U.S. Capital Goods Potentially Undervalued Companies

Husqvarna

Market Cap: US$30.7b

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

Savaria

Market Cap: US$1.5b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

Sumitomo

Market Cap: US$5.0t

Engages in the general trading business.

Regal Rexnord

Market Cap: US$9.9b

Provides sustainable solutions for power, transmit, and control motion products in the North America, Asia, Europe, and internationally.

BAE Systems

Market Cap: US$52.4b

Provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Japan, Europe, and internationally.

Array Technologies

Market Cap: US$1.4b

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

Jardine Cycle & Carriage

Market Cap: US$11.2b

An investment holding company, engages in providing the financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia, Singapore, and Malaysia.

Fosun International

Market Cap: US$43.2b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

SGL Carbon

Market Cap: US$413.9m

Manufactures and sells special graphite, carbon fiber, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally.

Fosun International

Market Cap: US$43.2b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Implenia

Market Cap: US$1.2b

Provides construction and real estate services in Switzerland, Germany, Austria, Norway, Sweden, France, and internationally.

MISUMI Group

Market Cap: US$620.3b

Engages in the factory automation (FA) and die component businesses in Japan, China, rest of Asia, the Americas, Europe, and internationally.

Griffon

Market Cap: US$3.5b

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

Herc Holdings

Market Cap: US$4.3b

Operates as an equipment rental supplier in the United States and internationally.

Sandvik

Market Cap: US$299.9b

An engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide.

Siemens

Market Cap: US$183.7b

A technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia.

Euro Tech Holdings

Market Cap: US$9.7m

Engages in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, and supplies and related automation systems in Hong Kong and in the People's Republic of China.

Orion Group Holdings

Market Cap: US$294.0m

Operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin.

Greenland Technologies Holding

Market Cap: US$24.2m

Designs, develops, manufactures, and sells components and products for material handling industries worldwide.

Airbus

Market Cap: US$141.7b

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

Konecranes

Market Cap: US$5.6b

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

JGC Holdings

Market Cap: US$340.9b

Provides engineering, procurement, and construction services.

Thoresen Thai Agencies

Market Cap: US$7.7b

Operates as a shipping company in Asia, Africa, the United States, Europe, and Oceania.

KHD Humboldt Wedag International

Market Cap: US$96.9m

Provides engineering products and services for the cement industry.

Hino Motors

Market Cap: US$221.6b

Manufactures and sells commercial vehicles under the Hino brand worldwide.

Austal

Market Cap: US$3.3b

Engages in the design, manufacture, and support of vessels for commercial and defense customers internationally.

JG Summit Holdings

Market Cap: US$179.0b

Engages in the consumer foods, agro-industrial and commodity food products, real estate and hotels, banking and financial services, telecommunications, petrochemicals, air transportation, and power generation and distribution businesses.

Art's-Way Manufacturing

Market Cap: US$16.1m

Manufactures and sells agricultural equipment, and specialized modular science and agricultural buildings worldwide.

Eguana Technologies

Market Cap: US$3.6m

Designs, manufactures, and markets energy storage solutions for residential and commercial markets in Australia, Europe, and North America.

Compagnie de Saint-Gobain

Market Cap: US$45.7b

Designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide.

Ackermans & Van Haaren

Market Cap: US$7.3b

Engages in the marine engineering and contracting, private banking, real estate and senior care, energy and resources, and growth capital businesses worldwide.

Decisive Dividend

Market Cap: US$156.9m

Through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and fireplaces in Canada, the United States, and internationally.

Hexatronic Group

Market Cap: US$4.8b

Develops, manufactures, markets, and sells fiber communication solutions in Sweden, the United States, Germany, the United Kingdom, and internationally.

Baran Group

Market Cap: US$357.1m

An engineering company, provides engineering solutions for projects in Israel and internationally.

Zhuzhou CRRC Times Electric

Market Cap: US$65.4b

Engages in the manufacture and sale of propulsion and control systems to rolling stock industry in Mainland China and internationally.

Electrolux Professional

Market Cap: US$17.6b

Provides food service, beverage, and laundry products and solutions to restaurants, hotels, healthcare, educational, and other service facilities.