Global Undervalued Small Caps

Hochschild Mining

Market Cap: UK£1.4b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.

Troax Group

Market Cap: SEK 8.7b

Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally.

American Public Education

Market Cap: US$552.7m

Provides online and campus-based postsecondary education and career learning in the United States.

Essex Bio-Technology

Market Cap: HK$3.0b

An investment holding company, develops, manufactures, and sells biologic drugs in China, Hong Kong, and internationally.

LITALICO

Market Cap: JP¥43.3b

Operates school for learning and preschool in Japan.

S.P. Apparels

Market Cap: ₹20.3b

Engages in manufacturing and exporting of knitted garments for infants and children in India and internationally.

Khang Dien House Trading and Investment

Market Cap: ₫32.3t

Engages in real estate development in Vietnam.

Yurtec

Market Cap: JP¥160.4b

Operates as a facility engineering company in Japan and internationally.

Hygeia Healthcare Holdings

Market Cap: HK$9.6b

Offers oncology healthcare services in the People's Republic of China.

M&A Capital PartnersLtd

Market Cap: JP¥90.4b

Engages in the mergers and acquisitions (M&A) brokerage business in Japan.

KoMiCo

Market Cap: ₩657.5b

Provides semiconductor equipment cleaning and coating products in South Korea, the United States, China, Taiwan, and Singapore.

Zhejiang Asia-Pacific Mechanical & ElectronicLtd

Market Cap: CN¥8.4b

Engages in the development, production, and sale of automotive parts in China and internationally.

Sinar Eka Selaras

Market Cap: Rp2.0t

Engages in the trading and retail of electronic equipment and clothing of various brands in Indonesia.

Indah Kiat Pulp & Paper

Market Cap: Rp31.3t

Engages in the manufacture of cultural paper, pulp, tissue, and industrial paper in Indonesia, Asia, the United States, Australia, the Middle East, Africa, and Europe.

WingArc1st

Market Cap: JP¥124.1b

Develops and sells software and services in Japan.

Lagenda Properties Berhad

Market Cap: RM 1.0b

An investment holding company, engages in the property development business in Malaysia.

Japan Eyewear Holdings

Market Cap: JP¥51.9b

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

Klinique Medical Clinic

Market Cap: ฿5.3b

Provides skin medical treatment services under the Klinique brand name in Thailand.

SHINSEGAE FOOD

Market Cap: ₩159.5b

Engages in the food manufacture, food distribution, eating and drinking, and consignment meal service businesses in South Korea.

GCH Technology

Market Cap: CN¥5.9b

Researches, develops, produces, and sells nucleating agents, synthetic hydrotalcites, and composite additives in China and internationally.

Yokowo

Market Cap: JP¥33.1b

Provides components and advanced devices for wireless communication and information transmission applications in Japan and internationally.

Lizhong Sitong Light Alloys Group

Market Cap: CN¥11.7b

Lizhong Sitong Light Alloys Group Co., Ltd.

Granules India

Market Cap: ₹120.3b

Manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India and internationally.

Trainline

Market Cap: UK£1.1b

Engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets worldwide.

Natural Gas Services Group

Market Cap: US$308.0m

Provides natural gas compression equipment, technology, and services to the energy industry in the United States.

Gofore Oyj

Market Cap: €289.9m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

Northpointe Bancshares

Market Cap: US$515.1m

Operates as the bank holding company for Northpointe Bank provides various banking products and services in the United States.

SDI Group

Market Cap: UK£98.3m

Through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

SeSa

Market Cap: €1.1b

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

Wilson Bayly Holmes-Ovcon

Market Cap: R9.3b

Operates as a construction company in South Africa, rest of Africa, and the United Kingdom.

Ibersol S.G.P.S

Market Cap: €397.9m

Through its subsidiaries, operates a network of restaurants in Portugal, Spain, and Angola.

Green Thumb Industries

Market Cap: CA$1.8b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Astrana Health

Market Cap: US$1.2b

A healthcare management company, provides medical care services in the United States.

Wiz Co Participações e Corretagem de Seguros

Market Cap: R$1.2b

Wiz Co Participações e Corretagem de Seguros S.A.

EFG Holding CompanyE

Market Cap: ج.م34.5b

A financial services company, provides investment banking products and services in Egypt, rest of GCC countries, and internationally.

Catalyst Metals

Market Cap: AU$1.2b

Explores and evaluates mineral properties in Australia.