Global Retail Undervalued Small Caps

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Auto Partner

Market Cap: zł2.4b

Imports and distributes spare parts for cars, light commercial vehicles, and motorcycles in Poland.

Aramis Group SAS

Market Cap: €475.9m

Engages in the online sale of used vehicles in France, Belgium, the United Kingdom, Austria, Italy, and Spain.

Komehyo HoldingsLtd

Market Cap: JP¥33.1b

Engages in the purchase and sale of used and new products through stores in Japan.

World

Market Cap: JP¥91.6b

Through its subsidiaries, plans, manufactures, retails, sells, and imports/exports apparel and fashion products in Japan and internationally.

J.Jill

Market Cap: US$232.5m

Operates as an omnichannel retailer for women’s apparel in the United States.

Eternal Beauty Holdings

Market Cap: HK$2.8b

An investment holding company, engages in the retail, wholesale, and distribution of perfumes, skincare products, color cosmetics, personal care products, eyewear, and home fragrances in China, including Hong Kong and Macau.

Japan Eyewear Holdings

Market Cap: JP¥49.8b

Through its subsidiaries, engages in the planning, designing, manufacturing, wholesaling, and retailing of eyewear products in Japan.

Zibuyu Group

Market Cap: HK$1.9b

An investment holding company, operates as a cross-border e-commerce company in China.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺37.9b

Operates as an automotive importer and distributor in Turkey.

MotorCycle Holdings

Market Cap: AU$245.0m

Owns and operates motorcycle dealerships in Australia.

iFamilySC

Market Cap: ₩296.4b

iFamilySC Co. Ltd operates as an interactive branding company that connects content and products online and offline in South Korea and internationally.

Treasure FactoryLTD

Market Cap: JP¥38.5b

Engages in the development and operation of reuse stores in Japan.

Alliance Entertainment Holding

Market Cap: US$305.2m

Operates as a wholesaler and e-commerce provider for the entertainment industry worldwide.

Synsam

Market Cap: SEK 8.5b

Operates in the optical retail and eye health sector in the Nordic Region.

Aurora Design

Market Cap: ฿20.5b

Trades gold jewelry in Thailand.

MEB Corporation

Market Cap: ฿5.0b

Engages in distribution and service of e-books in Thailand.

Byggmax Group

Market Cap: SEK 3.3b

Sells building materials and related products for DIY projects in Sweden, Norway, and internationally.

RVRC Holding

Market Cap: SEK 5.8b

Engages in the e-commerce outdoor clothing business in Germany, Sweden, and internationally.

Matas

Market Cap: DKK 4.8b

Operates a chain of retail stores that offer beauty, personal care, health and wellbeing, and household products in Denmark.

CHUNGDAMGLOBAL

Market Cap: ₩161.0b

Chungdamglobal Co., Ltd. distributes cosmetics in China, the United States, Europe, and Southeast Asia.

Zinzino

Market Cap: SEK 4.4b

A direct sales company, provides dietary supplements and skincare products in Sweden and internationally.

Rusta

Market Cap: SEK 9.6b

Engages in the retail of products in home decoration, consumables, seasonal products, leisure, and Do It Yourself (DIY) categories in Sweden, Norway, Finland, and Germany.

B&S Group

Market Cap: €498.3m

Distributes consumer goods worldwide.

Senco Gold

Market Cap: ₹51.6b

Engages in the manufacture and trading of jewelry and articles made of gold, silver, platinum, and other precious and semi-precious stones in India.

Hallenstein Glasson Holdings

Market Cap: NZ$569.6m

Operates as a retailer of men’s and women’s clothing in New Zealand and Australia.