Global Automobiles Potentially Undervalued Companies

Mercedes-Benz Group

Market Cap: €49.5b

Operates as an automotive company in Germany and internationally.

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.

XPEL

Market Cap: US$925.9m

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

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.

Mercedes-Benz Group

Market Cap: €49.5b

Operates as an automotive company in Germany and internationally.

Continental

Market Cap: €11.2b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

Metair Investments

Market Cap: R1.3b

Manufactures, supplies, and distributes motor vehicle components and energy storage solutions in South Africa, Romania, and the United Kingdom.

PWO

Market Cap: €86.3m

Develops, produces, and sells metal components and systems for the mobility industry in Germany, Czechia, Canada, Mexico, Serbia, and China.

Schaeffler

Market Cap: €5.6b

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

Martinrea International

Market Cap: €822.5m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for automotive sector in North America, Europe, and internationally.

Iochpe-Maxion

Market Cap: US$1.9b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

GS Yuasa

Market Cap: US$331.7b

Engages in the manufacture and sale of batteries, power supplies, lighting equipment, and other battery and electrical equipment in Japan, the rest of Asia, North America, Europe, and internationally.

MAHLE Metal Leve

Market Cap: R$3.8b

An automotive parts company, manufactures and sells components for internal combustion engines and automotive filters in South America, Europe, Central and North America, Africa, and internationally.

Feintool International Holding

Market Cap: CHF 164.9m

Provides fineblanked, formed steel components, and stamped electro sheet metal products Internationally.

Magna International

Market Cap: CA$18.4b

Manufactures and supplies vehicle engineering, contract, and automotive space.

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.

CIE Automotive

Market Cap: €3.2b

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

hGears

Market Cap: €19.2m

Develops, manufactures, distributes, and supplies precision components and subsystems, and system solutions in European Union, the United States, China, and rest of the world.

Niterra

Market Cap: US$925.1b

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

Chuo Malleable Iron

Market Cap: JP¥9.5b

Manufactures, processes, and sells cast iron and aluminum products in Japan, China, and internationally.

Fine Blanking & Tool

Market Cap: NT$2.3b

Manufactures and trades automobiles, motorcycle parts, and various molds in Taiwan.

Minth Group

Market Cap: HK$41.4b

An investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and moulds of passenger cars.

Betamek Berhad

Market Cap: RM 180.0m

An investment holding company, provides electronics manufacturing services (EMS) for the automotive markets in Malaysia, Hong Kong, and Japan.

HKS

Market Cap: JP¥3.0b

Engages in the manufacture and sale of automobile aftermarket parts in Japan and internationally.

Setco Automotive

Market Cap: ₹2.2b

Manufactures and trades in clutches and other automotive components in India and internationally.

Sellowrap Industries

Market Cap: ₹1.5b

Engages in manufacturing and distribution of adhesive and non-adhesive processed components primarily to automobile sectors in India.

Tokyo Radiator Mfg.Co.Ltd

Market Cap: JP¥12.3b

Manufactures and sells heat exchangers and body components in Japan, China, Thailand, and Indonesia.

Dongwon Metal

Market Cap: ₩61.6b

Engages in the production and sale of automobile parts and steel pipes in the United States, Europe, and Asia.

NEOOTO

Market Cap: ₩68.5b

Manufactures and sells automotive transmission parts in South Korea and internationally.

Setco Automotive

Market Cap: ₹2.3b

Manufactures and trades in clutches and other automotive components in India and internationally.

Burelle

Market Cap: €671.4m

Through its subsidiaries, offers automotive equipment, intelligent body systems, and clean energy systems and modules in France and internationally.

New Hoong Fatt Holdings Berhad

Market Cap: RM 274.5m

An investment holding company, manufactures, markets, distributes, and trades in automotive parts and accessories in the replacement market.

AD Plastik d.d

Market Cap: €75.4m

Develops, produces, and sells interior and exterior automotive components in Slovenia, Romania, Russia, France, Hungary, Italy, the United Kingdom, Germany, Spain, Serbia, Czech Republic, Vietnam, Slovakia, Croatia, Poland, the United States, and internationally.

Shining Victory Motor Electronic

Market Cap: NT$2.0b

Engages in the manufacturing and selling automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts in China, the United States, and Mexico.

Wanxiang QianchaoLtd

Market Cap: CN¥34.3b

Engages in research and development, manufacture, and sale of auto parts in China and internationally.