Global Automobiles Potentially Undervalued Companies

ElringKlinger

Market Cap: €334.5m

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

CIE Automotive

Market Cap: US$3.0b

Designs, manufactures, and sells automotive components and sub-assemblies.

Sollers

Market Cap: ₽5.5b

Sollers Public Joint Stock Company, together with its subsidiaries, manufactures and sells vehicles in Russia.

SAF-Holland

Market Cap: US$700.0m

Manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.

General Motors

Market Cap: €55.5b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Adrad Holdings

Market Cap: AU$61.0m

Designs and manufactures heat transfer solutions for industrial applications in Australasia, Asia, the Middle East, North and South America, Europe, and Africa.

Cheng Shin Rubber Ind

Market Cap: NT$123.3b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

Hebei Keli Automobile Equipment

Market Cap: CN¥4.0b

Hebei Keli Automobile Equipment Co., Ltd.

Guangdong Dongfang Precision Science & Technology

Market Cap: CN¥21.9b

Engages in the research, development, production, and sale of corrugated packaging equipment in China and internationally.

Toyoda Gosei

Market Cap: US$479.4b

Manufactures and sells automotive parts, optoelectronic products, and general industry products.

SJM

Market Cap: ₩55.7b

Manufactures and sells automobile and industrial products in Korea and internationally.

Launch Tech

Market Cap: HK$4.7b

Provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally.

Fortune Parts Industry

Market Cap: ฿2.4b

Manufactures and distributes automotive replacement parts in Thailand, the Kingdom of Saudi Arabia, and internationally.

Woory Industrial HoldingsLtd

Market Cap: ₩60.7b

Engages in the manufacture and sale of automotive air conditioning systems and electronic components in South Korea and internationally.

Tianneng Power International

Market Cap: HK$9.2b

An investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People’s Republic of China and internationally.

Univance

Market Cap: JP¥11.7b

Manufactures and sells drivetrain components and assemblies for automotive, agricultural, industrial, and off highway applications in Japan and internationally.

Mitsuba

Market Cap: JP¥44.8b

Manufactures and sells automotive, motorcycle, and micro mobility products in Asia, the Americas, Europe, Africa, and China.

Depo Auto Parts Industrial

Market Cap: NT$22.0b

Manufactures and sells automotive and other related lighting products.

Tianneng Power International

Market Cap: HK$9.2b

An investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People’s Republic of China and internationally.

CEAT

Market Cap: ₹137.2b

Manufactures and sells automotive tyres, tubes, and flaps in India and internationally.

Forvia

Market Cap: US$2.3b

Manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally.

Xinchen China Power Holdings

Market Cap: HK$384.7m

Through its subsidiaries, engages in the development, manufacture, and sale of automotive engines primarily in the People’s Republic of China.

Volkswagen

Market Cap: €49.1b

Manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally.

Mercedes-Benz Group

Market Cap: CA$49.6b

Operates as an automotive company in Germany and internationally.

RPM Automotive Group

Market Cap: AU$16.3m

Engages in the manufacture, wholesale distribution, and retail of tyres, auto parts, and accessories for motorsport, passenger, and commercial vehicles in Australia.

Dharma Polimetal

Market Cap: Rp4.7t

Through its subsidiaries, manufactures and sells automotive components for motorcycles and cars in Indonesia.

HWASHINLtd

Market Cap: ₩281.8b

Manufactures and sells automobile components.

H-OneLtd

Market Cap: JP¥42.5b

Manufactures and sells automotive and motorcycle parts, and dies and welding equipment in Japan and internationally.

CT Automotive Group

Market Cap: UK£26.5m

Designs, develops, manufactures, and sells automotive interior components and kinematic assemblies for automotive brands in the United Kingdom and internationally.

XPEL

Market Cap: US$925.9m

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

Mercedes-Benz Group

Market Cap: €49.5b

Operates as an automotive company in Germany and internationally.

Valeo

Market Cap: US$2.7b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

EDAG Engineering Group

Market Cap: €171.0m

Engages in the development of vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide.

Ingress Industrial (Thailand)

Market Cap: ฿434.1m

An investment holding company, manufactures and distributes automotive components in Thailand, Malaysia, Indonesia, and India.

General Motors

Market Cap: €56.4b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Geely Automobile Holdings

Market Cap: €192.2b

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