U.S. Capital Goods Potentially Undervalued Companies

Scott Technology

Market Cap: US$166.4m

Engages in the design, manufacture, sale, and servicing of automated and robotic production lines and processes for various industries in New Zealand and internationally.

IMI

Market Cap: US$5.6b

An engineering company, designs, manufactures, and services engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa.

Nichias

Market Cap: US$265.4b

Manufactures and sells thermal insulation materials primarily in Japan.

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.

Lycopodium

Market Cap: US$457.8m

Provides engineering and project delivery services in the resources, rail infrastructure, and industrial processes sectors in Australia.

Primoris Services

Market Cap: US$6.5b

Provides infrastructure services primarily in the United States and Canada.

Lavoro

Market Cap: US$176.5m

Operates as an agricultural inputs retailer.

Icahn Enterprises

Market Cap: US$4.9b

Through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally.

Tigo Energy

Market Cap: US$90.7m

Provides solar and energy storage solutions worldwide.

Hexcel

Market Cap: US$5.1b

Develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications.

Toyota Industries

Market Cap: US$4.9t

Manufactures and sells textile machinery, materials handling equipment, automobiles, and automobile parts in Japan, the United States, and internationally.

SMC

Market Cap: US$2.9t

Manufactures and sells automatic control equipment worldwide.

Stratasys

Market Cap: US$955.6m

Provides connected polymer-based 3D printing solutions.

Mitsubishi Electric

Market Cap: US$7.3t

Develops, manufactures, sells, and distributes electrical and electronic equipment in Japan, North America, rest of Asia, Europe, and internationally.

CK Hutchison Holdings

Market Cap: US$196.7b

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.

Boise Cascade

Market Cap: US$3.3b

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

Everus Construction Group

Market Cap: US$4.1b

Provides contracting services in the United States.

MasterBrand

Market Cap: US$1.6b

Engages in the manufacture and sale of residential cabinets in the United States and Canada.

New Horizon Aircraft

Market Cap: US$72.5m

An aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States.

IDEX

Market Cap: US$12.4b

Provides applied solutions in the United States, rest of North America, Europe, Asia, and internationally.

Austin Engineering

Market Cap: US$192.4m

Manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors in the Australia, Chile, the United States, Canada, Indonesia, and internationally.

Mitsubishi

Market Cap: US$12.8t

Engages in the global environment and energy, material solutions, metal resources, social infrastructure, mobility, food industry, SLC, and power solutions businesses in Japan and internationally.

Kornit Digital

Market Cap: US$678.2m

Develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

QinetiQ Group

Market Cap: US$2.6b

Provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally.

Turbo Energy

Market Cap: US$25.0m

Designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally.

Skanska

Market Cap: US$96.8b

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

Schneider Electric

Market Cap: US$118.3b

Engages in the energy management and industrial automation businesses worldwide.

Husqvarna

Market Cap: US$30.7b

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

Nabtesco

Market Cap: US$376.5b

Manufactures and sells equipment in the industrial, daily life, and environmental fields products in Japan and internationally.

Cirrus Aircraft

Market Cap: US$19.0b

Manufactures and sells piston aircraft and single-engine turbine jets worldwide.

SM Investments

Market Cap: US$926.6b

Invests in retail, banking, and property businesses in the Philippines.

Duratec

Market Cap: US$467.8m

Engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets primarily for steel and concrete infrastructure in Australia.

American Woodmark

Market Cap: US$940.7m

Manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States.

CITIC

Market Cap: US$323.5b

Operates in the financial services, advanced intelligent manufacturing, advanced materials, consumption, and urbanization businesses in the Mainland of China, Hong Kong, Macau, Taiwan, and internationally.

Budimex

Market Cap: US$13.6b

Operates as a construction company in Poland, Germany, Slovakia, Czechia, Latvia, rest of the European Union, and internationally.

Airtificial Intelligence Structures

Market Cap: US$179.9m

Airtificial Intelligence Structures, S.A.