U.S. Capital Goods Potentially Undervalued Companies

Sodick

Market Cap: US$45.6b

Engages in the development, manufacture, and sale of numerical control electric discharge machines (EDMs) in Japan and internationally.

Proto Labs

Market Cap: US$890.0m

Operates as a digital manufacturer of custom parts in the United States and Europe.

Gencor Industries

Market Cap: US$196.1m

Designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment.

Daifuku

Market Cap: US$1.3t

Provides consulting, engineering, design, manufacture, installation, and after-sales services for logistics systems and material handling equipment in Japan and internationally.

Sumitomo

Market Cap: US$4.4t

Engages in general trading business.

Kingspan Group

Market Cap: US$13.5b

Provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally.

Wabash National

Market Cap: US$370.1m

Manufactures engineered solutions and services for transportation, logistics and infrastructure industry in the United States.

Xtract One Technologies

Market Cap: US$98.3m

Engages in the research, development, and commercialization of threat detection gateway solutions in the United States, Japan, France, the United Kingdom, and Canada.

Marubeni

Market Cap: US$4.6t

Marubeni Corporation purchases, distributes, and markets industrial and consumer goods.

Franklin Electric

Market Cap: US$3.9b

Designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Weichai Power

Market Cap: US$140.9b

Engages in the manufacture and sale of diesel engines, automobiles, and other automobile components in China and internationally.

FGI Industries

Market Cap: US$5.1m

FGI Industries ltd. supplies bath and kitchen products retail, wholesale, commercial and specialty channel customers in the United States, Canada, Europe, and internationally.

Hudson Technologies

Market Cap: US$312.2m

Through its subsidiary, Hudson Technologies Company, provides solutions to recurring problems within the refrigeration industry in the United States.

Kajima

Market Cap: US$1.7t

Engages in civil engineering, building construction, real estate development, architectural design, and other businesses worldwide.

Alfen

Market Cap: US$237.0m

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

ASSA ABLOY

Market Cap: US$332.3b

Provides door opening and access products for the institutional, commercial, and residential markets.

Fujikura

Market Cap: US$1.7t

Engages in energy, telecommunications, electronics, automotive, and real estate businesses in Japan, the United States, China, and internationally.

Montana Aerospace

Market Cap: US$1.2b

Montana Aerospace AG design, develop, and manufacture system components and complex assemblies worldwide.

Kubota

Market Cap: US$1.8t

Manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally.

3M

Market Cap: US$80.6b

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

MITSUI E&S

Market Cap: US$159.4b

Provides marine propulsion systems in Japan, rest of Asia, Europe, North America, and internationally.

Infrastructure and Energy Alternatives

Market Cap: US$667.0m

Infrastructure and Energy Alternatives, Inc., through its subsidiaries, operates as a diversified infrastructure construction company in the United States.

Renew Holdings

Market Cap: US$538.6m

Provides engineering services in the United Kingdom.

China Communications Services

Market Cap: US$22.4b

Provides telecommunications support services worldwide.

Nichias

Market Cap: US$265.4b

Manufactures and sells thermal insulation materials primarily in Japan.

Vesuvius

Market Cap: US$1.3b

Provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide.

Bidvest Group

Market Cap: US$76.6b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Furukawa Electric

Market Cap: US$380.1b

Manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide.

Austin Engineering

Market Cap: US$214.1m

Manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors.

Koninklijke BAM Groep

Market Cap: US$1.8b

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

Wärtsilä Oyj Abp

Market Cap: US$10.5b

Offers technologies and lifecycle solutions for the marine and energy markets worldwide.

Sekisui Chemical

Market Cap: US$1.0t

Engages in the housing, urban infrastructure and environmental products, high performance plastics, and medical businesses.

Stratasys

Market Cap: US$879.1m

Provides connected polymer-based 3D printing solutions.

Mitsubishi Electric

Market Cap: US$6.2t

Develops, manufactures, distributes, and sells electrical and electronic equipment worldwide.

SMC

Market Cap: US$3.4t

Manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide.

Skanska

Market Cap: US$95.5b

Operates as a construction and project development company in the Nordics, Europe, and the United States.