German Capital Goods Potentially Undervalued Companies

Bouygues

Market Cap: €14.6b

Operates in the construction, energy, telecom, media, and transport infrastructure sectors in France and internationally.

Kingspan Group

Market Cap: €12.8b

Provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally.

Regal Rexnord

Market Cap: €9.4b

Provides sustainable solutions for power, transmit, and control motion products in the North America, Asia, Europe, and internationally.

3M

Market Cap: €81.5b

Provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally.

Carlisle Companies

Market Cap: €14.0b

Operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, and internationally.

Vesuvius

Market Cap: €912.8m

Provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide.

Heidelberger Druckmaschinen

Market Cap: €669.5m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Inwido

Market Cap: €10.2b

Through its subsidiaries, engages in development, manufacture, and sale of windows and doors in Sweden.

Moreld

Market Cap: €2.9b

Provides integrated solutions for the energy, marine, and industrial sectors in Norway and internationally.

Weichai Power

Market Cap: €126.6b

Engages in the automobile and equipment manufacturing industry in China and internationally.

Cenergy Holdings

Market Cap: €2.7b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium, Greece, Other European Union countries, Other European countries, the United States, and internationally.

Mersen

Market Cap: €485.7m

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.

Meritor

Market Cap: €2.6b

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components in North America, South America, Europe, and the Asia Pacific.

Haulotte Group

Market Cap: €59.7m

Through its subsidiaries, designs, manufactures, and markets people and material lifting equipment.

CTF Services

Market Cap: €33.9b

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.

Reliance Worldwide

Market Cap: €3.2b

Engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for the plumbing and heating industries.

Koninklijke Heijmans

Market Cap: €1.6b

Engages in the real estate, construction, and infrastructure businesses in the Netherlands and internationally.

Lockheed Martin

Market Cap: €113.1b

An aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

Metallurgical Corporation of China

Market Cap: €73.2b

Engages in engineering contracting, resource development, specialty businesses, integrated real estate, and other businesses in China.

Emeco Holdings

Market Cap: €656.0m

Engages in the provision of surface and underground mining equipment rental, complementary equipment, and mining services in Australia.

Dürr

Market Cap: €1.4b

Operates as a mechanical and plant engineering company worldwide.

Mersen

Market Cap: €616.0m

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.

urban-gro

Market Cap: €6.2m

Engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe.

EnerSys

Market Cap: €4.1b

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

OSG

Market Cap: €171.1b

Manufactures and sells cutting tools in Japan, the Americas, Europe, Africa, and Asia.

Textron

Market Cap: €14.7b

Operates in the aircraft, defense, industrial, and finance businesses worldwide.

AB Volvo

Market Cap: €561.2b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.

CNH Industrial

Market Cap: €13.5b

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.

Worley

Market Cap: €7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Blue Bird

Market Cap: €1.8b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Componenta

Market Cap: €40.3m

Provides cast iron components in Finland.

WashTec

Market Cap: €513.9m

Provides solutions for car wash in Germany, Europe, North America, and the Asia Pacific.

Next Geosolutions Europe

Market Cap: €559.2m

Provides marine geoscience and offshore construction support services in Europe, Asia, and North America.

MINEBEA MITSUMI

Market Cap: €1.1t

Manufactures and supplies machined components, electronic devices and components, automotive, and industrial machinery and home security business in Japan and internationally.

Thoresen Thai Agencies

Market Cap: €8.8b

Operates as a shipping company in Asia, Africa, the United States, Europe, and Oceania.

Strabag

Market Cap: €9.0b

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