Global Undervalued Small Caps

Iochpe-Maxion

Market Cap: R$2.0b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱109.0b

Converge Information and Communications Technology Solutions, Inc.

Security Bank

Market Cap: ₱53.0b

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

Firan Technology Group

Market Cap: CA$291.8m

Manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, and China.

Foxsemicon Integrated Technology

Market Cap: NT$30.3b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Austriacard Holdings

Market Cap: €204.7m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

KH Neochem

Market Cap: JP¥98.1b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Plumas Bancorp

Market Cap: US$303.7m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Jinzai Food GroupLtd

Market Cap: CN¥5.8b

Engages in the research, development, production, and sale of snack foods in China.

ProCredit Holding

Market Cap: €597.8m

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

Business First Bancshares

Market Cap: US$752.5m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

CLIO CosmeticsLtd

Market Cap: ₩251.8b

Provides makeup products in South Korea and internationally.

Hu Lane Associate

Market Cap: NT$16.4b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Assetwise

Market Cap: ฿5.6b

Engages in property development and other real estate activities in Thailand.

AEON Credit Service (M) Berhad

Market Cap: RM 2.6b

Provides consumer financial services in Malaysia.

Byrna Technologies

Market Cap: US$458.6m

A less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.

Nagarro

Market Cap: €682.4m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

Krsnaa Diagnostics

Market Cap: ₹26.2b

Provides diagnostic services in India.

City Cement

Market Cap: ر.س2.3b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Murapol

Market Cap: zł1.6b

Engages in residential real estate development in Poland.

AdaptHealth

Market Cap: US$1.3b

Distributes home medical equipment (HME), medical supplies, and home and related services in the United States.

Vp

Market Cap: UK£235.5m

Provides equipment rental and related services in the United Kingdom and internationally.

Truecaller

Market Cap: SEK 16.0b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Yamaichi ElectronicsLtd

Market Cap: JP¥57.9b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

Dentium

Market Cap: ₩499.3b

Manufactures and sells dental medical instrument worldwide.

Bird Construction

Market Cap: CA$1.3b

Provides construction services in Canada.

Australian Clinical Labs

Market Cap: AU$487.8m

Provides pathology diagnostic services in Australia.

Lindsay Australia

Market Cap: AU$267.4m

Provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia.

KginicisLtd

Market Cap: ₩272.0b

Operates as a electronic payment company in Korea.

Materials Analysis Technology

Market Cap: NT$12.3b

Engages in the research and development, and intellectual property services in Taiwan, Mainland China, Japan, the United States, and internationally.

SISB

Market Cap: ฿13.3b

Provides educational services in Thailand.

Edita Food Industries Company (S.A.E)

Market Cap: ج.م12.4b

Engages in the production of snack food products in Egypt.

M1 Kliniken

Market Cap: €259.4m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Opera

Market Cap: US$1.4b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

Cosmo Pharmaceuticals

Market Cap: CHF 924.5m

Focuses on the development and commercialization products for gastroenterology, dermatology, and healthtech worldwide.

CPH Group

Market Cap: CHF 417.2m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.