U.S. Capital Goods Potentially Undervalued Small Caps

Orion Energy Systems

Market Cap: US$40.5m

Researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany.

Greenland Technologies Holding

Market Cap: US$16.8m

Designs, develops, manufactures, and sells components and products for material handling industries in the United States and internationally.

Xos

Market Cap: US$28.2m

Designs, manufactures, and sells battery-electric commercial vehicles.

flooidCX

Market Cap: US$17.5k

Operates as the licensee for harvested and thermal electrical energy collection and transmission (EET), photon lighting systems, photonic and photovoltaic energy harvesting, and thermal waste to energy conversion.

Dewey Electronics

Market Cap: US$2.5m

Designs, develops, and manufactures military electronics.

JE Cleantech Holdings

Market Cap: US$6.8m

An investment holding company, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally.

Multi Ways Holdings

Market Cap: US$6.6m

Engages in the sale and rental of heavy construction equipment in Singapore, Canada, Australia, and internationally.

Readen Holding

Market Cap: US$5.9m

Through its subsidiaries, operates in the telecommunications, on line music and video, and recycling industries in the Netherlands and internationally.

Ten-League International Holdings

Market Cap: US$12.1m

Through its subsidiaries, engages in the sale and rental of new and used heavy equipment and parts in Singapore and internationally.