Global Undervalued Small Caps

Cheerwin Group

Market Cap: HK$3.5b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

China Railway Tielong Container Logistics

Market Cap: CN¥7.6b

China Railway Tielong Container Logistics Co., Ltd.

Fiem Industries

Market Cap: ₹50.7b

Manufactures and supplies automotive lighting and signaling equipment, rear view mirrors, prismatic mirror, plastic moulded parts, bank angle sensor, canister, and sheet metal components for motorized vehicles in India and internationally.

Zhongyan Technology

Market Cap: CN¥4.8b

Operates in geotechnical engineering, environmental restoration, and other services in China.

CREEK & RIVER

Market Cap: JP¥31.9b

Provides rights management, production, and agency services in Japan and internationally.

Meiko Electronics

Market Cap: JP¥171.2b

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.

MEB Corporation

Market Cap: ฿5.6b

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

SKP Resources Bhd

Market Cap: RM 1.6b

An investment holding company, manufactures and sells electrical and electronic plastic products primarily in Malaysia.

Streamax Technology

Market Cap: CN¥8.3b

Researches and develops, manufactures, and sells artificial intelligence (AI) powered mobile safety and industrial management solutions for commercial vehicles in China and internationally.

Wuxi NCE PowerLtd

Market Cap: CN¥12.9b

Engages in the research and development, design, and sale of semiconductor power devices and chips in China.

Xueda (Xiamen) Education Technology Group

Market Cap: CN¥6.0b

Xueda (Xiamen) Education Technology Group Co., Ltd.

Shofu

Market Cap: JP¥71.1b

Manufactures and sells dental materials and equipment worldwide.

One United Properties

Market Cap: RON 2.4b

Develops and sells real estate properties in Romania.

Savills

Market Cap: UK£1.3b

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

Orion Group Holdings

Market Cap: US$339.4m

Operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin.

M&C Saatchi

Market Cap: UK£233.9m

Provides advertising and marketing communications services in the United Kingdom, Europe, the Middle East, the Asia Pacific, and the Americas.

Propel Holdings

Market Cap: CA$1.4b

Operates as a financial technology company.

Aurora Cannabis

Market Cap: CA$344.7m

Engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally.

Gooch & Housego

Market Cap: UK£170.3m

Engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally.

Multitude

Market Cap: €161.4m

Provides digital lending and online banking services in Finland.

Oponeo.pl

Market Cap: zł1.0b

Engages in the online retail of tires and wheels for motor vehicles in Poland and internationally.

C-Rad

Market Cap: SEK 1.2b

Develops, manufactures, and sells products and systems with applications in radiotherapy for the treatment of cancer in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Alligo

Market Cap: SEK 5.6b

Offers workwear, personal protection equipment, tools, and consumables in Sweden, Norway, and Finland.

Altea Green Power

Market Cap: €139.1m

Provides renewable energy systems for individuals, companies, institutions and investors in Italy.

I.CO.P.. Società Benefit

Market Cap: €405.7m

Engages in providing construction and special engineering services to public and private clients in Italy and internationally.

Savaria

Market Cap: CA$1.4b

Provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally.

Business First Bancshares

Market Cap: US$764.6m

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

Senior

Market Cap: UK£760.9m

Designs, manufactures, and sells high-technology components and systems for the original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in North America, the United Kingdom, South Africa, India, China, and internationally.

Direcional Engenharia

Market Cap: R$6.9b

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

Beijing Kawin Technology Share-Holding

Market Cap: CN¥4.6b

A biopharmaceutical company, provides treatment solutions for viral and immune diseases in China.

UMS Integration

Market Cap: S$973.4m

An investment holding company, manufactures and markets precision machining components, and provides electromechanical assembly and final testing services.

Daiseki Eco. Solution

Market Cap: JP¥19.0b

Provides soil contamination solutions in Japan.

Southern Cross Electrical Engineering

Market Cap: AU$457.4m

Provides electrical, instrumentation, communications, security, and maintenance services and products to resources, commercial, and infrastructure sectors in Australia.

CHEMTRONICS.Co.Ltd

Market Cap: ₩322.7b

Engages in the manufacture and sale of electronic parts and chemicals in South Korea and internationally.

Spinneys 1961 Holding

Market Cap: د.إ5.3b

Through its subsidiaries, operates supermarkets under the Spinneys, Waitrose, and Al Fair brands in the United Arab Emirates, the Sultanate of Oman, the Kingdom of Saudi Arabia, and internationally.

Leejam Sports

Market Cap: ر.س7.3b

Operates sports and fitness centers in the Kingdom of Saudi Arabia and the United Arab Emirates.