Global Capital Goods Undervalued Stocks Based On Cash Flows

Exel Composites Oyj

Market Cap: €41.5m

Manufactures and sells composite profiles and tubes made with pultrusion, pull-winding, and continuous lamination processes in Europe, North America, the Asia Pacific, and internationally.

STIF Société anonyme

Market Cap: €311.7m

Manufactures and sells components for the handling of bulk products in France.

Beijing Beimo High-tech Frictional MaterialLtd

Market Cap: CN¥9.5b

Engages in the research and development, production, and sale of brake products for military aircraft and ground equipment.

STEICO

Market Cap: €289.4m

Develops, produces, and markets ecological construction products made of renewable raw materials in Germany, Austria, Switzerland, Lichtenstein, France, Belgium, Netherlands, Luxemburg, South European countries, and internationally.

IDEC

Market Cap: JP¥75.2b

Engages in the human-machine interface (HMI), industrial relays and components, automation and sensing, safety and explosion protection, and systems businesses in Japan, America, Europe, the Middle East, Africa, and the Asia Pacific.

Figeac Aero Société Anonyme

Market Cap: €504.9m

Manufactures, supplies, and sells equipment and sub-assemblers for aeronautics sector in France.

Esautomotion

Market Cap: €38.5m

Develops, manufactures, and sells industrial automation products and services in Italy.

Lords Group Trading

Market Cap: UK£35.2m

Distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers.

Vimi Fasteners

Market Cap: €15.3m

Manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy and internationally.

Symal Group

Market Cap: AU$573.9m

Provides construction contracting, equipment hires, material sales, recycling, and remediation services to the civil construction industry in Australia.

Southern Score Builders Berhad

Market Cap: RM 1.3b

An investment holding company, provides construction management services for building and infrastructure works in Malaysia.

KONCAR - Elektroindustrija d.d

Market Cap: €1.7b

Provides products, services, and solutions for power generation, power transmission and distribution, urban mobility and infrastructure, and digital solutions and platforms in Croatia.

Rheinmetall

Market Cap: €79.2b

Provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally.

EcoUp Oyj

Market Cap: €12.9m

Develops, manufactures, and sells construction products and raw materials in Finland, EU Countries, and internationally.

NRW Holdings

Market Cap: AU$2.3b

Through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia.

ILPRA

Market Cap: €66.2m

Engages in the design, production, and sale of packaging machines worldwide.

Sitowise Group Oyj

Market Cap: €87.5m

Provides buildings, infrastructure, and digital solutions in Finland, Sweden, and internationally.

SFC Energy

Market Cap: €237.4m

Develops, produces, and distributes systems and solutions for stationary and mobile off-grid power supply based on hydrogen and direct methanol fuel cells worldwide.

Norcros

Market Cap: UK£270.0m

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

Componenta

Market Cap: €40.2m

Provides cast iron components in Finland.

JOST Werke

Market Cap: €783.7m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, the Pacific, and Africa.

Hyundai Rotem

Market Cap: ₩21.5t

Manufactures and sells railway vehicles, defense systems, and plants and machinery in South Korea and internationally.

TECO Electric & Machinery

Market Cap: NT$210.0b

Manufactures, installs, wholesales, and retails electronic and telecommunications equipment, office equipment, and home appliances in Taiwan, the United States, China, and internationally.

Nordisk Bergteknik

Market Cap: SEK 887.2m

Provides rock handling and foundation solutions in Sweden, Norway, Finland, and internationally.

Lucky Harvest

Market Cap: CN¥10.1b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Consti Oyj

Market Cap: €81.5m

Provides renovation contracting and technical building services in Finland.

Talgo

Market Cap: €357.6m

Engages in design, manufacture, and maintenance of railway and auxiliary machinery for the maintenance of railway systems rolling stock worldwide.

Ever Glory United Holdings

Market Cap: S$271.0m

An investment holding company, provides mechanical and electrical engineering services for public and private sectors in Singapore.

Sif Holding

Market Cap: €191.3m

Manufactures and sells foundation piles for offshore wind farms and metal structures in the Netherlands, the United Kingdom, the United States, Norway, South Korea, Spain, France, Poland, Belgium, Germany, rest of the European Union, and internationally.

Astroscale Holdings

Market Cap: JP¥99.2b

Engages in research and development of technology related to on-orbit services in Japan, the United Kingdom, the United States, and France.

Firefly Aerospace

Market Cap: US$3.1b

Operates as a space and defense technology company and provides mission solutions for national security, government, and commercial customers.

MilDef Group

Market Cap: SEK 6.3b

Develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally.

Peab

Market Cap: SEK 21.8b

Operates as a construction and civil engineering company in Sweden, Norway, Finland, Denmark, and internationally.

Eurocell

Market Cap: UK£125.6m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

Electrolux Professional

Market Cap: SEK 19.1b

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

SBF

Market Cap: €53.9m

Through its subsidiary, SBF Spezialleuchten GmbH, engages in the development, manufacture, and distribution of ceiling and lighting systems for indoor and outdoor rail vehicles.