Industrials companies by risk reading
Industrials companies by risk reading: 1,536 companies ranked by a composite risk reading built from filed statements -- leverage, cash conversion, operating pressure, customer and supplier concentration and competitive position. Recomputed 1 September 2026.
Composite readings for 8,308 companies, recomputed 1 September 2026. A company appears here once at least three weighted categories cleared their inputs; the rest carry per-mechanism readings without a headline.
| Company | Reading | Band | Sector | Country | Coverage | Market cap |
|---|---|---|---|---|---|---|
| Lichen China Ltd - Class A LICN | 73 | Stretched | Industrials | China | 4 / 6 | $20M |
| Tonner Drones S.A. 1DD | 72 | Stretched | Industrials | France | 4 / 6 | $20M |
| CATENON SA INH. EO-02 8Y9 | 27 | Normal | Industrials | Spain | 5 / 6 | $20M |
| Scage Future SCAG | 65 | Stretched | Industrials | China | 5 / 6 | $20M |
| Spar Group Inc SGRP | 83 | Acute | Industrials | United States | 5 / 6 | $20M |
| Simpple Ltd SPPL | 78 | Stretched | Industrials | Singapore | 5 / 6 | $20M |
| LiqTech International Inc LIQT | 80 | Acute | Industrials | Denmark | 4 / 6 | $19M |
| Caravelle International Group HTCO | 57 | Elevated | Industrials | Singapore | 5 / 6 | $19M |
| Vantage Corp - Class A VNTG | 74 | Stretched | Industrials | Singapore | 5 / 6 | $19M |
| System1 Inc - Class A SST | 87 | Acute | Industrials | United States | 3 / 6 | $19M |
| WindowMaster International AS WMA | 41 | Elevated | Industrials | Denmark | 5 / 6 | $19M |
| Signaux Girod ALGIR | 40 | Elevated | Industrials | France | 5 / 6 | $19M |
| SOLWERS OYJ EO 1 0ST | 50 | Elevated | Industrials | Finland | 4 / 6 | $19M |
| Robot S.A. RBT | 24 | Normal | Industrials | Spain | 5 / 6 | $19M |
| Primech Holdings Ltd PMEC | 59 | Elevated | Industrials | Singapore | 5 / 6 | $18M |
| Hang Feng Technology Innovation Co Ltd FOFO | 62 | Stretched | Industrials | Hong Kong | 4 / 6 | $18M |
| Ming Shing Group Holdings Ltd MSW | 66 | Stretched | Industrials | Hong Kong | 4 / 6 | $18M |
| E-Power Inc - Class A EPOW | 70 | Stretched | Industrials | China | 5 / 6 | $18M |
| Uni Fuels Holdings Ltd - Class A UFG | 48 | Elevated | Industrials | Singapore | 5 / 6 | $18M |
| Solwers Oyj SOLWERS | 49 | Elevated | Industrials | Finland | 4 / 6 | $18M |
| Arcure SA ALCUR | 76 | Stretched | Industrials | France | 5 / 6 | $18M |
| Lakeside Holding Ltd LSH | 71 | Stretched | Industrials | United States | 4 / 6 | $18M |
| WindowMaster International WMA.CO | 41 | Elevated | Industrials | Denmark | 5 / 6 | $18M |
| EDGELAB ELB.MI | 83 | Acute | Industrials | Italy | 5 / 6 | $18M |
| Mobotix AG MBQ | 54 | Elevated | Industrials | Germany | 5 / 6 | $17M |
| Netel Holding AB NETEL | 44 | Elevated | Industrials | Sweden | 4 / 6 | $17M |
| NUSCO NUS.MI | 53 | Elevated | Industrials | Italy | 5 / 6 | $17M |
| SODITECH ALSEC | 19 | Contained | Industrials | France | 4 / 6 | $17M |
| Ten League International Holdings Ltd TLIH | 38 | Normal | Industrials | Singapore | 4 / 6 | $17M |
| MARZOCCHI POMPE MARP.MI | 53 | Elevated | Industrials | Italy | 5 / 6 | $17M |
| Xeros Technology Group Plc XSG | 45 | Elevated | Industrials | United Kingdom | 5 / 6 | $17M |
| SODITECH ING ALSEC.PA | 19 | Contained | Industrials | France | 4 / 6 | $17M |
| KAP AG IUR | 89 | Acute | Industrials | Germany | 5 / 6 | $17M |
| Premium Catering (Holdings) Ltd PC | 88 | Acute | Industrials | Singapore | 4 / 6 | $17M |
| PowerHouse Energy Group plc BT81 | 44 | Elevated | Industrials | United Kingdom | 5 / 6 | $17M |
| Close the Loop Ltd CLG | 58 | Elevated | Industrials | Australia | 4 / 6 | $17M |
| MYCELX Technologies Corporation MYX | 37 | Normal | Industrials | United States | 5 / 6 | $16M |
| OneConstruction Group Ltd ONEG | 79 | Stretched | Industrials | Hong Kong | 5 / 6 | $16M |
| DSW Capital PLC DSW | 28 | Normal | Industrials | United Kingdom | 5 / 6 | $16M |
| Kesla Oyj A KELAS | 71 | Stretched | Industrials | Finland | 5 / 6 | $16M |
| Orege Société Anonyme OREGE | 84 | Acute | Industrials | France | 5 / 6 | $16M |
| RTC Group plc RTC | 32 | Normal | Industrials | United Kingdom | 5 / 6 | $16M |
| Orbital Corporation Limited OREA | 93 | Acute | Industrials | Australia | 4 / 6 | $16M |
| Metro Performance Glass Ltd MPP | 64 | Stretched | Industrials | New Zealand | 4 / 6 | $16M |
| Mg Internation ALMGI | 45 | Elevated | Industrials | France | 5 / 6 | $16M |
| Tingsvalvet Fastighets AB (publ) ALIBR | 71 | Stretched | Industrials | France | 5 / 6 | $15M |
| XEROS TECHNO.GRP LS-001 2X40 | 47 | Elevated | Industrials | United Kingdom | 5 / 6 | $15M |
| Universal Security Instruments Inc UUU | 78 | Stretched | Industrials | United States | 4 / 6 | $15M |
| ESI ESIGM.MI | 43 | Elevated | Industrials | Italy | 5 / 6 | $15M |
| Boa Concept SA ALBOA | 75 | Stretched | Industrials | France | 5 / 6 | $15M |
| Perrot Duval Holding SA PEDU | 67 | Stretched | Industrials | Switzerland | 5 / 6 | $15M |
| EQTEC plc KEU | 96 | Acute | Industrials | Ireland | 5 / 6 | $15M |
| Dragonfly Energy Holdings Corp DFLI | 63 | Stretched | Industrials | United States | 5 / 6 | $15M |
| Founder Group Ltd FGL | 54 | Elevated | Industrials | Malaysia | 5 / 6 | $14M |
| Art`s-way Manufacturing Co. Inc ARTW | 57 | Elevated | Industrials | United States | 5 / 6 | $14M |
| ELL ENVIRON.HLDGS HD-0001 6EL | 32 | Normal | Industrials | China | 5 / 6 | $14M |
| TRAWELL CO TWL.MI | 28 | Normal | Industrials | Italy | 5 / 6 | $14M |
| Elite Express Holding Inc - Class A ETS | 62 | Stretched | Industrials | United States | 4 / 6 | $14M |
| FUJI SEIKI CO. 12K | 37 | Normal | Industrials | Japan | 5 / 6 | $14M |
| Erria A/S ERRIA | 37 | Normal | Industrials | Denmark | 5 / 6 | $14M |
| EcoUp Oyj ECOUP | 68 | Stretched | Industrials | Finland | 5 / 6 | $14M |
| React Group PLC REAT | 36 | Normal | Industrials | United Kingdom | 5 / 6 | $14M |
| Armlogi Holding Corp BTOC | 65 | Stretched | Industrials | United States | 5 / 6 | $13M |
| Croma Security Solutions Group Plc CSSG | 26 | Normal | Industrials | United Kingdom | 5 / 6 | $13M |
| Primega Group Holdings Ltd ZDAI | 87 | Acute | Industrials | Hong Kong | 4 / 6 | $13M |
| Finaxo Environnement Societe Anonyme MLFXO | 30 | Normal | Industrials | France | 3 / 6 | $13M |
| Air Industries Group AIRI | 60 | Stretched | Industrials | United States | 5 / 6 | $13M |
| Clean Energy Technologies Inc CETY | 88 | Acute | Industrials | United States | 4 / 6 | $13M |
| NEWMARK SECURITY LS-005 NN10 | 32 | Normal | Industrials | United Kingdom | 5 / 6 | $13M |
| REACT Group PLC D1I | 34 | Normal | Industrials | United Kingdom | 5 / 6 | $13M |
| ROTH MIONS MLROT | 91 | Acute | Industrials | France | 3 / 6 | $13M |
| i2S SA ALI2S | 33 | Normal | Industrials | France | 5 / 6 | $13M |
| Nexus Infrastructure plc NEXS | 51 | Elevated | Industrials | United Kingdom | 5 / 6 | $13M |
| Bactiquant AS BACTIQ | 69 | Stretched | Industrials | Denmark | 4 / 6 | $13M |
| Titon Holdings Plc TON | 38 | Normal | Industrials | United Kingdom | 5 / 6 | $13M |
| Flux Power Holdings Inc FLUX | 77 | Stretched | Industrials | United States | 5 / 6 | $12M |
| Euro Tech Holdings Co. Ltd CLWT | 53 | Elevated | Industrials | Hong Kong | 4 / 6 | $12M |
| Doppler S.A. DOPPLER | 45 | Elevated | Industrials | Greece | 5 / 6 | $12M |
| Callan Jmb Inc CJMB | 83 | Acute | Industrials | United States | 5 / 6 | $12M |
| Stockwik Forvaltning AB STWK | 34 | Normal | Industrials | Sweden | 3 / 6 | $12M |
| OPT OPTS.MI | 21 | Normal | Industrials | Italy | 5 / 6 | $12M |
| Asturiana de Laminados S.A. ELZ | 63 | Stretched | Industrials | Spain | 5 / 6 | $12M |
| Guardforce AI Co Ltd GFAI | 49 | Elevated | Industrials | Singapore | 5 / 6 | $12M |
| Ceres Power Holdings PLC CWR | 55 | Elevated | Industrials | United Kingdom | 5 / 6 | $12M |
| TRADELAB TRAI.MI | 41 | Elevated | Industrials | Italy | 3 / 6 | $12M |
| Concorde International Group Ltd - Class A CIGL | 64 | Stretched | Industrials | Singapore | 5 / 6 | $12M |
| ESS Tech Inc GWH | 51 | Elevated | Industrials | United States | 5 / 6 | $12M |
| SKK Holdings Ltd SKK | 74 | Stretched | Industrials | Singapore | 5 / 6 | $11M |
| E-GLOBE EGB.MI | 59 | Elevated | Industrials | Italy | 5 / 6 | $11M |
| Grolleau SAS ALGRO | 35 | Normal | Industrials | France | 5 / 6 | $11M |
| ECOUP OYJ EO 1 62H | 68 | Stretched | Industrials | Finland | 5 / 6 | $11M |
| WISE GROUP AB SK-20 5CL | 52 | Elevated | Industrials | Sweden | 4 / 6 | $11M |
| SG COMPANY S.P.A. 7KZ | 36 | Normal | Industrials | Italy | 5 / 6 | $11M |
| Antelope Enterprise Holdings Ltd - Class A AEHL | 51 | Elevated | Industrials | China | 5 / 6 | $11M |
| Bawat Water Technologies AB BAWAT | 55 | Elevated | Industrials | Denmark | 5 / 6 | $11M |
| SSH GROUP LTD JRSA | 51 | Elevated | Industrials | Australia | 4 / 6 | $11M |
| OFA Group OFAL | 93 | Acute | Industrials | United States | 4 / 6 | $11M |
| Orcoda Ltd ODA | 74 | Stretched | Industrials | Australia | 4 / 6 | $10M |
| Avalon Holdings Corp - Class A AWX | 45 | Elevated | Industrials | United States | 5 / 6 | $10M |
| WF Holding Ltd WFF | 65 | Stretched | Industrials | Malaysia | 5 / 6 | $10M |
By sector
How the reading is built
Each company is scored on six mechanisms -- market expectation, operating pressure, cash conversion, leverage, concentration and competitive position -- from its own filed statements. A mechanism whose inputs do not clear its coverage floor is left unread rather than scored zero, and a reading built on thin coverage is pulled toward a neutral prior rather than claiming safety from what nobody looked at.
Descriptive, not advisory. These bands describe measured mechanisms; they are not investment advice, not a forecast, and not a statement about whether a share is worth owning.