Global Capital Goods Undervalued Stocks Based On Cash Flows

Alimak Group

Market Cap: SEK 13.3b

Designs, manufactures, sells, and services vertical access and working at height solutions worldwide.

Sansha Electric ManufacturingLtd

Market Cap: JP¥15.6b

Manufactures and sells semiconductor devices and power supply equipment in Japan and internationally.

Symal Group

Market Cap: AU$667.2m

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

HD-Hyundai Marine Engine

Market Cap: ₩1.7t

Manufactures and sells marine engines, industrial facilities, and plants in South Korea and internationally.

Hanwha Engine

Market Cap: ₩3.7t

Manufactures and sells diesel engines worldwide.

SK oceanplantLtd

Market Cap: ₩814.1b

Engages in manufacturing of steel and stainless steel pipe, hull block, and shipbuilding equipment in South Korea.

DEUTZ

Market Cap: €1.6b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

KKB Engineering Berhad

Market Cap: RM 308.9m

Engages in the steel fabrication, civil construction, hot dip galvanizing, and LP gas cylinders manufacturing businesses in Malaysia.

Metlen Energy & Metals

Market Cap: €7.0b

Operates as an industrial and energy company focusing on the metals and energy sectors worldwide.

KAP

Market Cap: R6.7b

Engages in industrial, chemical, and logistics businesses in South Africa, rest of Africa, the Americas, Europe, the Middle East, and Australasia.

Invinity Energy Systems

Market Cap: UK£135.9m

Manufactures and sells vanadium flow batteries and related hardware for energy storage markets in Asia, Australia, Europe, and North America.

Symbotic

Market Cap: US$25.3b

An automation technology company, develops technologies to enhance operating efficiencies in modern warehouses.

Eurocell

Market Cap: UK£115.4m

Engages in manufacturing, distribution, and recycling of building products in the United Kingdom and the Republic of Ireland.

Beijing HyperStrong Technology

Market Cap: CN¥36.9b

Engages in the design, development, integration, and operation of energy storage power stations in China ad internationally.

2G Energy

Market Cap: €1.0b

Manufactures and provides decentralized energy supply systems in Germany and internationally.

Absolent Air Care Group

Market Cap: SEK 2.3b

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

Hana Technology

Market Cap: ₩104.5b

Engages in manufacturing and sales of secondary battery automation equipment in South Korea.

MT Højgaard Holding

Market Cap: DKK 2.2b

Engages in the provision of construction, civil engineering, and infrastructure services for private and public customers in Denmark and internationally.

NFI Group

Market Cap: CA$2.7b

Manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific.

MilDef Group

Market Cap: SEK 9.6b

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

Hensoldt

Market Cap: €10.3b

Provides sensor solutions for defense and security applications worldwide.

AKVA group

Market Cap: NOK 5.0b

Designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry.

3S Industry Group

Market Cap: CN¥7.9b

Provides wind energy, construction, and safety protection equipment in China and internationally.

LapWall Oyj

Market Cap: €64.1m

Designs, manufactures and sells wood-structured elements in Finland.

Boeing

Market Cap: US$169.3b

Designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.

Cambi

Market Cap: NOK 3.5b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

Bloom Energy

Market Cap: US$59.3b

Designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.

Vincorion

Market Cap: €1.1b

Develops and manufactures power and mechatronic solutions for defense platforms and aviation systems in Germany and internationally.

Grupo Rotoplas. de

Market Cap: Mex$6.6b

Manufactures, purchases, sells, and installs plastic containers and accessories for storage, conduction, and improvement solutions in Mexico, Argentina, the United States, and internationally.

Exel Composites Oyj

Market Cap: €92.7m

Manufactures and sells pultruded composite profiles and tubes in Europe, North America, the Asia-Pacific, and internationally.

Billington Holdings

Market Cap: UK£52.1m

Through its subsidiaries, provides structural steel and construction safety solutions in the United Kingdom.

Multiconsult

Market Cap: NOK 4.0b

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally.

Chengdu M&S Electronics TechnologyLtd

Market Cap: CN¥4.0b

Chengdu M&S Electronics Technology Co.,Ltd.

Array Technologies

Market Cap: US$722.3m

Engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally.

Swarmer

Market Cap: US$492.9m

Develops autonomous drone swarm software and artificial intelligence solutions in the United States.

Idun Industrier

Market Cap: SEK 3.6b

An investment holding company, invests in and develops industrial and service businesses in Sweden, rest of Nordic countries, rest of Europe, and internationally.