Global Automobiles Potentially Undervalued Companies

Burelle

Market Cap: €683.6m

Through its subsidiaries, offers automotive equipment, intelligent body systems, and clean energy systems and modules in France and internationally.

paragon GmbH KGaA

Market Cap: €13.6m

Develops, produces, and distributes automotive electronics, body kinematics, and e-mobility solutions for the automotive industry in Germany, European Union, and internationally.

Harley-Davidson

Market Cap: US$3.6b

Manufactures and sells motorcycles in the United States and internationally.

Fortune Parts Industry

Market Cap: ฿2.4b

Manufactures and distributes automotive replacement parts in Thailand, the Kingdom of Saudi Arabia, and internationally.

paragon GmbH KGaA

Market Cap: €13.6m

Develops, produces, and distributes automotive electronics, body kinematics, and e-mobility solutions for the automotive industry in Germany, European Union, and internationally.

Tgi Infrastructures

Market Cap: ₪198.7m

Together with its subsidiary, produces, processes, assembles, and markets mechanical assemblies made of magnesium for the automotive industry in Israel.

Mercedes-Benz Group

Market Cap: Ft49.5b

Operates as an automotive company in Germany and internationally.

Stellantis

Market Cap: AR$24.4b

Engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide.

Raval ACS

Market Cap: ₪147.6m

Develops, produces, and sells automotive fuel tank venting systems.

ElringKlinger

Market Cap: US$291.5m

Develops, manufactures, and sells components, modules, and systems for the automotive industry in Germany, rest of Europe, North America, the Asia-Pacific, and internationally.

Bayerische Motoren Werke

Market Cap: €50.9b

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

TACHI-S

Market Cap: US$60.8b

Engages in the manufacture and sale of automotive seats in Japan and internationally.

Mercedes-Benz Group

Market Cap: CHF 54.9b

Operates as an automotive company in Germany and internationally.

Schaeffler

Market Cap: €5.7b

Develops, manufactures, and sells components and systems for industrial applications in Europe, the Americas, China, and the Asia Pacific.

Huazhong In-Vehicle Holdings

Market Cap: HK$486.5m

An investment holding company, manufactures, supplies, and sells automobile body parts in Mainland China and internationally.

Wheels India

Market Cap: ₹20.0b

Together with its subsidiary, engages in the manufacture and sale of automotive and industrial components in India and internationally.

Ingress Industrial (Thailand)

Market Cap: ฿434.1m

An investment holding company, manufactures and distributes automotive components in Thailand, Malaysia, Indonesia, and India.

Shanghai CarthaneLtd

Market Cap: CN¥3.2b

Operates in the auto parts manufacturing industry in China.

Shenzhen Kedali Industry

Market Cap: CN¥43.7b

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

Rane Holdings

Market Cap: ₹21.3b

Manufactures and markets automotive components for the transportation industry in India and internationally.

North East Rubber

Market Cap: ฿7.8b

Manufactures and sells rubber products in Thailand.

Metalart

Market Cap: JP¥11.1b

Engages in the manufacture, machining, and sale of hot forged, precise, and closed-die-forged products for automobiles, construction and agricultural machinery, ships, and other industrial machinery in Japan and internationally.

Shanghai SK Automation TechnologyLtd

Market Cap: CN¥9.1b

Engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles.

Exide Pakistan

Market Cap: PK₨5.4b

Together with its subsidiary, Chloride Pakistan (Private) Limited, manufactures and sells batteries, chemicals, and acids in Pakistan.

Diamond Electric Holdings

Market Cap: JP¥5.0b

Engages in automobile, energy solution, and electronic control equipment businesses in Japan.

Seoyon Topmetal

Market Cap: ₩44.9b

Produces and sells automobile body parts stamping tools, injection molds for interior parts, and excavator cabins in South Korea.

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.

F-Tech

Market Cap: JP¥14.7b

Designs, develops, manufactures, and sells automotive parts, related dies, machinery, and equipment in Japan, rest of Asia, and North America.

Changchun Engley Automobile IndustryLtd

Market Cap: CN¥6.7b

Changchun Engley Automobile Industry Co., Ltd.

Zhejiang Asia-Pacific Mechanical & ElectronicLtd

Market Cap: CN¥9.3b

Engages in the development, production, and sale of automotive parts in China and internationally.

Daewon Sanup

Market Cap: ₩224.0b

Manufactures and sells automobile seats in South Korea, China, Russia, and internationally.

Selamat Sempurna

Market Cap: Rp10.9t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

Volkswagen

Market Cap: €49.1b

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

Lear

Market Cap: Mex$5.7b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Exco Technologies

Market Cap: €261.5m

Designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries.

American Axle & Manufacturing Holdings

Market Cap: €748.8m

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