Global Capital Goods Undervalued Stocks Based On Cash Flows

Rheinmetall

Market Cap: €88.1b

Provides mobility and security technologies in Germany; the rest of Europe; North, Middle, and South America; Asian regions, and internationally.

ATON Green Storage

Market Cap: €15.5m

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

Exel Composites Oyj

Market Cap: €40.3m

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.

NRW Holdings

Market Cap: AU$2.0b

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

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.

West Holdings

Market Cap: JP¥70.7b

Engages in the renewable energy business in Japan and internationally.

Ever Glory United Holdings

Market Cap: S$248.0m

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

Sitowise Group Oyj

Market Cap: €88.9m

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

Norconsult

Market Cap: NOK 15.2b

Provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally.

Robit Oyj

Market Cap: €26.1m

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

Figeac Aero Société Anonyme

Market Cap: €469.4m

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

Mincon Group

Market Cap: UK£89.2m

Engages in designing, manufacturing, selling, and servicing of rock drilling tools and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa.

Nan Juen International

Market Cap: NT$14.7b

Engages in the research, development, manufacturing, and trading of steel ball guide rails in the United States, Asia, Europe, Africa, and internationally.

Matsuya R&DLtd

Market Cap: JP¥16.6b

Develops, manufactures, and sells stitching systems for automobile safety devices in Japan.

Recticel

Market Cap: €508.4m

An insulation company, provides thermal and thermo-acoustic solutions in Belgium, France, the Netherlands, Germany, Slovenia, other European Union countries, the United Kingdom, the United States, and internationally.

Van Elle Holdings

Market Cap: UK£42.2m

Operates as a geotechnical and ground engineering contractor in the United Kingdom.

Siemens Energy

Market Cap: €75.2b

Operates as an energy technology company worldwide.

STEICO

Market Cap: €338.7m

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.

Elentec

Market Cap: ₩190.1b

Engages in the manufacture and sale of electronic and communication products in South Korea and internationally.

MilDef Group

Market Cap: SEK 8.8b

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

Kinik

Market Cap: NT$47.8b

Produces and sells various abrasives, cutting tools, and reclaimed wafers in Taiwan and internationally.

Scana

Market Cap: NOK 793.5m

Provides technology and services for the offshore and energy industries in Norway, other European countries, the United States, Asia, and Africa.

AVIC Shenyang Aircraft

Market Cap: CN¥166.3b

Engages in the manufacture and sale of aviation products in China.

LION E-Mobility

Market Cap: €15.2m

Through its subsidiaries, engages in the development, production, and distribution of battery modules and packs, and battery management systems in Switzerland.

Hangzhou Zhongtai Cryogenic Technology

Market Cap: CN¥7.7b

Develops, designs, manufactures, and sells cryogenic equipment in China.

Guangdong Lyric Robot AutomationLtd

Market Cap: CN¥12.1b

Guangdong Lyric Robot Automation Co.,Ltd.

Nippon Thompson

Market Cap: JP¥46.4b

Develops, manufactures, and sells needle roller bearings, linear motion rolling guides, precision positioning tables, and machine components under the IKO brand in Japan, North America, Europe, China, Singapore, Malaysia, and India.

Morimatsu International Holdings

Market Cap: HK$12.3b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Magellan Aerospace

Market Cap: CA$942.2m

Through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

Fagerhult Group

Market Cap: SEK 7.5b

Designs, manufactures, and markets professional lighting solutions worldwide.

GEM

Market Cap: CN¥38.0b

Operates in the waste resource comprehensive utilization industry in China and internationally.

Astroscale Holdings

Market Cap: JP¥90.5b

Provides on-orbit service solutions.

Chongqing Mas Sci.&Tech.Co.Ltd

Market Cap: CN¥4.1b

Engages in the research, development, design, production, marketing, operation, and maintenance of technologies and equipment in the field of the Internet of Things and security in China.

ILPRA

Market Cap: €66.2m

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

SinterCast

Market Cap: SEK 781.7m

Provides process control technology to produce compacted graphite iron (CGI) for the foundry and automotive industries in Brazil, Mexico, Sweden, the United States of America, Korea, China, Spain, Japan, the United Kingdom, and internationally.

Iljin ElectricLtd

Market Cap: ₩1.7t

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