Global Capital Goods Undervalued Stocks Based On Cash Flows

Zhuhai CosMX Battery

Market Cap: CN¥15.1b

Manufactures and supplies polymer lithium-ion batteries worldwide.

Array Technologies

Market Cap: US$1.1b

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

Absolent Air Care Group

Market Cap: SEK 2.4b

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

Kepler Weber

Market Cap: R$1.3b

Provides storage equipment and post-harvest grain solutions in Brazil, Central and South America, Africa, and Asia.

Lucky Harvest

Market Cap: CN¥11.4b

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

ILPRA

Market Cap: €53.7m

Designs, produces, and sells packaging machines worldwide.

Cavotec

Market Cap: SEK 1.8b

A cleantech company, designs and delivers connection and electrification solutions to enable the decarbonization of ports and industrial applications in Europe, the Middle East and Africa, the Asia Pacific, and North America.

dormakaba Holding

Market Cap: CHF 3.1b

Provides access and security solutions worldwide.

Patel Engineering

Market Cap: ₹35.3b

Provides infrastructure and construction services in India and internationally.

Unimech Aerospace and Manufacturing

Market Cap: ₹52.7b

A precision engineering solutions company, manufactures and sells tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components in India.

Sany Renewable EnergyLtd

Market Cap: CN¥28.1b

Engages in the research and development, manufacture, and sale of wind turbines and generators in China.

ATON Green Storage

Market Cap: €15.3m

Engages in the production and sale of storage systems for photovoltaic systems and battery energy storage system.

Exel Composites Oyj

Market Cap: €40.0m

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.

Sitowise Group Oyj

Market Cap: €90.0m

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

Wuxi Lead Intelligent EquipmentLTD

Market Cap: CN¥32.3b

Develops, manufactures, and sells intelligent equipment in China.

TaewoongLtd

Market Cap: ₩355.1b

Manufactures and sells open-die forgings and ring rolled products in South Korea and internationally.

Robit Oyj

Market Cap: €27.4m

Engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland.

FreightCar America

Market Cap: US$136.7m

Through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico.

FACC

Market Cap: €314.1m

Engages in the development, production, and maintenance of aircraft components worldwide.

Hyosung Heavy Industries

Market Cap: ₩5.6t

Manufactures and sells heavy electrical equipment in South Korea and internationally.

Kunshan Kinglai Hygienic MaterialsLtd

Market Cap: CN¥12.9b

Kunshan Kinglai Hygienic Materials Co.,Ltd.

Evergreen Aviation Technologies

Market Cap: NT$42.1b

Provides aircraft maintenance services to airline partners in Taiwan and internationally.

Austal

Market Cap: AU$2.1b

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

Cenergy Holdings

Market Cap: €1.9b

Manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products in Belgium and internationally.

Andritz

Market Cap: €5.9b

Provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally.

Sanil Electric

Market Cap: ₩2.0t

Manufactures and sell transformer in Korea and internationally.

Dätwyler Holding

Market Cap: CHF 2.0b

Engages in the production and sale of elastomer components for healthcare, mobility, connectors, general, and food and beverage industries in Europe, North America, South America, Australia, and Asia.

Fagerhult Group

Market Cap: SEK 7.4b

Designs, manufactures, and markets professional lighting solutions worldwide.

Asian Star Anchor Chain Jiangsu

Market Cap: CN¥8.1b

Engages in the manufacture and sale of anchor chains, marine mooring chains, and related accessories worldwide.

Rheinmetall

Market Cap: €81.2b

Provides mobility and security technologies worldwide.

PSP Projects

Market Cap: ₹25.6b

A construction company, provides construction and related services for industrial, institutional, commercial, residential, hospitality, hospital, and marquee government projects in India.

Fujian Longking

Market Cap: CN¥14.4b

Engages in the manufacture and sale of environmental protection equipment worldwide.

Iljin ElectricLtd

Market Cap: ₩1.4t

Engages in the production of transmission and distribution of power equipment.

Cosel

Market Cap: JP¥43.9b

Manufactures and sells electrical components and EMI filters in Japan and internationally.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$8.1b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

Shin Zu Shing

Market Cap: NT$36.2b

Engages in the research, design, development, production, assembly, testing, manufacturing, and trading of various precision springs, stamping parts, hinge components, CNC lathes, and metal injection molding in Taiwan, Singapore, and China.