German Capital Goods Potentially Undervalued Companies

Hurco Companies

Market Cap: €104.0m

An industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide.

ChargePoint Holdings

Market Cap: €259.7m

Provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe.

Stanley Black & Decker

Market Cap: €11.6b

Provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia.

Total Bangun Persada

Market Cap: €2.6t

Provides construction services primarily in Indonesia.

LapWall Oyj

Market Cap: €57.2m

Manufactures and sells wooden elements for use in the construction of buildings in Finland.

Coventry Group

Market Cap: €71.6m

Primarily engages in the distribution of industrial products and services in Australia and New Zealand.

SGL Carbon

Market Cap: €396.8m

Manufactures and sells special graphite, carbon fiber, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally.

Deere

Market Cap: €126.8b

Engages in the manufacture and distribution of various equipment worldwide.

Sumitomo

Market Cap: €5.3t

Engages in the general trading business.

Chemring Group

Market Cap: €1.5b

Provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.

Per Aarsleff Holding

Market Cap: €12.5b

Provides infrastructure and construction services for societies in Denmark and internationally.

Boeing

Market Cap: €162.6b

Designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.

technotrans

Market Cap: €189.3m

Operates as a technology and services company worldwide.

Inin Group

Market Cap: €267.6m

An investment company, focuses on the infrastructure and industry services in Norway, Sweden, and internationally.

Hexindo Adiperkasa

Market Cap: €4.1t

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

KION GROUP

Market Cap: €7.2b

Provides industrial trucks and supply chain solutions in Western and Eastern Europe, the Middle East, Africa, North America, Central and South America, China, and the rest of the Asia Pacific.

Lehto Group Oyj

Market Cap: €2.8m

Lehto Group Oyj, together with its subsidiaries, engages in the construction and real estate business in Finland.

MBH

Market Cap: €4.1k

An investment holding company, operates in the education, construction service, and leisure sectors in the United Kingdom, Oceania, Asia, and North America.

MBH

Market Cap: €12.3k

An investment holding company, operates in the education, construction service, and leisure sectors in the United Kingdom, Oceania, Asia, and North America.

Masco

Market Cap: €15.0b

Provides home improvement and building products in North America, Europe, and internationally.

KHD Humboldt Wedag International

Market Cap: €102.4m

Provides engineering products and services for the cement industry.

3U Holding

Market Cap: €51.0m

Provides telecommunication and information technology services in Germany and internationally.

Komax Holding

Market Cap: €366.4m

Engages in the automated wire processing business in Europe, North America, South America, the Asia/Pacific, and Africa.

KION GROUP

Market Cap: €7.2b

Provides industrial trucks and supply chain solutions in Western and Eastern Europe, the Middle East, Africa, North America, Central and South America, China, and the rest of the Asia Pacific.

MTU Aero Engines

Market Cap: €19.6b

Engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

Brenntag

Market Cap: €7.2b

Engages in the distribution of chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally.

CNH Industrial

Market Cap: €13.6b

An equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.

Lennox International

Market Cap: €18.4b

Designs, manufactures, and markets products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally.

Renold

Market Cap: €160.8m

Engages in the manufacture and sale of high precision engineered power transmission products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally.

TKH Group

Market Cap: €1.4b

Develops and delivers smart vision, smart manufacturing, and smart connectivity systems in the Netherlands, rest of Europe, Asia, North America, and internationally.

ESAB

Market Cap: €6.6b

Engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment.

Tecnoglass

Market Cap: €3.2b

Manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally.

Terranor Group

Market Cap: €570.0m

Operates as infrastructure and road maintenance company in Sweden, Denmark, and Finland.

Sumitomo

Market Cap: €5.3t

Engages in the general trading business.

Melrose Industries

Market Cap: €7.5b

Designs and delivers aerospace components and systems for civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally.

Phoenix Mecano

Market Cap: €401.8m

Manufactures and sells components for industrial customers worldwide.