Global Automobiles Potentially Undervalued Companies

Garrett Motion

Market Cap: €2.2b

Designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors in the United States, Europe, Asia, and internationally.

Sumitomo Electric Industries

Market Cap: US$2.4t

Manufactures and sells electric wires and cables worldwide.

Mercedes-Benz Group

Market Cap: €48.0b

Operates as an automotive company in Germany and internationally.

Toyo Tire

Market Cap: JP¥472.4b

Manufactures and sells tires in Japan, North America, and internationally.

Nifco

Market Cap: JP¥319.9b

Manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, Mexico, and Europe.

Weifu High-Technology Group

Market Cap: HK$17.0b

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

Tianneng Battery Group

Market Cap: CN¥26.2b

Researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automobile start-stop batteries, energy storage batteries, and 3C batteries in China and internationally.

Nexen Tire

Market Cap: ₩634.4b

Manufactures and sells tires in South Korea and internationally.

G-Tekt

Market Cap: JP¥73.8b

Manufactures and sells auto body components and transmission parts in Japan and internationally.

Mercedes-Benz Group

Market Cap: €48.0b

Operates as an automotive company in Germany and internationally.

Shenzhen Kedali Industry

Market Cap: CN¥29.1b

Researches, develops, manufactures, and sells lithium battery precision and automotive structural parts in China and internationally.

AAPICO Hitech

Market Cap: ฿4.6b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

North East Rubber

Market Cap: ฿7.6b

Manufactures and sells rubber products in Thailand.

Geely Automobile Holdings

Market Cap: HK$164.8b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Zhejiang Shuanghuan DrivelineLtd

Market Cap: CN¥26.0b

Researches and develops, manufactures, and sells gears, transmission, and drive components under the FOISH brand in China and internationally.

Weifu High-Technology Group

Market Cap: CN¥17.0b

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

Tianneng Battery Group

Market Cap: CN¥26.2b

Researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automobile start-stop batteries, energy storage batteries, and 3C batteries in China and internationally.

BYD

Market Cap: CN¥1.1t

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

Volkswagen

Market Cap: €46.0b

Manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally.

Mercedes-Benz Group

Market Cap: US$48.0b

Operates as an automotive company in Germany and internationally.

OPmobility

Market Cap: €1.6b

Designs and produces intelligent exterior systems, customized complex modules, lighting systems, energy storage systems, and electrification solutions for all mobility players in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa.

Subaru

Market Cap: US$1.8t

Manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally.

Compagnie Générale des Établissements Michelin Société en commandite par actions

Market Cap: US$22.2b

Engages in the manufacture and sale of tires worldwide.

BYD

Market Cap: US$1.1t

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

Renault

Market Cap: US$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.

CIE Automotive

Market Cap: €3.0b

Designs, manufactures, and sells automotive components and sub-assemblies.

Geely Automobile Holdings

Market Cap: HK$164.8b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Harley-Davidson

Market Cap: €3.1b

Manufactures and sells motorcycles in the United States and internationally.

Compagnie Générale des Établissements Michelin Société en commandite par actions

Market Cap: €22.2b

Engages in the manufacture and sale of tires worldwide.

Suzuki Motor

Market Cap: US$3.2t

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

Hankook Tire & Technology

Market Cap: ₩5.2t

Manufactures and sells tires worldwide.

General Motors

Market Cap: US$50.9b

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

Mazda Motor

Market Cap: US$541.8b

Engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, the United States, North America, Europe, and internationally.

Great Wall Motor

Market Cap: CN¥180.5b

Engages in the manufacture and sale of automobiles, and automotive parts and components in the People's Republic of China, Europe, ASEAN countries, Latin America, the Middle East, Australia, South Africa, and internationally.

Nifco

Market Cap: €319.9b

Manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, Mexico, and Europe.

NHK Spring

Market Cap: JP¥320.6b

Provides automobile, data communications, and industry and lifestyle products in Japan.