U.K. Capital Goods Potentially Undervalued Companies

Alumasc Group

Market Cap: UK£125.9m

Manufactures and sells building products, systems, and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally.

Vesuvius

Market Cap: UK£924.5m

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

Componenta

Market Cap: €40.7m

Provides cast iron components in Finland.

Sulzer

Market Cap: CHF 4.5b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

Siemens

Market Cap: €175.6b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

Implenia

Market Cap: CHF 1.2b

Provides construction and real estate services in Switzerland, Germany, Austria, Norway, Sweden, France, and internationally.

Bystronic

Market Cap: CHF 654.7m

Through its subsidiaries, engages in the provision of sheet metal processing solutions for cutting, bending, and automation worldwide.

AB Volvo

Market Cap: SEK 554.1b

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

Ponsse Oyj

Market Cap: €761.5m

Operates as manufacturer of cut-to-length forest machines Nordic and Baltic countries, Central and Southern Europe, South America and North America, Asia, Australia, and Africa.

Metlen Energy & Metals

Market Cap: €6.3b

Operates as an industrial and energy company with focus on the metals and energy sectors worldwide.

OC Oerlikon

Market Cap: CHF 924.7m

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

Komax Holding

Market Cap: CHF 377.6m

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

Storskogen Group

Market Cap: SEK 15.8b

Owns and develops small and medium-sized businesses operating in trade, industry, and services business areas.

Construcciones y Auxiliar de Ferrocarriles

Market Cap: €1.8b

Construcciones y Auxiliar de Ferrocarriles, S.A.

FLSmidth

Market Cap: DKK 25.0b

Provides flowsheet technology and service solutions for the mining and cement industries in Denmark, the United States of America, Canada, Chile, Brazil, Peru, Australia, North and South America, Europe, the Middle East, Africa, and Asia.

Zumtobel Group

Market Cap: €174.4m

Operates in the lighting industry worldwide.

WashTec

Market Cap: €519.2m

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

NORMA Group

Market Cap: €482.4m

Manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Rieter Holding

Market Cap: CHF 35.6m

Supplies systems for manufacturing yarn from staple fibers in spinning mills in Switzerland and internationally.

Genuit Group

Market Cap: UK£840.1m

Develops and produces solutions for water, climate, and ventilation management in the construction industry in the United Kingdom, rest of Europe, and internationally.

AB Volvo

Market Cap: SEK 554.1b

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

General Dynamics

Market Cap: €84.3b

Operates as an aerospace and defense company worldwide.

Somec

Market Cap: €115.7m

Somec S.p.A. engineers, designs, and deploys turnkey projects in the civil and naval engineering in Italy, rest of Europe, North America, and internationally.

AB SKF

Market Cap: SEK 90.2b

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

Figeac Aero Société Anonyme

Market Cap: €192.9m

Manufactures, supplies, and sells equipment and sub-assemblers for aeronautics sector in France.

Rieter Holding

Market Cap: CHF 369.1m

Supplies systems for manufacturing yarn from staple fibers in spinning mills in Switzerland and internationally.

FW Thorpe

Market Cap: UK£354.6m

Designs, manufactures, and supplies professional lighting equipment in the United Kingdom, Ireland, the United Arab Emirates, Australia, the Netherlands, Germany, France, Spain, rest of Europe, and internationally.

Tarkett

Market Cap: €1.1b

Provides flooring and sports surface solutions to businesses and residential end users in Europe, the Middle East, Africa, North America, the Commonwealth of Independent States, the Asia Pacific, and Latin America.

GRK Infra Oyj

Market Cap: €536.2m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Construcciones y Auxiliar de Ferrocarriles

Market Cap: €1.8b

Construcciones y Auxiliar de Ferrocarriles, S.A.

Mersen

Market Cap: €614.8m

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

Obrascón Huarte Lain

Market Cap: €629.0m

Engages in the construction and concession businesses in the United States, Canada, Mexico, Chile, Peru, Colombia, Spain, Central and Eastern Europe, Northern Europe, and internationally.

Dassault Aviation société anonyme

Market Cap: €22.4b

Designs and manufactures military aircraft, business jets, and space systems in France, the United States, and internationally.

Tarkett

Market Cap: €1.1b

Provides flooring and sports surface solutions to businesses and residential end users in Europe, the Middle East, Africa, North America, the Commonwealth of Independent States, the Asia Pacific, and Latin America.

Peab

Market Cap: SEK 22.1b

Operates as a construction and civil engineering company in Sweden, Norway, Finland, Denmark, and internationally.

Mikron Holding

Market Cap: CHF 303.9m

Develops, produces, and markets automation solutions, machining systems, and cutting tools in the Switzerland, Europe, North America, the Asia Pacific, and internationally.