Global Capital Goods Potentially Undervalued Companies

DCC

Market Cap: €4.9b

Engages in the sales, marketing, and distribution of carbon energy solutions worldwide.

Morgan Advanced Materials

Market Cap: €514.6m

Manufactures and sells various carbon and ceramic products in the United Kingdom.

SK

Market Cap: ₩6.6t

Engages in advanced materials, energy, life sciences and biopharmaceuticals, and digital businesses.

NGK Insulators

Market Cap: JP¥493.3b

Manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others.

Fluor

Market Cap: US$5.7b

Provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.6b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥36.4b

Manufactures and sells power distribution and utilization systems in China and internationally.

Goldwind Science&Technology

Market Cap: CN¥31.0b

Provides wind power solutions in China and internationally.

Samsung C&T

Market Cap: ₩17.7t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Konecranes

Market Cap: €4.2b

Manufactures, sells, and services material handling products in Europe, the Middle East, Africa, the Americas, the Asia-Pacific, and internationally.

GS Yuasa

Market Cap: JP¥227.8b

Engages in the manufacture and sale of batteries, power supplies, lighting equipment, and other battery and electrical equipment in Japan, the rest of Asia, North America, Europe, and internationally.

Fortune Brands Innovations

Market Cap: US$6.2b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

Middleby

Market Cap: US$6.8b

Designs, manufactures, markets, distributes, and services commercial restaurant, food processing, and residential kitchen equipment worldwide.

Andritz

Market Cap: €5.2b

Provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally.

Renew Holdings

Market Cap: €564.4m

Provides engineering services in the United Kingdom.

Nitto Boseki

Market Cap: JP¥131.1b

Engages in the manufacture, processing, and sale of textile products and textile-related industrial goods, rock wool and building materials, glass fiber products, and specialty chemicals and medical products in Japan.

Sime Darby Berhad

Market Cap: RM 14.0b

An investment holding company, operates in the industrial, motors, and other businesses in Malaysia, China, Australia, and internationally.

AME Elite Consortium Berhad

Market Cap: RM 984.2m

An investment holding company, engages in the design, development, and construction of manufacturing plants and industrial parks in Malaysia.

Henan Pinggao ElectricLtd

Market Cap: CN¥23.4b

Researches and develops, manufactures, sells, and services high voltage, super-high voltage, and ultra-high voltage AC/DC switchgear in China.

NRW Holdings

Market Cap: AU$1.1b

Through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia.

China Railway Construction

Market Cap: CN¥102.4b

Engages in the construction business in Mainland China and internationally.

CIMC Vehicles (Group)

Market Cap: CN¥16.0b

Designs, develops, produces, and sells specialty vehicles, semi-trailers, spare parts, and related technical services in China.

Keller Group

Market Cap: UK£1.0b

Provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa.

Stabilus

Market Cap: €542.2m

Manufactures and sells gas springs, dampers, electromechanical damper opening systems, vibration isolation products, and industrial components in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally.

Finning International

Market Cap: €5.0b

Sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally.

Van Elle Holdings

Market Cap: UK£36.8m

Operates as a geotechnical and ground engineering contractor in the United Kingdom.

EMCOR Group

Market Cap: US$17.4b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

NTN

Market Cap: €111.1b

Engages in the manufacture and sale of bearings, drive shafts, and precision equipment and other products in Japan and internationally.

Advanced Drainage Systems

Market Cap: US$8.0b

Designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in North America and internationally.

MINEBEA MITSUMI

Market Cap: €812.4b

Manufactures and supplies machined components, electronic devices and components, automotive, and industrial machinery and home security business in Japan and internationally.

Zehnder Group

Market Cap: CHF 560.2m

Develops, manufactures, and sells indoor climate systems in Europe, North America, and China.

Gibraltar Industries

Market Cap: US$1.5b

Manufactures and provides products and services for the residential, renewable energy, agtech, and infrastructure markets in the United States and internationally.

Krones

Market Cap: €3.8b

Engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology for the food and beverage industry in Germany and internationally.

Klöckner & Co

Market Cap: €649.4m

Distributes steel and metal products in Germany, Switzerland, France, the united states, and internationally.

Metso Oyj

Market Cap: €7.1b

Provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India.