Global Automobiles Undervalued over 20% based on DCF

General Motors

Market Cap: US$69.4b

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

Bayerische Motoren Werke

Market Cap: €50.0b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Sumitomo Electric Industries

Market Cap: JP¥8.3t

Manufactures and sells various materials in Japan and internationally.

Geely Automobile Holdings

Market Cap: HK$269.8b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

DENSO

Market Cap: JP¥5.2t

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

Bridgestone

Market Cap: JP¥4.3t

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.

Chery Automobile

Market Cap: HK$187.6b

Designs, develops, manufactures, and sells passenger vehicles, and automotive parts and components in the People's Republic of China and internationally.

Fuyao Glass Industry Group

Market Cap: CN¥147.7b

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

Magna International

Market Cap: CA$21.9b

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

Continental

Market Cap: €13.0b

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

BorgWarner

Market Cap: US$11.3b

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

Niterra

Market Cap: JP¥1.6t

Manufactures and sells spark plugs and related products for internal-combustion engines and technical ceramics in Japan and internationally.

Isuzu Motors

Market Cap: JP¥1.6t

Manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide.

Renault

Market Cap: €8.4b

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.

HUAYU Automotive Systems

Market Cap: CN¥64.5b

Researches and develops, manufactures, and sells automotive parts worldwide.

Autoliv

Market Cap: US$8.3b

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

Lear

Market Cap: US$6.3b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Minth Group

Market Cap: HK$45.5b

An investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and moulds of passenger cars.

Yadea Group Holdings

Market Cap: HK$38.2b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

Gentex

Market Cap: US$4.8b

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

Loncin Motor

Market Cap: CN¥31.6b

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

Mazda Motor

Market Cap: JP¥665.2b

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

THOR Industries

Market Cap: US$4.2b

Designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Germany, rest of Europe, Canada, and internationally.

Patrick Industries

Market Cap: US$4.0b

Manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada.

CIE Automotive

Market Cap: €3.4b

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

GS Yuasa

Market Cap: JP¥635.1b

Manufactures and sells batteries, power supplies, lighting equipment, and other battery and electrical equipment in Japan, Asia, North America, Europe, and internationally.

Dana

Market Cap: US$3.9b

Provides power-conveyance and energy-management solutions for on-highway vehicles in North America, Europe, South America, and the Asia Pacific.

Beiqi Foton MotorLtd

Market Cap: CN¥26.4b

Engages in the manufacture and sale of commercial vehicles worldwide.

Toyo Tire

Market Cap: JP¥611.5b

Manufactures and sells tires in Japan, North America, and internationally.

Zhejiang Taotao Vehicles

Market Cap: CN¥25.1b

Engages in the research and development, production, and sale of motorcycles, electric vehicles, and ATVs in China and internationally.

Garrett Motion

Market Cap: US$3.6b

Designs, manufactures, and sells engineered turbocharging and high-speed electric motor technologies for original equipment manufacturers, distributors, and industrial fields in the United States, Europe, Asia, and internationally.

Hesai Group

Market Cap: US$3.4b

Through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally.

NHK Spring

Market Cap: JP¥520.1b

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

Cheng Shin Rubber Ind

Market Cap: NT$102.6b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

LCI Industries

Market Cap: US$3.1b

Manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally.

Apollo Tyres

Market Cap: ₹278.3b

Manufactures and sells automotive tires, tubes, and flaps in India and internationally.