U.S. Capital Goods Potentially Undervalued Companies

Alta Equipment Group

Market Cap: US$167.9m

Owns and operates integrated equipment dealership platforms in the United States and Canada.

urban-gro

Market Cap: US$4.4m

Engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe.

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Griffon

Market Cap: US$3.3b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

Bombardier

Market Cap: US$9.0b

Engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide.

Gibraltar Industries

Market Cap: US$1.8b

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

Builders FirstSource

Market Cap: US$12.3b

Manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States.

NN

Market Cap: US$107.5m

Designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States, China, Brazil, Mexico, Germany, Poland, and internationally.

LSI Industries

Market Cap: US$461.5m

Manufactures and distributes commercial lighting, graphics, and display solutions across strategic vertical markets.

Boise Cascade

Market Cap: US$3.4b

Engages in manufacture and sale of engineered wood products (EWP) and plywood, and wholesale distribution of building materials in the United States and Canada.

CK Hutchison Holdings

Market Cap: US$166.8b

An investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong, Mainland China, Europe, Canada, Asia, Australia, and internationally.

ZKH Group

Market Cap: US$506.1m

Develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People’s Republic of China.

Great Lakes Dredge & Dock

Market Cap: US$765.2m

Provides dredging services in the United States.

Oshkosh

Market Cap: US$6.5b

Provides purpose-built vehicles and equipment worldwide.

Stem

Market Cap: US$79.2m

Provides artificial intelligence driven software and services that enable its customers to plan, deploy, and operate clean energy assets in the United States and internationally.

Airbus

Market Cap: US$127.8b

Engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide.

Blue Bird

Market Cap: US$1.3b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Atmus Filtration Technologies

Market Cap: US$3.0b

Designs, manufactures, and sells filtration products under the Fleetguard brand in the United States and internationally.

Flowserve

Market Cap: US$6.7b

Designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific.

CK Hutchison Holdings

Market Cap: US$166.8b

An investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong, Mainland China, Europe, Canada, Asia, Australia, and internationally.

Array Technologies

Market Cap: US$1.1b

Manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally.

MISUMI Group

Market Cap: US$528.2b

Engages in the factory automation and die components businesses worldwide.

Aecon Group

Market Cap: US$1.2b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

Finning International

Market Cap: US$6.7b

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

Sumitomo

Market Cap: US$4.4t

Engages in general trading business.

Brenntag

Market Cap: US$8.7b

Engages in the distribution of chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally.

AB Volvo

Market Cap: US$544.0b

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

ADENTRA

Market Cap: US$647.6m

Engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States.

Ultralife

Market Cap: US$101.7m

Designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide.

Keller Group

Market Cap: US$1.1b

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

Heidelberger Druckmaschinen

Market Cap: US$441.3m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

AAR

Market Cap: US$2.2b

Provides products and services to commercial aviation, government, and defense markets worldwide.

Custom Truck One Source

Market Cap: US$1.0b

Provides specialty equipment rental and sale services to electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada.

DXP Enterprises

Market Cap: US$1.3b

Engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States, Canada, and internationally.

Textron

Market Cap: US$13.5b

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

Airbus

Market Cap: US$127.8b

Engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide.