U.K. Capital Goods Undervalued based on future growth

Vesuvius

Market Cap: UK£916.2m

Provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide.

Morgan Advanced Materials

Market Cap: UK£591.7m

Manufactures and sells various carbon and ceramic products.

Ashtead Technology Holdings

Market Cap: UK£281.4m

Provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East.

Vp

Market Cap: UK£235.5m

Provides equipment rental and related services in the United Kingdom and internationally.

Brickability Group

Market Cap: UK£180.4m

Distributes specialist products and services to the construction industry in the United Kingdom.It operates through four segments: Bricks and Building Materials; Importing; Distribution; and Contracting.

Renold

Market Cap: UK£160.8m

Engages in the manufacture and sale of high precision engineered power transmission products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally.

Eurocell

Market Cap: UK£131.7m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

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.

Van Elle Holdings

Market Cap: UK£43.8m

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

Hercules

Market Cap: UK£30.7m

Engages in general construction and civil engineering businesses in the United Kingdom.

Diales Group

Market Cap: UK£9.9m

Provides various consultancy services to the engineering and construction industries.