Global Tech Undervalued Small Caps

Firan Technology Group

Market Cap: CA$281.7m

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

Aviat Networks

Market Cap: US$264.5m

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

Argosy Research

Market Cap: NT$14.8b

Manufactures and sells of electronic components and connectors in Asia, the United States, and internationally.

Austriacard Holdings

Market Cap: €202.0m

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.

SKP Resources Bhd

Market Cap: RM 1.0b

Provides electronics manufacturing services (EMS) in Malaysia.

NOTE

Market Cap: SEK 5.2b

Provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Bulgaria, Estonia, China, and internationally.

Harmonic

Market Cap: US$1.1b

Provides broadband access solutions worldwide.

Hunan Sundy Science and Technology

Market Cap: CN¥3.9b

Supplies coal analysis solutions in the People’s Republic of China and internationally.

Xi'an NovaStar Tech

Market Cap: CN¥13.9b

Designs and develops light-emitting diode (LED) display control solutions in China and internationally.

Jenoptik

Market Cap: €1.1b

Provides advanced photonic solutions and smart mobility solutions in Germany and internationally.

Richardson Electronics

Market Cap: US$154.5m

Provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America.

Zyxel Group

Market Cap: NT$14.5b

Offers networking solutions for telco, SME, and digital home in the United States, France, and internationally.

Anhui Ronds Science & Technology

Market Cap: CN¥3.6b

Provides solutions for machinery condition monitoring in the predictive maintenance field in China.

Detection Technology Oyj

Market Cap: €156.8m

Engages in the provision of X-ray detector solutions for industrial, medical, and security applications in Finland and internationally.

OPTEX GROUP Company

Market Cap: JP¥88.5b

Engages in planning, development, and sale of sensors in Japan, the United States, Europe, and Asia.

Jiangsu Tongxingbao Intelligent Transportation Technology

Market Cap: CN¥8.2b

Provides smart transportation platform solutions for highways, trunk roads, and urban transportation in China.

SuzukiLtd

Market Cap: JP¥33.5b

Manufactures and sells connectors for car electronics parts in Japan.

Hibino

Market Cap: JP¥26.7b

Designs, sells, installs, and maintains audio equipment in Japan and internationally.

Shenzhen Newway Photomask Making

Market Cap: CN¥9.5b

A lithography company, engages in the design, development, and production of mask products in China.

Forth Corporation

Market Cap: ฿6.2b

Engages in the manufacture and distribution of electronic equipment in Thailand, Netherlands, United States of America, and internationally.

SAXA

Market Cap: JP¥30.0b

Through its subsidiaries, develops, manufactures, and sells equipment and components for information and communication systems in Japan.

Tokyo Electron Device

Market Cap: JP¥96.4b

A technology trading company, engages in the electronic components and computer networks businesses worldwide.

Suzhou Hengmingda Electronic Technology

Market Cap: CN¥11.0b

Suzhou Hengmingda Electronic Technology Co., Ltd.

A&D HOLON Holdings Company

Market Cap: JP¥49.0b

Provides measurement technologies and products.

Meiko Electronics

Market Cap: JP¥296.4b

Engages in the design, manufacture, and sale of printed circuit boards (PCBs) and auxiliary electronics in Japan, China, Vietnam, the rest of Asia, North America, Europe, and internationally.

Hanza

Market Cap: SEK 5.7b

Provides contract manufacturing solutions in Sweden, Finland, Estonia, Germany, Poland, the Czech Republic, rest of the European Union, Norway, rest of Europe, North America, and internationally.

VSTECS Holdings

Market Cap: HK$12.2b

An investment holding company, develops information technology IT product channel and provides technical solution integration services in North Asia and Southeast Asia.

SeSa

Market Cap: €1.3b

Distributes value-added information technology (IT) software and technologies in Italy and internationally.

ASROCK Incorporation

Market Cap: NT$30.7b

Designs, develops, and sells motherboards in Asia, Europe, America, and internationally.

Suzhou Sushi Testing GroupLtd

Market Cap: CN¥8.0b

Provides environmental and reliability test verification and analysis services and solutions.

Hioki E.E

Market Cap: JP¥82.6b

Engages in the development, manufacture, and sale of electrical measuring instruments in Japan, China, other Asia, the United States of America, Europe, and internationally.

Takebishi

Market Cap: JP¥34.1b

Operates as a technological trading company primarily in Japan.

Nanjing Bestway Intelligent Control Technology

Market Cap: CN¥4.3b

Nanjing Bestway Intelligent Control Technology Co., Ltd.

Plover Bay Technologies

Market Cap: HK$6.5b

An investment holding company, designs, develops, and markets software defined wide area network routers.

Beijing ConST Instruments Technology

Market Cap: CN¥4.4b

Researches, develops, manufactures, and sells digital testing instruments and equipment in China.

Kitron

Market Cap: NOK 13.4b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.