Australian Capital Goods Potentially Undervalued Small Caps

Environmental Group

Market Cap: AU$35.0m

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.

MaxiPARTS

Market Cap: AU$80.6m

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

Alfabs Australia

Market Cap: AU$78.9m

Engages in the mining equipment and engineering business in Australia.

BSA

Market Cap: AU$25.6m

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

Zicom Group

Market Cap: AU$25.9m

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

Air Change International

Market Cap: AU$5.0m

Engages in the design, manufacture, and sale of heating, cooling, and ventilation equipment for industrial, commercial, and institutional buildings and processes in Australia.

LaserBond

Market Cap: AU$64.6m

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.

Verbrec

Market Cap: AU$61.2m

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.