South Korean Capital Goods Undervalued based on future growth

HD Korea Shipbuilding & Offshore Engineering

Market Cap: ₩30.0t

HD Korea Shipbuilding & Offshore Engineering Co., Ltd.

LG

Market Cap: ₩13.1t

Through its subsidiaries, operates in the electronics, chemicals, and telecommunication and services sectors.

LS

Market Cap: ₩5.9t

Engages in electric power, automation, machinery, materials, and energy businesses in South Korea and internationally.

Doosan Bobcat

Market Cap: ₩5.6t

Designs, manufactures, markets, and distributes compact construction equipment in North America, Europe, the Middle East, Africa, Asia, Latin America, and the Oceania.

GS Holdings

Market Cap: ₩5.4t

Together its subsidiaries, engages in the energy, power generation, retail, service, construction, and infrastructure businesses.

Hyundai Elevator

Market Cap: ₩2.7t

Designs, manufactures, installs, maintains, and modernizes elevators in South Korea and internationally.

CS Wind

Market Cap: ₩1.8t

Manufactures and sells wind towers and offshore wind substructures in Europe, North America, and Asia.

DL E&CLtd

Market Cap: ₩1.7t

A construction company, provides engineering, procurement, and construction solutions in South Korea.

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

GS Engineering & Construction

Market Cap: ₩1.6t

Engages in the civil works and construction, sales of new houses, repairs and maintenance, overseas general construction, and technology consultation activities in South Korea and internationally.

HDC Hyundai Development

Market Cap: ₩1.2t

Operates as a financial real estate company, provides real estate services primarily in South Korea.

LX International

Market Cap: ₩1.1t

Engages in the trading business in Korea and internationally.

Kyung Dong Navien

Market Cap: ₩987.1b

Manufactures and sells machinery and heat combustion equipment in South Korea.

HDC HOLDINGSLtd

Market Cap: ₩890.0b

Engages in real estate development and construction activities in South Korea.

SNT Energy

Market Cap: ₩846.8b

Operates in the machinery industry.

LX Holdings

Market Cap: ₩672.2b

Through its subsidiaries, engages in the energy, palm, living resources, logistics, living space, silicon works, and materials and solutions businesses.

Korea Electric Terminal

Market Cap: ₩638.5b

Manufactures and sells parts for automotive and electronics in South Korea and internationally.

VITZROCELLLtd

Market Cap: ₩597.6b

Engages in the production and sale of lithium batteries in South Korea.

TaewoongLtd

Market Cap: ₩525.2b

Manufactures and sells open-die forgings and ring rolled products in South Korea and internationally.

Hy-Lok

Market Cap: ₩406.6b

Operates in the fluid and control system industry worldwide.

Hyundai

Market Cap: ₩258.2b

Operates as an import and export trading company in the Republic of Korea, the United States, Asia, Europe, and internationally.

Elentec

Market Cap: ₩227.7b

Engages in the manufacture and sale of electronic and communication products in South Korea and internationally.

HL D&I Halla

Market Cap: ₩202.3b

HL D&I Halla Corporation undertakes various construction projects in South Korea and internationally.

AJ NetworksLtd

Market Cap: ₩199.4b

Provides rental services for logistics pallets, IT equipment, and construction equipment in South Korea.

Aluko

Market Cap: ₩194.1b

Manufactures and sells aluminum products in South Korea and internationally.

CS BEARING

Market Cap: ₩177.3b

Engages in the manufacture and sale of bearings in South Korea.

Kolon Global

Market Cap: ₩176.4b

Engages in the construction, trading, and distribution businesses in South Korea and internationally.

GnBS ecoLtd

Market Cap: ₩89.4b

Designs, produces, and sells products for preventing environmental pollution in South Korea.