Global Inefficient Market Opportunities

SNT Energy

Market Cap: ₩712.4b

Operates in the machinery industry.

Olympic Steel

Market Cap: US$491.2m

Processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico.

Plano & Plano Desenvolvimento Imobiliário

Market Cap: R$2.7b

Through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region.

Tharisa

Market Cap: R7.9b

An investment holding company, engages in the mining, processing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, and internationally.

Zevra Therapeutics

Market Cap: US$469.5m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺20.1b

Engages in the production and sale of iron and steel products in Turkey and internationally.

GBank Financial Holdings

Market Cap: US$467.4m

Operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada.

HD Renewable Energy

Market Cap: NT$14.1b

Engages in the development of solar power generation systems, engineering construction, and maintenances in Taiwan.

SIGA Technologies

Market Cap: US$449.0m

A commercial-stage pharmaceutical company, focuses on the health security market in the United States.

Next 15 Group

Market Cap: UK£325.5m

Next 15 Group plc, together with its subsidiaries, customer insight, customer delivery, customer engagement, and business transformation services in the United Kingdom, Africa, the United States, Europe, Middle East, and Africa.

Pangaea Logistics Solutions

Market Cap: US$434.0m

Provides seaborne dry bulk logistics and transportation services to industrial customers worldwide.

Salmones Camanchaca

Market Cap: CL$361.7b

Engages in the salmon farming business in Chile.

J&V Energy Technology

Market Cap: NT$12.5b

Engages in the development, investment, maintenance, and management of renewable energy plants in Taiwan.

SAMPYO Cement

Market Cap: ₩569.0b

Engages in the manufacture and distribution of cement in South Korea.

PayPoint

Market Cap: UK£287.2m

Engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom.

OrbusNeich Medical Group Holdings

Market Cap: HK$3.0b

An investment holding company, engages in the manufacture, trading, sale, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases.

China Beststudy Education Group

Market Cap: HK$2.9b

Provides after-school education services for K-12 student groups in China.

Desktop

Market Cap: R$2.0b

Provides fixed telephony, broadband internet, and pay television services in Brazil.

Moura Dubeux Engenharia

Market Cap: R$1.9b

Provides real estate development services in Brazil.

USANA Health Sciences

Market Cap: US$355.4m

Develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe.

Auna

Market Cap: US$352.3m

A healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia.

STI

Market Cap: ₩490.7b

Operates in the semiconductor equipment industry in Korea.

Boyaa Interactive International

Market Cap: HK$2.6b

An investment holding company, develops and operates online card and board games in the People’s Republic of China and Hong Kong.

Secure Trust Bank

Market Cap: UK£240.6m

Provides banking and financial products and services in the United Kingdom.

Raya Holding Company for Financial Investments (S.A.E)

Market Cap: ج.م15.4b

Operates in information technology, data center outsourcing, contact center, smart buildings, consumer electronics, food and beverage, land transport, E-payments, and non-banking financial services fields in Egypt and internationally.

Serabi Gold

Market Cap: UK£239.3m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Concord New Energy Group

Market Cap: HK$2.5b

An investment holding company, engages in the generation of power in the People’s Republic of China and internationally.

JSL

Market Cap: R$1.7b

Provides logistics services in Brazil.

Calfrac Well Services

Market Cap: CA$410.4m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Armac Locação Logística e Serviços

Market Cap: R$1.6b

Engages in leasing machines, equipment, and services in Brazil.

Anton Oilfield Services Group

Market Cap: HK$2.1b

An investment holding company, operates as an integrated oilfield technology services company in the People’s Republic of China, Iraq, and internationally.

Angler Gaming

Market Cap: €226.5m

Invests in companies that offer gaming services through the internet in Malta.

Darfon Electronics

Market Cap: NT$8.3b

Manufactures and markets IT peripherals, passive components, and green energy solutions.

Sisram Medical

Market Cap: HK$2.0b

Engages in the research, design, development, manufacture, sale, and marketing of medical aesthetics and dental equipment, home use devices, injectables, and cosmeceuticals products in the Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa.

Resimac Group

Market Cap: AU$379.5m

Provides residential mortgage and asset finance lending products in Australia and New Zealand.

Thryv Holdings

Market Cap: US$247.1m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.