Global Automobiles Potentially Undervalued Small Caps

hGears

Market Cap: €8.3m

Develops, manufactures, distributes, and supplies precision components and subsystems, and system solutions in European Union, the United States, China, and internationally.

Estrima

Market Cap: €3.1m

Designs, builds, and markets electric vehicles under the Birò brand name in Italy and internationally.

Cofle

Market Cap: €13.0m

Engages in the design, production, sale, and marketing of control cables and control systems worldwide.

Kanemitsu

Market Cap: JP¥6.6b

Engages in the development, manufacture, and sale of pulleys for automobiles, and agricultural machinery in Japan.

UCAL

Market Cap: ₹2.6b

Engages in the manufacturers of fuel management systems for the automotive sector in India.

Omax Autos

Market Cap: ₹5.0b

Manufactures and sells automotive components in India.

Sakurai

Market Cap: JP¥1.6b

Manufactures and sells machine tools.

Fine Sinter

Market Cap: JP¥4.3b

Manufactures and sells automobile parts, railway vehicle parts, and hydraulic units worldwide.

Pyung Hwa Holdings

Market Cap: ₩54.1b

Operates in the rubber industry in South Korea.

Everbrite Technology

Market Cap: NT$1.6b

Engages in the manufacture, sale, installation, after-sale service, and agency of automotive air conditioners, electromechanical systems, and electronic components in Taiwan, Japan, and internationally.

Chelyabinsk Forge-and-Press Plant

Market Cap: ₽3.2b

Chelyabinsk Forge-and-Press Plant, Public Joint Stock Company operates as a forging company in Russia and internationally.

Goodyear (Thailand)

Market Cap: ฿1.4b

Manufactures, distributes, and sells motor vehicle and aero tires in Thailand and internationally.

Tgi Infrastructures

Market Cap: ₪172.2m

Together with its subsidiary, produces, processes, assembles, and markets mechanical assemblies made of magnesium for the automotive industry in Israel.

Hanjoo Light Metal

Market Cap: ₩25.8b

Manufactures and sells automobile parts.

Raval ACS

Market Cap: ₪125.5m

Designs, develops, manufactures, and sells plastic component systems and assemblies intended for installation in various vehicle systems in Israel, China, the United States, Canada, Germany, Luxembourg, Spain, rest of Europe, and internationally.

Hands

Market Cap: ₩26.0b

Manufactures and sells aluminum wheels for automobiles in South Korea.

Goodyear Indonesia

Market Cap: Rp451.0b

Manufactures, imports, exports, distributes, wholesale tires for vehicles, motorbikes, airplanes and other related components.

Delta Autocorp

Market Cap: ₹504.6m

Manufactures and sells two-wheeler and three-wheeler electric vehicles under the Deltic brand in India.

Ingress Industrial (Thailand)

Market Cap: ฿144.7m

An investment holding company, manufactures and distributes automotive components in Thailand, Malaysia, Indonesia, and India.

Krypton Industries

Market Cap: ₹550.0m

Manufactures and sells polyurethane (PU) tyres in India.

Daytona

Market Cap: JP¥9.2b

Engages in market research, planning, development, testing, procurement, and logistics management of motorcycle parts and accessories.

Yuasa Battery (Thailand)

Market Cap: ฿1.6b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

Thai Auto Tools and Die

Market Cap: ฿396.0m

Engages in the design, manufacture, and distribution of automotive parts in Thailand.

Remsons Industries

Market Cap: ₹2.8b

Manufactures and sells automotive components parts and related products in India and internationally.

SY Dong-ALtd

Market Cap: ₩63.7b

Engages in the production and sale of automotive rubber parts in Korea and internationally.

CT Automotive Group

Market Cap: UK£33.9m

Designs, develops, manufactures, and sells automotive interior components and kinematic assemblies for automotive brands in the United Kingdom and internationally.

SJM HoldingsLtd

Market Cap: ₩47.5b

Through its subsidiaries, provides flexible tube for automobile exhaust pipes in South Korea, Europe, the Americas, China, Southeast Asia, Africa, and Australia.

Austem

Market Cap: ₩27.8b

Manufactures and sells automotive parts in South Korea and internationally.

SJM

Market Cap: ₩52.5b

Manufactures and sells automobile and industrial products in Korea and internationally.

Xinchen China Power Holdings

Market Cap: HK$302.6m

Through its subsidiaries, engages in the development, manufacture, and sale of automotive engines primarily in the People’s Republic of China.

TBK

Market Cap: JP¥10.5b

Develops, produces, and sells brakes, oil pumps, and engine water pumps in Japan.

Sangsin Brake

Market Cap: ₩41.2b

Manufactures and sells brake friction materials in South Korea, China, India, the United States, Mexico, and Brazil.

Agriauto Industries

Market Cap: PK₨5.6b

Engages in the manufacturing and sale of components for automotive vehicles, motorcycles, and agricultural tractors in Pakistan.

DataDot Technology

Market Cap: AU$3.7m

Engages in the manufacture and distribution of asset identification, management, protection, and authentication solutions in Australia, Europe, Asia, and internationally.

Menon Pistons

Market Cap: ₹3.8b

Manufactures and sells auto components in India.

HDC Hyundai Engineering Plastics

Market Cap: ₩92.5b

HDC Hyundai Engineering Plastics Co., Ltd.