Global Inefficient Market Opportunities

CorMedix

Market Cap: US$494.1m

A biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States.

Heidelberger Druckmaschinen

Market Cap: €425.5m

Manufactures, sells, and deals in printing presses and other print media industry products in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Inspur Digital Enterprise Technology

Market Cap: HK$3.8b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Inghams Group

Market Cap: AU$678.3m

Engages in the production and sale of chicken and turkey products under the Ingham’s brand primarily in Australia and New Zealand.

Zhejiang Natural Outdoor Goods

Market Cap: CN¥3.2b

Engages in the research, design, development, production, and sale of outdoor sports products in China and internationally.

Martinrea International

Market Cap: CA$625.6m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally.

Huitongda Network

Market Cap: HK$3.6b

An industrial internet company, provides digital technologies and supply chain capabilities in China.

Bairong

Market Cap: HK$3.5b

An investment holding company, operates as an artificial intelligence (AI) technology services company in China.

Grupo SBF

Market Cap: R$2.4b

Grupo SBF S.A. retails and wholesales sports and leisure products in Brazil.

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

Market Cap: ج.م23.0b

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.

Pangaea Logistics Solutions

Market Cap: US$441.2m

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

Heliopolis for Housing & Development

Market Cap: ج.م22.7b

Engages in the real estate development business in Egypt.

BOE Varitronix

Market Cap: HK$3.4b

An investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, Korea, Japan, and internationally.

Calfrac Well Services

Market Cap: CA$593.2m

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

Sunac Services Holdings

Market Cap: HK$3.4b

An investment holding company, provides property development, cultural tourism city construction and operation, and property management services in the People’s Republic of China.

VersaBank

Market Cap: CA$591.4m

Provides various banking products and services in Canada and the United States.

Jinhong Fashion GroupLtd

Market Cap: CN¥3.0b

Engages in the design, development, manufacturing, and sale of apparels and accessories for women, men, and children in China.

Caledonia Mining

Market Cap: US$414.1m

Primarily operates a gold mine in Jersey.

Northern Arc Capital

Market Cap: ₹37.8b

Operates as a non-banking financial company in India.

Tharisa

Market Cap: R6.8b

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.

Cruzeiro do Sul Educacional

Market Cap: R$2.1b

Provides education services in Brazil.

YSB

Market Cap: HK$3.1b

Develops digital pharmaceutical platform for pharmaceutical companies, distributors, vendors, pharmacies, and primary healthcare institutions in China.

Jana Small Finance Bank

Market Cap: ₹36.8b

Provides banking and financial services to individuals and enterprises in India.

PetroVietnam Transportation

Market Cap: ₫10.2t

Engages in maritime transportation services to the oil and gas industry in Vietnam and internationally.

HANDSOME

Market Cap: ₩575.6b

Manufactures and sells women’s apparel in Korea, China, and Europe.

China Aircraft Leasing Group Holdings

Market Cap: HK$2.9b

An investment holding company, provides aircraft leasing services to airline companies in Mainland China and internationally.

Fiverr International

Market Cap: US$368.5m

Operates an online marketplace worldwide.

GBank Financial Holdings

Market Cap: US$363.7m

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

Aeris Resources

Market Cap: AU$514.8m

Explores, produces, and sells precious metals in Australia.

Yuexiu Services Group

Market Cap: HK$2.8b

An investment holding company, provides property management services in Mainland China and Hong Kong.

SIGA Technologies

Market Cap: US$353.9m

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

Camil Alimentos

Market Cap: R$1.9b

Engages in processing, production, packaging, and marketing of food products.

Fenbi

Market Cap: HK$2.7b

An investment holding company, provides non-formal vocational education and training services in the People’s Republic of China.

GA technologies

Market Cap: JP¥54.9b

Operates a real estate brokerage platform.

AGI Greenpac

Market Cap: ₹32.2b

Operates as a packaging products company in India and the United Arab Emirates.

Fauji Cement

Market Cap: PK₨95.6b

Engages in the manufacturing and selling of various types of cement in Pakistan.