Global Capital Goods Undervalued Stocks Based On Cash Flows

Knorr-Bremse

Market Cap: €13.2b

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

JRCLtd

Market Cap: JP¥22.3b

Designs, manufactures, and sells conveyor parts in Japan.

Hensoldt

Market Cap: €10.8b

Provides sensor solutions for defense and security applications worldwide.

Shoals Technologies Group

Market Cap: US$1.2b

Provides electrical balance of system (EBOS) solutions and components in the United States and internationally.

STIF Société anonyme

Market Cap: €366.7m

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

Dätwyler Holding

Market Cap: CHF 2.5b

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.

Array Technologies

Market Cap: US$1.2b

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

REPT BATTERO Energy

Market Cap: HK$29.7b

Engages in the research, design, development, production, and sale of lithium-ion battery products in China and internationally.

I.CO.P.. Società Benefit

Market Cap: €607.0m

Engages in providing construction and special engineering services to public and private clients in Italy and internationally.

Nordex

Market Cap: €4.9b

Develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.

Obrascón Huarte Lain

Market Cap: €609.7m

Engages in the construction and concession businesses in the United States, Canada, Mexico, Chile, Peru, Colombia, Spain, Central and Eastern Europe, Northern Europe, and internationally.

Troax Group

Market Cap: SEK 8.5b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

Granite Construction

Market Cap: US$4.7b

Operates as an infrastructure contractor in the United States.

SBF

Market Cap: €63.1m

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

Binastra Corporation Berhad

Market Cap: RM 2.1b

An investment holding company, engages in general contractor and property developer, building and civil engineering works in turnkey projects in Malaysia.

IDEC

Market Cap: JP¥72.6b

Engages in the development of human machine interfaces, industrial switches, and control devices in Japan and internationally.

Mpac Group

Market Cap: UK£87.2m

Provides packaging and automation solutions to healthcare, clean energy, and food and beverage sectors worldwide.

Kepler Weber

Market Cap: R$1.4b

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

Star Micronics

Market Cap: JP¥81.4b

Produces and sells machine tools and special products in Japan, Europe, the United States, and Asia.

Rosenbauer International

Market Cap: €471.2m

Engages in the provision of systems for preventive firefighting and disaster protection technology worldwide.

Lisi

Market Cap: €2.1b

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

Altea Green Power

Market Cap: €122.2m

Provides renewable energy systems for individuals, companies, institutions and investors in Italy.

Rotork

Market Cap: UK£2.8b

Designs, manufactures, and markets industrial flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical process, and industrial markets.

Semperit Holding

Market Cap: €258.8m

Develops, produces, and sells rubber products for the medical and industrial sectors worldwide.

Duratec

Market Cap: AU$520.0m

Engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets primarily for steel and concrete infrastructure in Australia.

AutoStore Holdings

Market Cap: NOK 31.3b

Provides robotic and software technology in Norway, Germany, Europe, the United States, Asia, and internationally.

Zhuhai CosMX Battery

Market Cap: CN¥24.5b

Manufactures and supplies polymer lithium-ion batteries worldwide.

Lords Group Trading

Market Cap: UK£55.7m

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

Zhejiang Xidamen New MaterialLtd

Market Cap: CN¥2.9b

Engages in the research and development, design, production, and sale of indoor and outdoor light and heat block, anti-dust, anti-UV, and energy saving products in China.

MonotaRO

Market Cap: JP¥1.2t

Operates an online MRO products store for factories in Japan and internationally.

Evergreen Aviation Technologies

Market Cap: NT$63.7b

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

LS ELECTRIC

Market Cap: ₩9.0t

Provides smart energy solutions in South Korea and internationally.

Bloom Energy

Market Cap: US$17.1b

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

IES Holdings

Market Cap: US$7.3b

Designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States.

ISOTeam

Market Cap: S$62.9m

Operates in the building maintenance and estate upgrading industry in Singapore.

Tadano

Market Cap: JP¥135.9b

Manufactures and sells construction and vehicle-mounted cranes, and aerial work platforms in Japan and internationally.