Global Automobiles Potentially Undervalued Companies

Saeron Automotive

Market Cap: ₩64.7b

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

Union Materials

Market Cap: ₩80.8b

Manufactures and sells ferrite magnets for motors in South Korea and internationally.

JTEKT

Market Cap: JP¥357.3b

Manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc.

BAIC Motor

Market Cap: US$14.5b

Research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China.

American Axle & Manufacturing Holdings

Market Cap: €444.9m

Designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles.

Brembo

Market Cap: Mex$2.6b

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

Dongfeng Motor Group

Market Cap: HK$35.2b

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.

G N A Axles

Market Cap: ₹13.9b

Manufactures and sells auto components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia.

Feilong Auto Components

Market Cap: CN¥8.5b

Feilong Auto Components Co., Ltd., together with its subsidiaries, process, manufactures, and sells auto parts in China 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.

BAIC Motor

Market Cap: HK$14.5b

Research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China.

Alicon Castalloy

Market Cap: ₹11.1b

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

Brilliance China Automotive Holdings

Market Cap: HK$13.6b

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

Apollo Tyres

Market Cap: ₹289.6b

Manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally.

Changchun FAWAY Automobile ComponentsLtd

Market Cap: CN¥7.0b

Researches, designs, develops, manufactures, and sells components and related parts in China.

Yadea Group Holdings

Market Cap: US$42.3b

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.

Jiangsu Changshu Automotive Trim Group

Market Cap: CN¥4.8b

Jiangsu Changshu Automotive Trim Group Co., Ltd.

Danang Rubber

Market Cap: ₫2.2t

Engages in the production and sale of tires in Vietnam and internationally.

Giti Tire

Market Cap: CN¥5.0b

Engages in the production and sale of automobile tires.

Man Zai Industrial

Market Cap: NT$1.9b

Engages in the manufacture and sale of air- conditioning products in Asia, the United States, Europe, and internationally.

Toyota Motor

Market Cap: ฿36.3t

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.

Steel Strips Wheels

Market Cap: ₹32.3b

Engages in the design, manufacture, and sale of automotive wheel rims and other auto components in India and internationally.

Federal-Mogul Goetze (India)

Market Cap: ₹18.8b

Engages in the manufacture, supply, and distribution of automotive components for two/three/four-wheeler automobiles in India and internationally.

G N A Axles

Market Cap: ₹13.9b

Manufactures and sells auto components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia.

Patrick Industries

Market Cap: €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.

BorgWarner

Market Cap: €6.2b

Provides solutions for combustion, hybrid, and electric vehicles worldwide.

BorgWarner

Market Cap: €6.2b

Provides solutions for combustion, hybrid, and electric vehicles worldwide.

Isuzu Motors

Market Cap: US$1.4t

Manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide.

Continental

Market Cap: €13.6b

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

Novem Group

Market Cap: €175.6m

Develops and supplies trim elements and decorative function elements in car interiors for automotive industry in Luxembourg and internationally.

Polestar Automotive Holding UK

Market Cap: €2.3b

Manufactures and sells premium electric vehicles.

Toyota Motor

Market Cap: €36.3t

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.

PHINIA

Market Cap: €1.6b

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

Launch Tech

Market Cap: €4.2b

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

Ford Motor

Market Cap: €39.8b

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

AD Plastik d.d

Market Cap: €45.8m

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