum alloy precision die castings parts in the United States, Europe, and Asia.

Gestamp Automoción

Market Cap: €1.6b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

SL

Market Cap: ₩2.6t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

Tong Yang Industry

Market Cap: NT$44.8b

Engages in the manufacture and sale of parts, components, and models for automobile in Taiwan, China, the United States, and internationally.

F.C.C

Market Cap: JP¥169.5b

Manufactures and sells clutches for automobiles, motorcycles, and general-purpose machinery in Japan and internationally.

Autoneum Holding

Market Cap: CHF 651.3m

Develops and manufactures acoustic and thermal management solutions for light and commercial vehicles.

Nexen Tire

Market Cap: ₩707.1b

Manufactures and sells tires in South Korea and internationally.

Dharma Polimetal

Market Cap: Rp4.2t

Through its subsidiaries, manufactures and sells automotive components and metal finishing for motorcycles and cars in Indonesia.