Global Capital Goods Strong Balance Sheet Stocks

Nippecraft

Market Cap: S$16.5m

Engages in trading and sourcing of recycled waste, chemicals, papers, paper bags, pulp, and other related materials.

Ben Thanh Trading & Service

Market Cap: ₫513.0b

Engages in commercial and services trading, and financial investment activities in Vietnam.

Nihon Decoluxe

Market Cap: JP¥6.3b

Engages in the manufacture and sale of construction materials in Japan.

Gosa Fom a.d

Market Cap: дин2.3b

Engages in the production and sale of equipment for lifting and transferring in Serbia and internationally.

HACISCO

Market Cap: ₫63.2b

Provides construction services to post and telecommunication industries.

WANG & LEE GROUP

Market Cap: US$136.5k

Through its subsidiary, operates as a construction contractor in Hong Kong and Mainland China.

Norcros

Market Cap: UK£231.4m

Designs and supplies bathroom and kitchen products in the United Kingdom, Ireland, and South Africa.

Desarrollos Especiales de Sistemas de Anclaje

Market Cap: €31.3m

Desarrollos Especiales de Sistemas de Anclaje, S.A.

Absolent Air Care Group

Market Cap: SEK 3.0b

Designs, develops, sells, installs, and maintains air filtration units.

OMER

Market Cap: €130.6m

Designs, develops, manufactures, and sells components and interior furnishings for railway vehicles in Italy, rest of European Union countries, and internationally.

Flowserve

Market Cap: US$7.2b

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

Hove

Market Cap: DKK 116.8m

Develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark and inetrnationally.

Draganfly

Market Cap: CA$193.0m

Develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada.

Rotork

Market Cap: UK£2.8b

Designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical process, and industrial markets.

Automatyka-Pomiary-Sterowanie

Market Cap: zł63.0m

Provides various services in the fields of industrial automation and electrical works in Poland.

Instal Kraków

Market Cap: zł271.0m

Engages in the construction business in Poland and internationally.

Societe d Etudes et de Travaux pour l Afrique de l Ouest

Market Cap: XOF 13.4b

n/a

Maire

Market Cap: €4.0b

MAIRE S.p.A. develops and implements various solutions to enable the energy transition.

Tennant

Market Cap: US$1.5b

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

Limbach Holdings

Market Cap: US$1.1b

Operates as a building systems solution company in the United States.

BELIMO Holding

Market Cap: CHF 10.0b

Engages in the development, production, and sale of damper actuators, control valves, sensors, and meters for heating, ventilation, and air conditioning systems (HVAC) in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Crown Electrokinetics

Market Cap: US$2.4m

Provides infrastructure solutions in the United States.

Graham

Market Cap: US$555.4m

Designs and manufactures fluid, power, heat transfer, and vacuum technologies for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, and energy industries.

Bonheur

Market Cap: NOK 9.5b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.

I.CO.P.. Società Benefit

Market Cap: €567.2m

Engages in providing construction and special engineering services to public and private clients in Italy and internationally.

SIFCO Industries

Market Cap: US$45.1m

Produces and sells forgings and machined components primarily for the aerospace and energy, and defense and commercial space markets in the United States and internationally.

Aesler Grup Internasional

Market Cap: Rp3.9t

Provides architectural and construction management services in Indonesia.

Kleen HY-DRO-GEN

Market Cap: CA$14.4m

Manufactures home heating products.

Newag

Market Cap: zł3.8b

Engages in the production and sale of railway locomotives and rolling stocks in Poland.

Ducommun

Market Cap: US$1.4b

Provides engineering and manufacturing services for products and applications used in the aerospace and defense, industrial, medical, and other industries in the United States.

Goodtech

Market Cap: NOK 261.0m

Provides control systems, digitization, and production solutions for production companies in Norway, Sweden, Finland, Europe, and internationally.

Donaldson Company

Market Cap: US$9.3b

Manufactures and sells filtration systems and replacement parts worldwide.

Euro Tech Holdings

Market Cap: US$10.8m

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.

Nephros

Market Cap: US$44.0m

A commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States.

Mendelson Infrastructures & Industries

Market Cap: ₪485.0m

Mendelson Infrastructures & Industries Ltd.

Travis Perkins

Market Cap: UK£1.2b

Engages in distribution of building material products in the United Kingdom.