U.K. Undervalued Small Caps

FRP Advisory Group

Market Cap: UK£285.7m

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

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.

Telecom Plus

Market Cap: UK£948.4m

Provides utility services in the United Kingdom.

Foresight Group Holdings

Market Cap: UK£454.5m

Operates as an infrastructure and private equity manager in the United Kingdom, Italy, Luxembourg, Ireland, Spain, and Australia.

Atalaya Mining Copper

Market Cap: UK£1.1b

Engages in the mineral exploration and development in Spain.

Hollywood Bowl Group

Market Cap: UK£427.5m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

On the Beach Group

Market Cap: UK£237.9m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

Ashtead Technology Holdings

Market Cap: UK£373.3m

Provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East.

Yü Group

Market Cap: UK£301.6m

Through its subsidiaries, supplies energy and utility solutions primarily in the United Kingdom.

Savills

Market Cap: UK£1.1b

Engages in the provision of real estate services in the United Kingdom, Continental Europe, the Asia Pacific, North America, Africa, and the Middle East.

Eurocell

Market Cap: UK£99.2m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

Bytes Technology Group

Market Cap: UK£716.2m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Norcros

Market Cap: UK£254.3m

Designs and supplies bathroom and kitchen products in the United Kingdom, Ireland, and South Africa.

Integrated Diagnostics Holdings

Market Cap: US$325.5m

Operates as a consumer healthcare company that provides medical diagnostics services to patients.

Vistry Group

Market Cap: UK£1.1b

Provides housing solutions in the United Kingdom.

Serabi Gold

Market Cap: UK£257.5m

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

Afentra

Market Cap: UK£175.9m

Operates as an upstream oil and gas company primarily in Africa.

Secure Trust Bank

Market Cap: UK£241.2m

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

Rank Group

Market Cap: UK£449.2m

Engages in provision of gaming services in the United Kingdom, Europe, and internationally.

Genuit Group

Market Cap: UK£637.2m

Develops and produces solutions for water, climate, and ventilation management in the construction industry in the United Kingdom, rest of Europe, and internationally.

ASA International Group

Market Cap: UK£212.0m

Operates as a microfinance institution in Asia and Africa.

Sylvania Platinum

Market Cap: UK£256.2m

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

Alumasc Group

Market Cap: UK£88.1m

Manufactures and sells building products and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally.

BRCK Group

Market Cap: UK£154.7m

Distributes specialist products and services to the construction industry in the United Kingdom.It operates through four segments: Bricks and Building Materials; Importing; Distribution; and Contracting.

Elixirr International

Market Cap: UK£359.5m

Through its subsidiaries, provides management consultancy services in the United Kingdom, the United States, and internationally.

Tristel

Market Cap: UK£194.1m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Kainos Group

Market Cap: UK£968.9m

Engages in the provision of digital technology services in the United Kingdom, Ireland, the Americas, Central Europe, and internationally.

SDI Group

Market Cap: UK£78.4m

Designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

Wickes Group

Market Cap: UK£457.8m

Operates as a retailer of home improvement products and services in the United Kingdom.

CAB Payments Holdings

Market Cap: UK£213.2m

Through its subsidiaries, provides business-to-business cross-border payments and foreign exchange (FX) services in the Americas, the United Kingdom, the rest of Europe, Africa, the Middle East, and Asia.

Chemring Group

Market Cap: UK£1.4b

Provides countermeasures, sensors, information, and energy products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.

Focusrite

Market Cap: UK£114.7m

Engages in the development, manufacturing, and marketing of professional audio and electronic music products in North America, Europe, the Middle East, Africa, and internationally.

Beauty Tech Group

Market Cap: UK£328.2m

Operates as an at home beauty technology company in United States, Canada, United Kingdom, the European Union, and Asia.

BTG Consulting

Market Cap: UK£191.1m

Provides business recovery, financial advisory, and property services consultancy services in the United Kingdom.

Craneware

Market Cap: UK£524.2m

Develops, licenses, and supports computer software for the healthcare industry in the United States.

Cerillion

Market Cap: UK£401.8m

Engages in the provision of software for billing, charging, and customer relationship management to the telecommunications sector in the United Kingdom, Europe, the Middle East and Africa, the Americas, and the Asia Pacific.