Global Capital Goods Undervalued Stocks Based On Cash Flows

Soosan Industries

Market Cap: ₩277.7b

Provides power plant construction and maintenance services in South Korea.

Kaori Heat Treatment

Market Cap: NT$19.2b

Engages in the research, development, manufacture, and sale of heat exchanger solutions in Taiwan, rest of Asia, the United States, Europe, and internationally.

Sany Heavy Equipment International Holdings

Market Cap: HK$18.4b

Manufactures and sells mining and logistics equipment, robotic and smart mine products, petroleum and new energy manufacturing equipment, and spare parts.

Soltec Power Holdings

Market Cap: €145.3m

Engages in the development of solutions for photovoltaic energy projects in Spain, Italy, Brazil, the United States, Mexico, Argentina, Chile, Colombia, Peru, Panama, Australia, China, India, Thailand, France, Denmark, Egypt, Israel, Portugal, the United Arab Emirates, Romania, and Kenya.

Exosens

Market Cap: €1.8b

Engages in the development, manufacture, and sale of electro-optical technologies in the fields of amplification, and detection and imaging in France, rest of Europe, North America, Asia, Oceania, Africa, and internationally.

XCMG Construction Machinery

Market Cap: CN¥106.4b

Engages in the manufacture and sale of construction machinery in China.

SFC Energy

Market Cap: €398.5m

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

Seafco

Market Cap: ฿1.6b

Engages in the construction of foundation and general public works in Thailand and internationally.

Amaero

Market Cap: AU$175.8m

Manufactures and sells powder metals and specialty powders.

Solarvest Holdings Berhad

Market Cap: RM 1.3b

An investment holding company, provides engineering, procurement, construction, and commissioning solutions for solar photovoltaic systems to residential, commercial, and industrial properties in Malaysia, the Philippines, Taiwan, Vietnam, Singapore, Indonesia, and Thailand.

Grupo Rotoplas. de

Market Cap: Mex$5.5b

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

Lisi

Market Cap: €1.2b

Provides assembly and component solutions for the aerospace, automotive, and medical sectors in France and internationally.

RADA Electronic Industries

Market Cap: US$490.9m

RADA Electronic Industries Ltd., a defense technology company, develops, manufactures, markets, and sells defense electronics to various air forces and companies worldwide.

Avingtrans

Market Cap: UK£111.1m

Provides engineered components, systems, and services to the energy, medical, and infrastructure industries in the United Kingdom, rest of Europe, the United States of America, Africa, the Middle East, the Americas, the Carribean, China, and the Asia Pacific.

Componenta

Market Cap: €39.8m

Provides cast iron components in Finland.

REV Group

Market Cap: US$1.7b

Designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in North America and internationally.

Xometry

Market Cap: US$1.3b

Operates an artificial intelligence (AI) powered online manufacturing marketplace in the United States and internationally.

Sejin Heavy Industries

Market Cap: ₩499.1b

Manufactures and sells shipbuilding equipment in South Korea.

SolaX Power Network Technology (Zhejiang)

Market Cap: CN¥7.3b

SolaX Power Network Technology (Zhejiang) Co., Ltd.

AeroVironment

Market Cap: US$4.2b

Designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally.

BHI

Market Cap: ₩674.5b

Engages in the development, manufacture, and supply of power plant equipment worldwide.

Arteche Lantegi Elkartea

Market Cap: €458.7m

Engages in the design, manufacture, integration, and supply of electrical equipment and solutions focusing on renewable energies and smart grids in Spain and internationally.

MilDef Group

Market Cap: SEK 12.1b

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

Array Technologies

Market Cap: US$765.6m

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

Symbotic

Market Cap: US$12.9b

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

NSE

Market Cap: €136.5m

Designs, builds, and sells integrated systems for defense, aeronautics, transport and industry, and consumer, professional, and retail industries in France and internationally.

Shanghai Liangxin ElectricalLTD

Market Cap: CN¥9.0b

Research, develops, produces, and sells low-voltage electrical apparatus in China and internationally.

Mangata Holding

Market Cap: zł472.7m

Operates as an industrial holding company in Poland and internationally.

Hensoldt

Market Cap: €7.5b

HENSOLDT AG, together with its subsidiaries, engages in the provision of defense and sensor solutions for defense and security applications worldwide.

Singapore Technologies Engineering

Market Cap: S$22.6b

Operates as a technology, defence, and engineering company worldwide.

Howmet Aerospace

Market Cap: US$54.9b

Provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally.

Scott Technology

Market Cap: NZ$148.0m

Engages in the design, manufacture, sale, and servicing of automated and robotic production lines and processes for various industries in New Zealand and internationally.

Knorr-Bremse

Market Cap: €13.6b

Develops, produces, and markets brake systems for rail and commercial vehicles and other safety-critical systems worldwide.

Sterling and Wilson Renewable Energy

Market Cap: ₹72.5b

Engages in the provision of engineering, procurement, and construction (EPC) services to solar power projects.

Shenzhen Megmeet Electrical

Market Cap: CN¥25.8b

Engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China.

Thales

Market Cap: €48.0b

Provides various solutions in the defence and security, aerospace and space, and digital identity and security markets worldwide.