U.K. Capital Goods Potentially Undervalued Companies

Konecranes

Market Cap: €4.2b

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

Middleby

Market Cap: US$6.8b

Designs, manufactures, markets, distributes, and services commercial restaurant, food processing, and residential kitchen equipment worldwide.

Fortune Brands Innovations

Market Cap: US$6.2b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Fluor

Market Cap: US$5.7b

Provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

Morgan Advanced Materials

Market Cap: UK£514.5m

Manufactures and sells various carbon and ceramic products in the United Kingdom.

AB Volvo

Market Cap: SEK 511.1b

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

IMI

Market Cap: UK£4.3b

An engineering company, engages in the design, manufacturing, and servicing of engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa.

Aalberts

Market Cap: €3.0b

Offers mission-critical technologies for building, industry, and semicon markets in Europe, the United States, the Asia Pacific, the Middle East, and Africa.

Senior

Market Cap: UK£516.2m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

AB SKF

Market Cap: SEK 79.2b

Designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide.

Textron

Market Cap: US$12.0b

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

Eiffage

Market Cap: €10.5b

Engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France, rest of Europe, and internationally.

Palfinger

Market Cap: €921.3m

Produces and sells crane and lifting solutions in Austria and internationally.

DCC

Market Cap: UK£4.9b

Engages in the sales, marketing, and distribution of carbon energy solutions worldwide.

DCC

Market Cap: UK£4.9b

Engages in the sales, marketing, and distribution of carbon energy solutions worldwide.

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.

Komax Holding

Market Cap: CHF 480.6m

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

Keller Group

Market Cap: UK£1.0b

Provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa.

Van Elle Holdings

Market Cap: UK£36.8m

Operates as a geotechnical and ground engineering contractor in the United Kingdom.

Zehnder Group

Market Cap: CHF 560.2m

Develops, manufactures, and sells indoor climate systems in Europe, North America, and China.

Renold

Market Cap: UK£89.9m

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

Keller Group

Market Cap: UK£1.0b

Provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa.

Andritz

Market Cap: €5.2b

Provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally.

Nilfisk Holding

Market Cap: DKK 2.2b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Danieli & C. Officine Meccaniche

Market Cap: €1.8b

Designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia.

Krones

Market Cap: €3.8b

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.

QinetiQ Group

Market Cap: UK£2.1b

Operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

Masco

Market Cap: US$13.1b

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

Cenergy Holdings

Market Cap: €1.8b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium and internationally.

Compagnie de Saint-Gobain

Market Cap: €43.0b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Heidelberger Druckmaschinen

Market Cap: €330.5m

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.

Senior

Market Cap: UK£516.2m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

JOST Werke

Market Cap: €720.4m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, Pacific, and Africa.

Stabilus

Market Cap: €542.2m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

OC Oerlikon

Market Cap: CHF 1.1b

Provides surface engineering, polymer processing, and additive manufacturing services in Europe, the Americas, and the Asia-Pacific.

IMI

Market Cap: UK£4.3b

An engineering company, engages in the design, manufacturing, and servicing of engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa.