Italian Capital Goods Potentially Undervalued Companies

Koenig & Bauer

Market Cap: €230.0m

Develops and manufactures printing and postprint systems worldwide.

Krones

Market Cap: €3.9b

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.

Ariston Holding

Market Cap: €1.4b

Through its subsidiaries, produces and distributes hot water and space heating solutions in the Netherlands, Germany, Italy, Switzerland, and internationally.

EdiliziAcrobatica

Market Cap: €45.7m

Engages in outdoor construction works in Italy.

INDUS Holding

Market Cap: €553.9m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

ILPRA

Market Cap: €66.2m

Engages in the design, production, and sale of packaging machines worldwide.

Webuild

Market Cap: €3.5b

Engages in the construction businesses worldwide.

Daimler Truck Holding

Market Cap: €27.5b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

Andritz

Market Cap: €5.8b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

ErreDue

Market Cap: €45.0m

Offers on-site production, mixing, and purification of technical gases solutions in Italy.

Konecranes

Market Cap: €5.5b

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

AB Volvo

Market Cap: €561.2b

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania.

Lockheed Martin

Market Cap: €105.6b

An aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

AB SKF

Market Cap: €105.8b

Designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide.

Borgosesia

Market Cap: €27.7m

Primarily invests in non-performing and alternative assets.

Danieli & C. Officine Meccaniche

Market Cap: €2.4b

Designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia.

Next Geosolutions Europe

Market Cap: €559.2m

Provides marine geoscience and offshore construction support services in Europe, Asia, and North America.

Traton

Market Cap: €13.8b

Manufactures and sells commercial vehicles in Germany, rest of Europe, the United States of America, rest of North America, Brazil, rest of South America, and internationally.

Dürr

Market Cap: €1.4b

Operates as a mechanical and plant engineering company worldwide.

Vimi Fasteners

Market Cap: €15.2m

Manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy and internationally.

Aumann

Market Cap: €182.2m

Manufactures and sells specialized machines and production lines for electromobility, automation, and robot applications in Germany, rest of Europe, the United States, Canada, Mexico, China, and internationally.

Palingeo

Market Cap: €42.6m

Provides geotechnical and geognostic services in the civil and infrastructural construction, industrial operator, and public administration sectors in Italy.

Altea Green Power

Market Cap: €124.7m

Provides renewable energy systems for individuals, companies, institutions and investors in Italy.

CNH Industrial

Market Cap: €13.6b

An equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.

Textron

Market Cap: €14.9b

Operates in the aircraft, defense, industrial, and finance businesses worldwide.

Porto Aviation Group

Market Cap: €10.4m

Engages in the production of gliders and aircrafts in Italy.

DEUTZ

Market Cap: €1.4b

Develops, manufactures, and sells diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Husqvarna

Market Cap: €28.2b

Produces and sells outdoor power products, watering products, and lawn care power equipment.

3M

Market Cap: €81.4b

Provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally.

Somec

Market Cap: €106.6m

Somec S.p.A. engineers, designs, and deploys turnkey projects in the civil and naval engineering in Italy, rest of Europe, North America, and internationally.

Munters Group

Market Cap: €20.6b

Provides climate solutions in the Americas, Europe, the Middle East, Africa, and Asia.

Cummins

Market Cap: €57.6b

Offers various power solutions worldwide.

Iveco Group

Market Cap: €4.9b

Engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles, combustion engines, alternative propulsion systems, transmissions, axles, engines, alternative propulsion systems, construction equipment, marine, and power generation applications in Europe, South America, North America, and internationally.

Espe

Market Cap: €36.7m

Produces, installs, and manages industrial electric systems worldwide.

PLC

Market Cap: €54.5m

Operates as a general contractor in the construction of renewable energy power plants and electrical infrastructures in Italy and internationally.

Snap-on

Market Cap: €17.8b

Manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide.