Dutch Capital Goods Potentially Undervalued Companies

Sif Holding

Market Cap: €292.3m

Engages in the manufacturing of foundation piles for offshore wind farms and metal structures in the Netherlands and internationally.

Koninklijke Heijmans

Market Cap: €1.0b

Engages in the property development, construction, and infrastructure businesses in the Netherlands and internationally.

Signify

Market Cap: €2.2b

Provides lighting products, systems, and services in Europe, the Americas, and internationally.

Fugro

Market Cap: €1.4b

Provides geo-data services for the infrastructure, energy, and water industries in Europe, Africa, the Americas, the Asia Pacific, the Middle East, and India.

TKH Group

Market Cap: €1.3b

Develops and delivers smart vision, smart manufacturing, and smart connectivity systems in the Netherlands, rest of Europe, Asia, North America, and internationally.

Alfen

Market Cap: €257.5m

Through its subsidiaries, engages in the design, engineering, development, production, and service of smart grid solutions, energy storage systems, and electric vehicle charging equipment.

Aalberts

Market Cap: €3.0b

Offers mission-critical technologies for building, industry, and semicon markets in Europe, the United States, the Asia Pacific, the Middle East, and Africa.

Ebusco Holding

Market Cap: €23.4m

Engages in the development, manufacture, and distribution of zero emission buses and charging systems.

Koninklijke BAM Groep

Market Cap: €1.3b

Provides products and services in the construction and property, civil engineering, and public private partnerships (PPP) sectors worldwide.

Envipco Holding

Market Cap: €253.8m

Designs, develops, manufactures, assembles, markets, sells, leases, and services reverse vending machines (RVM) to collect and process used beverage containers primarily in the Netherlands, North America, and rest of Europe.

Alumexx

Market Cap: €19.9m

Manufactures and sells scaffoldings, stairs, ladders, accessories, and tools for indoor or outdoor use in the Netherlands and internationally.

Ferrovial

Market Cap: €27.6b

Engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally.

IMCD

Market Cap: €6.9b

Distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific.