U.S. Capital Goods Undervalued Stocks Based On Cash Flows

Limbach Holdings

Market Cap: US$1.5b

Operates as a building systems solution company in the United States.

Energy Recovery

Market Cap: US$775.1m

Designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe.

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.

Cadre Holdings

Market Cap: US$1.3b

Manufactures and distributes safety equipment and other related products that provides protection to users in hazardous or life-threatening situations in the United States and internationally.

Byrna Technologies

Market Cap: US$460.4m

A less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.

Griffon

Market Cap: US$3.6b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

Comfort Systems USA

Market Cap: US$25.0b

Provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States.

FreightCar America

Market Cap: US$165.1m

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.

Shoals Technologies Group

Market Cap: US$1.1b

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

Granite Construction

Market Cap: US$4.8b

Operates as an infrastructure contractor in the United States.

Array Technologies

Market Cap: US$1.4b

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

IES Holdings

Market Cap: US$7.1b

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

Vertiv Holdings Co

Market Cap: US$49.4b

Designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.