Global Automobiles Potentially Undervalued Companies

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥14.0b

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

Bridgestone

Market Cap: JP¥4.0t

Manufactures and sells tires and rubber products.

Suzuki Motor

Market Cap: JP¥3.3t

Engages in the manufacture and marketing of automobiles, motorcycles, and marine products in Japan and internationally.

Brembo

Market Cap: US$2.6b

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

Hwa Fong Rubber Industrial

Market Cap: NT$4.7b

Manufactures, processes, sells, imports, and exports tires and tubes under the DURO brand in Taiwan, China, the United States, Thailand, and internationally.

Giti Tire

Market Cap: CN¥5.2b

Engages in the production and sale of automobile tires.

Man Zai Industrial

Market Cap: NT$1.7b

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

Wanxiang QianchaoLtd

Market Cap: CN¥21.3b

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

Danang Rubber

Market Cap: ₫2.2t

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

Dongfeng Motor Group

Market Cap: HK$35.9b

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.

Feilong Auto Components

Market Cap: CN¥8.6b

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

BAIC Motor

Market Cap: HK$14.8b

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

G N A Axles

Market Cap: ₹14.6b

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

Toyota Motor

Market Cap: ฿35.1t

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.

Apollo Tyres

Market Cap: ₹293.0b

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

Steel Strips Wheels

Market Cap: ₹32.2b

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

Alicon Castalloy

Market Cap: ₹10.9b

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

Federal-Mogul Goetze (India)

Market Cap: ₹18.9b

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: ₹14.6b

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

Bridgestone

Market Cap: €4.0t

Manufactures and sells tires and rubber products.

Yadea Group Holdings

Market Cap: US$43.4b

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.

AD Plastik d.d

Market Cap: €42.1m

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.