Global Automobiles Potentially Undervalued Companies

Beiqi Foton MotorLtd

Market Cap: CN¥20.7b

Manufactures and sells commercial vehicles worldwide.

Daido Metal

Market Cap: JP¥23.3b

Engages in the manufacture and sale of bearings in Japan, North America, Europe, Asia, China, and internationally.

Niterra

Market Cap: JP¥881.5b

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

Unipres

Market Cap: JP¥44.4b

Engages in manufacture and sale of automotive parts in Japan.

Jiangsu General Science Technology

Market Cap: CN¥7.2b

Jiangsu General Science Technology Co., Ltd.

Subros

Market Cap: ₹39.1b

Engages in the manufacture and sale of thermal products for automotive applications in India.

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥13.1b

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

Futaba Industrial

Market Cap: JP¥70.7b

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

Foryou

Market Cap: CN¥16.4b

Engages in the automotive electronics, precision die casting, precision electronic components, and LED lighting businesses in China and internationally.

Honda Atlas Cars (Pakistan)

Market Cap: PK₨38.6b

Engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan and Thailand.

Guangzhou Automobile Group

Market Cap: HK$70.7b

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

Wuhan Lincontrol Automotive Electronics

Market Cap: CN¥2.8b

Wuhan Lincontrol Automotive Electronics Co., Ltd.

Triangle TyreLtd

Market Cap: CN¥10.8b

Engages in the research and development, design, manufacture, and marketing of tire products in China.

Woory Industrial

Market Cap: ₩86.0b

Manufactures and sells automotive parts and components for IC and electric engines in South Korea and internationally.

Yadea Group Holdings

Market Cap: HK$42.7b

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.

PWR Holdings

Market Cap: AU$688.9m

Engages in the design, prototyping, production, testing, validation, and sale of cooling products and solutions in Australia, the United States, the United Kingdom, Italy, Germany, France, Japan, and internationally.

Hanil Forging Industrial

Market Cap: ₩73.2b

Produces and supplies automobile components in South Korea and internationally.

Jason

Market Cap: NT$3.3b

Manufactures and sells steering and suspension products in Taiwan.

Beijing Jingwei Hirain Technologies

Market Cap: CN¥9.3b

Beijing Jingwei Hirain Technologies Co., Inc.

Renault

Market Cap: US$12.9b

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.

Murakami

Market Cap: JP¥64.2b

Manufactures and sells rear-view mirrors in Japan.

Pacific Industrial

Market Cap: JP¥71.7b

Manufactures and sells automotive and electronic equipment parts in Japan and internationally.

Alicon Castalloy

Market Cap: ₹11.0b

Provides design, manufacturing, engineering, casting, machining, assembly, painting, and surface treatment services for aluminum components in India and internationally.

Aston Martin Lagonda Global Holdings

Market Cap: US$630.6m

Engages in the design, development, manufacture, and marketing of luxury sports cars in the United Kingdom, the Americas, the Middle East, Africa, rest of Europe, and the Asia Pacific.

Sanok Rubber Company Spólka Akcyjna

Market Cap: €504.5m

Provides rubber products in Poland.

Mitsuchi

Market Cap: JP¥3.2b

Manufactures, delivers, and sells custom fasteners for automotive components in Japan.

Renault

Market Cap: €12.7b

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.

CIR. - Compagnie Industriali Riunite

Market Cap: €591.3m

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.

Polestar Automotive Holding UK

Market Cap: US$2.3b

Manufactures and sells premium electric vehicles.

Compagnie Générale des Établissements Michelin Société en commandite par actions

Market Cap: €22.7b

Engages in the manufacture and sale of tires worldwide.

Polytec Holding

Market Cap: €63.6m

Develops and manufactures plastic solutions for passenger cars and light commercial vehicles, commercial vehicles, and smart plastic and industrial applications.

Nokian Renkaat Oyj

Market Cap: €965.8m

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

Patrick Industries

Market Cap: US$2.6b

Manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada.

Yamaha Motor

Market Cap: US$1.1t

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

Brembo

Market Cap: €2.6b

Designs, develops, and distributes braking systems and components for cars, motorbikes, and commercial vehicles.

Nissan Motor

Market Cap: US$1.3t

Manufactures and sells vehicles and automotive parts worldwide.