Global Undervalued Small Caps

Aquila Part Prod Com

Market Cap: RON 1.5b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

Lectra

Market Cap: €889.2m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

Wiz Co Participações e Corretagem de Seguros

Market Cap: R$997.8m

Wiz Co Participações e Corretagem de Seguros S.A.

Bradespar

Market Cap: R$6.2b

Through its interest in VALE, operates as a mining company in the production of iron ore and pellets, and nickel in Brazil.

Foresight Group Holdings

Market Cap: UK£443.0m

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

Catalyst Metals

Market Cap: AU$1.4b

Explores and evaluates mineral properties in Australia.

Salmones Camanchaca

Market Cap: CL$209.6b

Engages in the salmon farming business in Chile.

Suzhou Etron TechnologiesLtd

Market Cap: CN¥3.8b

Provides electronics manufacturing services worldwide.

D.G. Khan Cement

Market Cap: PK₨55.9b

Produces and sells clinker, low alkali cement, and ordinary Portland and sulphate resistant cement in Pakistan.

Stylam Industries

Market Cap: ₹27.1b

Manufactures and sells laminates, solid surface panels and allied products in India and internationally.

AK Medical Holdings

Market Cap: HK$6.2b

Operates as an investment holding company that designs, develops, produces, and markets orthopedic joint implants and related products in China and internationally.

Zhejiang HangKe Technology

Market Cap: CN¥10.4b

Designs, develops, produces, and sells lithium-ion (Li-ion) battery post-processing systems for the charging and discharging industry in China and internationally.

Financial Partners GroupLtd

Market Cap: JP¥192.2b

Provides various financial products and services in Japan.

Nine Entertainment Holdings

Market Cap: AU$2.5b

Engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia.

SYoung Group

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of cosmetic products in China.

Suzhou SONAVOX ElectronicsLtd

Market Cap: CN¥4.4b

Engages in the design, manufacture, and sale of audio products and systems for the automotive industry.

Shanghai Baolong Automotive

Market Cap: CN¥8.3b

Manufactures and sells automotive parts and components.

AIC Mines

Market Cap: AU$201.5m

Engages in exploration, acquisition, and development of mineral properties in Australia.

Elan

Market Cap: JP¥45.2b

Engages in the nursing care business primarily in Japan.

Focus Technology

Market Cap: CN¥13.3b

Operates e-commerce platforms in the People’s Republic of China and internationally.

OPTEX GROUP Company

Market Cap: JP¥55.1b

Develops, manufactures, and sells security and automatic door products in Japan, the United States, Europe, and rest of Asia.

Micronics Japan

Market Cap: JP¥128.6b

Develops, manufactures, and sells body measuring instruments, semiconductor, and liquid crystal display inspection equipment worldwide.

Shenzhen YHLO Biotech

Market Cap: CN¥8.3b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Laster Tech

Market Cap: NT$3.5b

Engages in the manufacture and sale of LED chips and components in Taiwan, China, and Thailand.

Plover Bay Technologies

Market Cap: HK$6.5b

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

CURVES HOLDINGS

Market Cap: JP¥63.3b

Engages in the operation and management of fitness club for women under the Curves brand name in Japan.

Nature Holdings

Market Cap: ₩145.5b

Operates as a lifestyle company.

Zhejiang Qianjiang Motorcycle

Market Cap: CN¥8.3b

Researches and develops, manufactures, sells, and services motorcycles and accessories in China and internationally.

Nucleus Software Exports

Market Cap: ₹23.4b

Provides lending and transaction banking products to the financial services industry in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally.

Uniparts India

Market Cap: ₹14.1b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.

Alpha Data PJSC

Market Cap: د.إ1.6b

Offers system integration services.

ITAB Shop Concept

Market Cap: SEK 6.5b

Provides solution and store design, customized concept fittings, checkouts, consumer flow solutions, professional lighting systems, and digitally interactive solutions for the physical stores.

Scandi Standard

Market Cap: SEK 5.9b

Produces and sells chilled, frozen, and ready-to-eat chicken products in Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, rest of Europe, and internationally.

Cicor Technologies

Market Cap: CHF 507.3m

Develops, and manufactures electronic components, devices, and systems worldwide.

Nordrest Holding

Market Cap: SEK 1.9b

Operates as a foodservice company in Sweden and internationally.

Orange County Bancorp

Market Cap: US$290.1m

Through its subsidiaries, provides commercial and consumer banking products and services.