Global Inefficient Market Opportunities

Propel Holdings

Market Cap: CA$696.7m

Operates as a financial technology company.

Inghams Group

Market Cap: AU$698.8m

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

Grupo SBF

Market Cap: R$2.5b

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

Heidelberger Druckmaschinen

Market Cap: €405.4m

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.

Calfrac Well Services

Market Cap: CA$641.2m

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

YSB

Market Cap: HK$3.6b

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

Inspur Digital Enterprise Technology

Market Cap: HK$3.6b

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.

Pangaea Logistics Solutions

Market Cap: US$442.2m

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

Heliopolis for Housing & Development

Market Cap: ج.م23.0b

Engages in the real estate development business in Egypt.

Caledonia Mining

Market Cap: US$430.1m

Primarily operates a gold mine in Jersey.

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

Market Cap: ج.م22.1b

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.

Tharisa

Market Cap: R7.2b

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$2.0b

Provides education services in Brazil.

SIGA Technologies

Market Cap: US$379.7m

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

Sunac Services Holdings

Market Cap: HK$2.9b

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

GBank Financial Holdings

Market Cap: US$372.6m

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

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.

Northern Arc Capital

Market Cap: ₹34.3b

Operates as a non-banking financial company in India.

J. Kumar Infraprojects

Market Cap: ₹33.8b

Engages in the construction business in India.

JSL

Market Cap: R$1.9b

Provides logistics services in Brazil.

Fauji Cement

Market Cap: PK₨98.5b

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

Fiverr International

Market Cap: US$350.9m

Operates an online marketplace worldwide.

Haverty Furniture Companies

Market Cap: US$347.7m

Operates as a specialty retailer of residential furniture and accessories in the United States.

Ontex Group

Market Cap: €296.8m

Develops, produces, and sells baby, feminine, and adult care products in Belgium, the United Kingdom, Italy, the United States, France, Poland, and internationally.

AGI Greenpac

Market Cap: ₹31.8b

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

Meeka Metals

Market Cap: AU$486.1m

Engages in the exploration and development of gold properties in Western Australia.

Fenbi

Market Cap: HK$2.6b

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

Lippo Karawaci

Market Cap: Rp5.5t

Engages in real estate development, healthcare and lifestyle businesses in Indonesia.

Aeris Resources

Market Cap: AU$472.9m

Explores, produces, and sells precious metals in Australia.

H.G. Infra Engineering

Market Cap: ₹30.1b

Engages in the engineering, procurement, and construction (EPC) business in India.

Regina Miracle International (Holdings)

Market Cap: HK$2.5b

An investment holding company, designs, manufactures, and trades in a range of intimate wear and sports products.

AutoCanada

Market Cap: CA$438.0m

Through its subsidiaries, operates franchised automobile dealerships and related business.

USANA Health Sciences

Market Cap: US$312.3m

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

Loadstar Capital K.K

Market Cap: JP¥50.0b

Engages in the real estate investment business in Japan.

Sylvania Platinum

Market Cap: UK£233.4m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Village Farms International

Market Cap: US$308.5m

Produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America.