Australian Capital Goods Potentially Undervalued Small Caps

Alfabs Australia

Market Cap: AU$78.9m

Engages in the mining equipment and engineering business in Australia.

Coventry Group

Market Cap: AU$41.7m

Distributes industrial products and services in Australia and New Zealand.

MaxiPARTS

Market Cap: AU$84.5m

Distributes and sells commercial truck and trailer parts, and automotive tools and workshop consumables in Australia.

Verbrec

Market Cap: AU$47.5m

Primarily provides engineering, asset management, training, mining technology software, and operations and maintenance services to mining, energy, defense, and infrastructure industries in Australia, New Zealand, Papua New Guinea, and the Pacific Islands.

Zicom Group

Market Cap: AU$23.7m

Manufactures and sells marine deck machinery, fluid regulating and metering stations, transit concrete mixers, foundation and geotechnical equipment, and precision engineered and automation equipment.

BSA

Market Cap: AU$23.3m

Provides communications and utilities infrastructure, and property solutions in Australia.

Environmental Group

Market Cap: AU$45.7m

Engages in the design, application, and servicing of gas, vapor and dust emission control systems, and inlet and exhaust systems for gas turbines in Australia and internationally.

VEEM

Market Cap: AU$69.0m

Engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia.

LaserBond

Market Cap: AU$61.7m

A surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components in Australia.