U.S. Capital Goods Undervalued based on future growth

Greenbrier Companies

Market Cap: US$1.5b

Designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America.

Gibraltar Industries

Market Cap: US$1.3b

Manufactures and provides products and services for the residential, agtech, and infrastructure markets in the United States and internationally.

Park-Ohio Holdings

Market Cap: US$498.4m

Provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally.

Bowman Consulting Group

Market Cap: US$488.8m

Provides engineering, technical consulting, and program management services in the United States.

Luxfer Holdings

Market Cap: US$455.6m

Develops and manufactures high-performance materials, components, and high-pressure gas containment devices.

AerSale

Market Cap: US$284.5m

Provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, government and defense contractors, and maintenance, repair, and overhaul service providers worldwide.

EVI Industries

Market Cap: US$206.3m

Through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment.

Perma-Pipe International Holdings

Market Cap: US$203.8m

Designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally.

ZJK Industrial

Market Cap: US$122.2m

Through its subsidiaries, manufactures and sells precision fasteners, structural parts, and other precision metal parts products in the People’s Republic of China, Taiwan, Singapore, the United States, and internationally.