French Capital Goods Undervalued based on future growth

Manitou BF

Market Cap: €738.6m

Engages in the development, manufacture, and distribution of equipment and services in France, Southern Europe, Northern Europe, the Americas, Asia, the Pacific, Africa, and the Middle East.

Mersen

Market Cap: €589.2m

Manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.

Jacquet Metals

Market Cap: €405.9m

Engages in the storage and distribution of special metals in Germany, France, Italy, North America, Spain, the Netherlands, rest of Europe, and internationally.

EXEL Industries

Market Cap: €261.1m

Engages in the manufacture and sale of agricultural spraying equipment in France, the United Kingdom, the Netherlands, Denmark, Germany, Romania, the United States, Australia, and internationally.