Global Automobiles Potentially Undervalued Companies

Spectra Products

Market Cap: CA$2.6m

Operates as a bus and truck transportation safety equipment manufacturing and marketing company in Canada, the United States, and internationally.

Bayerische Motoren Werke

Market Cap: CHF 50.9b

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

Harley-Davidson

Market Cap: US$3.6b

Manufactures and sells motorcycles in the United States and internationally.

Ford Motor

Market Cap: US$46.7b

Develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles worldwide.

Mercedes-Benz Group

Market Cap: Mex$49.5b

Operates as an automotive company in Germany and internationally.

ElringKlinger

Market Cap: €318.7m

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

Guangzhou Automobile Group

Market Cap: CN¥71.9b

Research, develops, manufactures, and sells vehicles and motorcycles, and parts and components in Mainland China and internationally.

Weifu High-Technology Group

Market Cap: HK$19.6b

Researches, develops, produces, and sells automotive products in the People’s Republic of China.

Fuyao Glass Industry Group

Market Cap: HK$189.6b

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

Zhejiang Leapmotor Technology

Market Cap: HK$90.1b

Engages in the research and development, production, and sale of new energy vehicles in Mainland China and internationally.

SAIC Motor

Market Cap: CN¥218.4b

Researches and develops, produces, and sells vehicles and their parts in the People’s Republic of China and internationally.

CIE Automotive India

Market Cap: ₹165.7b

Produces and sells automotive components to original equipment manufacturers and other customers in India, Europe, and internationally.

Fiem Industries

Market Cap: ₹54.0b

Manufactures and supplies automotive lighting and signaling equipment, rear view mirrors, prismatic mirror, plastic moulded parts, bank angle sensor, canister, and sheet metal components for motorized vehicles in India and internationally.

Shriram Pistons & Rings

Market Cap: ₹115.6b

Manufactures and sells automotive components in India.

Lumax Industries

Market Cap: ₹39.8b

Manufactures and sells automotive components for in India.

Omax Autos

Market Cap: ₹3.1b

Manufactures and sells automotive components in India.

Shriram Pistons & Rings

Market Cap: ₹114.2b

Manufactures and sells automotive components in India.

Zhejiang Songyuan Automotive Safety SystemsLtd

Market Cap: CN¥9.3b

Engages in the design, research, development, production, sale, and service of automotive passive safety system products in China and internationally.

Guangzhou Automobile Group

Market Cap: CN¥71.9b

Research, develops, manufactures, and sells vehicles and motorcycles, and parts and components in Mainland China and internationally.

Fuyao Glass Industry Group

Market Cap: HK$188.7b

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

Hankook

Market Cap: ₩2.2t

Manufactures and sells smart energy solutions.

Hi-Tech Gears

Market Cap: ₹14.0b

Manufactures and sells auto components for automobile manufacturers in India, the United States, and internationally.

Forge Auto International

Market Cap: ₹1.6b

An engineering company, engages in the forging, manufacturing, and sale of forged and precision machined components in India.

Jiangsu Changshu Automotive Trim Group

Market Cap: CN¥6.0b

Jiangsu Changshu Automotive Trim Group Co., Ltd.

Brilliance China Automotive Holdings

Market Cap: HK$19.1b

An investment holding company, manufactures and sells BMW vehicles, non-BMW vehicles, and automotive components in the People’s Republic of China and internationally.

Chongqing Changan Automobile

Market Cap: CN¥107.8b

Manufactures and sells automobiles, automotive engines, supporting parts, and components in the People’s Republic of China.

BYD

Market Cap: ฿1.1t

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

Gestamp Automoción

Market Cap: Mex$1.9b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

Nexteer Automotive Group

Market Cap: HK$20.2b

A motion control technology company, develops, manufactures, and supplies steering and driveline systems to original equipment manufacturer worldwide.

Bayerische Motoren Werke

Market Cap: €51.0b

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

IKD

Market Cap: CN¥22.6b

Researches, develops, produces, and sells automotive aluminum alloy precision die castings in the United States, Europe, and Asia.

Sogefi

Market Cap: €311.9m

Designs, develops, and produces filtration systems, suspension components, air intake products, and engine cooling systems for the automotive industry in Europe, South America, North America, China, and internationally.

PHINIA

Market Cap: US$2.3b

Engages in the development, design, and manufacture of integrated components and systems.

Toyota Motor

Market Cap: US$38.1t

Designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East.

Valeo

Market Cap: €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.

Nissan Motor

Market Cap: €1.3t

Manufactures and sells vehicles and automotive parts worldwide.