Global Undervalued Small Caps

ProCredit Holding

Market Cap: €464.1m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Calfrac Well Services

Market Cap: CA$543.3m

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

LiveRamp Holdings

Market Cap: US$1.9b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Viva Wine Group

Market Cap: SEK 2.9b

Develops, markets, imports, and sells wines.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

FRP Advisory Group

Market Cap: UK£285.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

SaizeriyaLtd

Market Cap: JP¥248.1b

Operates restaurants in Japan, Australia, Indonesia and Asia.

Zevra Therapeutics

Market Cap: US$595.3m

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

Security Bank

Market Cap: ₱47.6b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Grupa Pracuj

Market Cap: zł3.1b

Operates HR technology platform in Poland, Ukraine, and Germany.

Trisul

Market Cap: R$1.1b

Engages in the construction and development of real estate properties in Brazil.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.5b

Develops and builds residential and non-residential properties primarily in Brazil.

Aurelia Metals

Market Cap: AU$499.6m

Engages in the exploration and production of mineral properties in Australia.

Bank BTPN Syariah

Market Cap: Rp7.5t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Palfinger

Market Cap: €1.3b

Provides hydraulic lifting solutions in Austria and internationally.

AddLife

Market Cap: SEK 17.4b

Provides instruments and equipment, consumables, and reagents primarily to medical care, research, colleges, and universities, as well as the food and pharmaceutical industries.

Voxel

Market Cap: zł1.0b

Provides medical services in Poland.

Gibraltar Industries

Market Cap: US$1.2b

Manufactures and provides products and services for the residential, agtech, and infrastructure markets in the United States and internationally.

Flotek Industries

Market Cap: US$609.8m

Operates as a chemical and data analytics company in the United States, the United Arab Emirates, and internationally.

Martinrea International

Market Cap: CA$711.1m

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.

Aviat Networks

Market Cap: US$298.3m

Provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific.

Equasens Société anonyme

Market Cap: €560.7m

Provides healthcare IT solutions in Europe.

MotoMotion China

Market Cap: CN¥13.6b

Engages in the research, design, development, production, sale, and service of smart electric sofas and beds, chairs, and their accessories in China and internationally.

Grupo SBF

Market Cap: R$2.4b

Engages in the sale of sporting goods and leisure products in Brazil.

Village Farms International

Market Cap: US$328.0m

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

Energy Recovery

Market Cap: US$583.2m

Designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe.

McBride

Market Cap: UK£274.6m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Cirrus Aircraft

Market Cap: HK$14.2b

Manufactures and sells piston aircraft and single-engine turbine jets worldwide.

Binastra Corporation Berhad

Market Cap: RM 2.1b

An investment holding company, engages in general contractor and property developer, building and civil engineering works in turnkey projects in Malaysia.

Telecom Plus

Market Cap: UK£948.4m

Provides utility services in the United Kingdom.

Consun Pharmaceutical Group

Market Cap: HK$13.6b

Researches and develops, manufactures, and sells Chinese medicines and medical contrast medium products in the People’s Republic of China.

United Electronics

Market Cap: ر.س5.9b

Engages in the wholesale and retail trade of electric appliances, electronic gadgets, computers and their spare parts and accessories, furniture, and office equipment and tools in the Kingdom of Saudi Arabia and internationally.

Hugel

Market Cap: ₩2.8t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

KginicisLtd

Market Cap: ₩305.6b

Provides electronic payment services in Korea, Asia, and internationally.

TAT Technologies

Market Cap: US$475.1m

Provides solutions and services to the commercial and military aerospace and ground defense industries in the United States, Israel, and internationally.