Global Automobiles Potentially Undervalued Companies

DRB-HICOM Berhad

Market Cap: RM 1.7b

Engages in automotive, aerospace and defence, banking, postal, services, and properties businesses.

Yadea Group Holdings

Market Cap: HK$38.8b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

Niterra

Market Cap: JP¥969.4b

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

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥12.6b

Engages in the research and development, production, and sales of automotive high and low voltage wiring harness assembly products in China and internationally.

Hyundai MobisLtd

Market Cap: ₩27.3t

Engages in the auto parts business in Korea, China, the United States, Europe, and internationally.

Nokian Renkaat Oyj

Market Cap: €871.4m

Develops and manufactures tires for passenger cars, trucks, and heavy machineries in Nordics, the rest of Europe, the Americas, and internationally.

Mitsubishi Motors

Market Cap: JP¥604.3b

Engages in the development, production, and sale of passenger vehicles, and its parts and components in Japan, Europe, North America, Oceania, the rest of Asia, and internationally.

Harley-Davidson

Market Cap: Mex$3.0b

Manufactures and sells motorcycles in the United States and internationally.

LCI Industries

Market Cap: US$2.4b

Manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally.

Toyota Motor

Market Cap: US$32.1t

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.

Guangzhou Automobile Group

Market Cap: US$69.0b

Engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components in Mainland China and internationally.

CIR. - Compagnie Industriali Riunite

Market Cap: €519.8m

Through its subsidiaries, primarily operates in the automotive components and healthcare sectors in Italy, rest of European countries, North America, South America, Asia, and internationally.

Renault

Market Cap: €10.9b

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.

Adient

Market Cap: US$1.8b

Engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks.

Standard Motor Products

Market Cap: €731.5m

Manufactures and distributes replacement automotive parts in the United States and internationally.

Dr. Ing. h.c. F. Porsche

Market Cap: €40.0b

Engages in automotive and financial services business in Germany, Europe, North America, China, and internationally.

Dongfeng Motor Group

Market Cap: €29.6b

Engages in the research, development, manufacture, and sale of commercial and passenger vehicles, engines, and other auto parts in the People’s Republic of China.

Linamar

Market Cap: CA$3.9b

Manufactures and sells engineered products in Canada, Europe, the Asia Pacific, and rest of North America.

Feintool International Holding

Market Cap: €174.5m

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

General Motors

Market Cap: AR$49.8b

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

Harley-Davidson

Market Cap: AR$3.0b

Manufactures and sells motorcycles in the United States and internationally.

Bayerische Motoren Werke

Market Cap: CA$47.8b

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

Dometic Group

Market Cap: US$13.7b

Provides mobile living solutions for food and beverage, climate, power and control, and other applications in the United States, Germany, Australia, Italy, France, the United Kingdom, Japan, Canada, the Netherlands, Sweden, and internationally.

NIO

Market Cap: AR$7.6b

Designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally.

Bayerische Motoren Werke

Market Cap: Ft47.8b

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

Chuzhou Duoli Automotive Technology

Market Cap: CN¥6.4b

Chuzhou Duoli Automotive Technology Co., Ltd.

Saeron Automotive

Market Cap: ₩66.2b

Manufactures and sells brake pads and linings, and rotor facings in South Korea.

Altur

Market Cap: RON 21.0m

Designs, manufactures, sells, imports, and exports automotive pistons and aluminum castings parts.

Brilliance China Automotive Holdings

Market Cap: HK$16.1b

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

Lumax Industries

Market Cap: ₹33.7b

Manufactures and sells automotive components for in India.

Yamaha Motor

Market Cap: US$1.0t

Engages in the land mobility, marine products, robotics, financial services, and others businesses in Japan, North America, Europe, Asia, and internationally.

Trigano

Market Cap: €2.9b

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

Autoliv

Market Cap: SEK 8.9b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia.

Ling Yun Industrial

Market Cap: CN¥14.2b

Engages in the production and sale of metal, automotive plastic, and plastic piping systems in China.

HUAYU Automotive Systems

Market Cap: CN¥57.7b

Researches and develops, manufactures, and sells automotive parts worldwide.

NIO

Market Cap: US$7.8b

Designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally.