Global Automobiles Potentially Undervalued Companies

Renault

Market Cap: US$9.5b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Zhejiang Asia-Pacific Mechanical & ElectronicLtd

Market Cap: CN¥9.3b

Engages in the development, production, and sale of automotive parts in China and internationally.

Ilji Technology

Market Cap: ₩53.5b

Designs, manufactures, and sells car body parts and cutting-edge molds in South Korea and internationally.

Fuyao Glass Industry Group

Market Cap: CN¥188.7b

Engages in the provision of safety glass solutions and automotive accessories for various transportation vehicles in China and internationally.

Niterra

Market Cap: JP¥1.2t

Manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally.

Shivam Autotech

Market Cap: ₹4.3b

Engages in the manufacture and sale of auto transmission components for original equipment manufacturers in India and internationally.

Schaeffler

Market Cap: US$5.7b

Develops, manufactures, and sells components and systems for industrial applications in Europe, the Americas, China, and the Asia Pacific.

Aptiv

Market Cap: Mex$18.6b

Engages in design, manufacture, and sale of vehicle components for the automotive and commercial vehicle markets in North America, Europe, the Middle East, Africa, the Asia Pacific, South America, and internationally.

Visteon

Market Cap: €3.5b

An automotive technology company, designs, manufactures, and sells automotive electronics and connected car solutions for vehicle manufacturers.

BYD

Market Cap: €1.1t

Engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

DENSO

Market Cap: US$5.9t

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

Niterra

Market Cap: €1.2t

Manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally.

Mercedes-Benz Group

Market Cap: €49.5b

Operates as an automotive company in Germany and internationally.

Akwel

Market Cap: €251.9m

Manufactures and sells automotive and heavy goods vehicle components in Europe, the Middle East, Africa, the United States, and Asia.

Tokai Rika

Market Cap: JP¥229.8b

Engages in the manufacturing of automotive parts in Japan, North America, Asia, and internationally.

Gordon Auto Body Parts

Market Cap: NT$4.8b

Manufactures and sells automotive metal replacement crash parts worldwide.

Yuasa Battery (Thailand)

Market Cap: ฿1.2b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

Shenzhen Kedali Industry

Market Cap: CN¥43.7b

Researches, develops, manufactures, and sells lithium battery precision and automotive structural parts in China and internationally.

Futaba Industrial

Market Cap: JP¥85.7b

Manufactures and sells automotive parts, equipment for external sales, and agricultural equipment in Japan and internationally.

Fuji Oozx

Market Cap: JP¥16.7b

Engages in the manufacturing and sale of engine valves and other engine related components in Japan and internationally.

Geely Automobile Holdings

Market Cap: €192.2b

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

Bayerische Motoren Werke

Market Cap: €50.9b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Akwel

Market Cap: €251.9m

Manufactures and sells automotive and heavy goods vehicle components in Europe, the Middle East, Africa, the United States, and Asia.

Gentex

Market Cap: US$6.4b

Designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, China, Germany, Japan, Mexico, the Republic of Korea, and internationally.

CDTi Advanced Materials

Market Cap: US$6.3m

Provides technology and solutions for the emission catalyst, industrial catalyst, and electrocatalyst markets in the United States and Europe.

Stellantis

Market Cap: Mex$24.4b

Engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide.

Trigano

Market Cap: €2.8b

Designs, manufactures, markets, and sells leisure vehicles for individuals and professionals in Europe.

OPmobility

Market Cap: €2.0b

Designs and produces intelligent exterior systems, customized complex modules, lighting systems, energy storage systems, and electrification solutions for all mobility players in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa.

ElringKlinger

Market Cap: €291.5m

Develops, manufactures, and sells components, modules, and systems for the automotive industry in Germany, rest of Europe, North America, the Asia-Pacific, and internationally.

XPEL

Market Cap: €925.9m

Manufactures, installs, sells, and distributes protective films, coatings and related services.

Mercedes-Benz Group

Market Cap: zł49.5b

Operates as an automotive company in Germany and internationally.

Toyota Caetano Portugal

Market Cap: €213.5m

Imports, assembles, and commercializes light and heavy vehicles.

Mercedes-Benz Group

Market Cap: CA$49.5b

Operates as an automotive company in Germany and internationally.

Aisin

Market Cap: US$1.9t

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

NHK Spring

Market Cap: US$418.9b

Provides automobile, data communications, and industry and lifestyle products in Japan.

Geely Automobile Holdings

Market Cap: €147.4b

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