Global Automobiles Undervalued over 20% based on DCF

General Motors

Market Cap: US$77.2b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Hyundai Motor

Market Cap: ₩95.7t

Manufactures and distributes motor vehicles and parts.

Honda Motor

Market Cap: JP¥6.8t

Engages in the development, manufacturing, and distribution of motorcycles, automobiles, and power products in Japan, North America, Europe, Asia, and internationally.

Sumitomo Electric Industries

Market Cap: JP¥6.8t

Manufactures and sells various materials in Japan and internationally.

Bridgestone

Market Cap: JP¥5.1t

Manufactures and sells tires and rubber products in Japan, China, India, the Asia Pacific, the United States, the Americas, Europe, the Middle East, and Africa.

Hyundai MobisLtd

Market Cap: ₩44.2t

Engages in the auto parts business in Korea, China, the United States, Europe, and internationally.

DENSO

Market Cap: JP¥4.9t

Engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally.

Fuyao Glass Industry Group

Market Cap: CN¥143.6b

Provides safety glass solutions and automotive accessories for various transportation vehicles in China and internationally.

Magna International

Market Cap: CA$26.7b

Operates as an automotive supplier in North America, Europe, the Asia Pacific, and internationally.

Continental

Market Cap: €13.8b

Manufactures tire and develops and produces solutions for automotive manufacturers, industrial, and end customers worldwide.

BorgWarner

Market Cap: US$13.8b

Provides technology solutions for combustion, hybrid, and electric vehicles worldwide.

Isuzu Motors

Market Cap: JP¥1.5t

Manufactures and sells trucks and buses, light trucks, and powertrains worldwide.

Autoliv

Market Cap: US$9.2b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in the Americas, Europe, China, and Asia.

Renault

Market Cap: €7.8b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Schaeffler

Market Cap: €7.2b

Develops, manufactures, and sells components and systems for industrial applications in Europe, the Americas, China, and the Asia Pacific.

Shenzhen Kedali Industry

Market Cap: CN¥52.6b

Engages in the research, development, manufacture, and sale of precision battery structural components and automotive structural components parts in China and internationally.

Mobileye Global

Market Cap: US$7.7b

Develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions in the United States, Europe, China, and internationally.

Huizhou Desay SV Automotive

Market Cap: CN¥51.6b

Engages in the research, development, production, and sale of automotive electronic products in China and internationally.

Yokohama Rubber Company

Market Cap: JP¥1.2t

Engages in the tire business in Japan, the United States, India, China, the Philippines, Europe and internationally.

Volvo Car AB (publ.)

Market Cap: SEK 58.1b

Designs, develops, manufactures, markets, and sells cars in Sweden and internationally.

Suzhou Inovance Automotive

Market Cap: CN¥39.9b

Manufactures and sells electronic and mechanical components of ePowertrain in China.

Gentex

Market Cap: US$5.0b

Designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, fire protection technologies, audio products, medical devices, and consumer electronics.

Mazda Motor

Market Cap: JP¥761.7b

Engages in the manufacture and sales of passenger cars and commercial vehicles in Japan, North America, Europe, and internationally.

Linamar

Market Cap: CA$6.4b

Manufactures and sells engineered products in Canada, Europe, the Asia Pacific, and rest of North America.

Zhejiang Shuanghuan DrivelineLtd

Market Cap: CN¥30.7b

Engages in the design, research and development, and manufacturing of mechanical transmission gears and related parts in China and internationally.

NHK Spring

Market Cap: JP¥704.8b

Manufactures and sells automotive parts in Japan, rest of Asia, America, Europe, and internationally.

Anhui Zhongding Sealing Parts

Market Cap: CN¥29.5b

Engages in the research, development, production, and sale of hydraulic and pneumatic seals and automotive non-tire rubber products in China and internationally.

Loncin Motor

Market Cap: CN¥28.5b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Valeo

Market Cap: €3.4b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

Toyoda Gosei

Market Cap: JP¥625.8b

Manufactures and sells plastic and rubber automotive parts and other products in Japan, the Americas, Europe, Africa, China, Asia, and India.

Sumitomo Rubber Industries

Market Cap: JP¥603.8b

Provides tires, sports, and industrial and other products in Japan and internationally.

CIE Automotive

Market Cap: €3.1b

Manufactures and sells automotive parts and components in North America, Brazil, Asia, CIE Forging Europe, and rest of Europe.

Cheng Shin Rubber Ind

Market Cap: NT$102.3b

Together with subsidiaries, engages in the processing, manufacturing and trading of rickshaw tires, motor vehicle tires, recycled rubber, various tape resins, and other rubber products.

Nifco

Market Cap: JP¥472.0b

Manufactures and sells industrial plastic parts and components in Japan, Asia, North America, China, South Korea, the United States, Europe, and internationally.

Visteon

Market Cap: US$2.8b

An automotive technology company, engages in the design, manufacture, and sale of automotive electronics and connected car solutions for vehicle manufacturers.

Stanley Electric

Market Cap: JP¥442.3b

Engages in the manufacture, sale, and import/export of automotive and other light bulbs in Japan and internationally.