Global Undervalued Small Caps

Groupe Dynamite

Market Cap: CA$1.5b

Designs, distributes, and sells women’s apparel in the market of Canada and the United States of America.

Silvercrest Asset Management Group

Market Cap: US$218.5m

A wealth management firm, provides financial advisory and related family office services in the United States.

Applied Nutrition

Market Cap: UK£300.5m

Engages in the manufacture, wholesale, and retail of sports nutritional products in the United Kingdom and internationally.

Orange County Bancorp

Market Cap: US$290.1m

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

Trisura Group

Market Cap: CA$1.8b

A specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally.

Zignago Vetro

Market Cap: €741.3m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

Ninety One Group

Market Cap: UK£1.3b

Operates as an independent global asset manager worldwide.

B&S Group

Market Cap: €492.4m

Distributes consumer goods worldwide.

Ziff Davis

Market Cap: US$1.4b

Operates as a digital media and internet company in the United States and internationally.

Himalaya Shipping

Market Cap: NOK 2.6b

Provides dry bulk shipping services worldwide.

Camden National

Market Cap: US$679.3m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

2CRSI

Market Cap: €90.7m

Develops, manufactures, and distributes computing solutions in France and internationally.

Live Oak Bancshares

Market Cap: US$1.2b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

HCI Group

Market Cap: US$1.7b

Engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in the United States.

Dime Community Bancshares

Market Cap: US$1.2b

Operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services.

Chemring Group

Market Cap: UK£1.1b

Provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.

Docebo

Market Cap: CA$1.3b

Develops and provides a learning management platform for training in North America and internationally.

Gambling.com Group

Market Cap: US$480.9m

Operates as a performance marketing company for the online gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

Bellevue Gold

Market Cap: AU$1.3b

Engages in the exploration, development, mining, and processing of gold properties in Australia.

Cementos PacasmayoA

Market Cap: S/1.8b

A cement company, produces, distributes, and sells cement and cement-related materials in Peru.

Kinik

Market Cap: NT$39.1b

Produces and sells various abrasives, cutting tools, and reclaimed wafers in Taiwan and internationally.

Bluebik Group

Market Cap: ฿4.5b

Provides strategic and digital technology consulting services in Thailand and Vietnam.

Zhejiang Xianju PharmaceuticalLtd

Market Cap: CN¥9.2b

Manufactures and sells steroids and hormones worldwide.

Thangamayil Jewellery

Market Cap: ₹59.4b

Operates a chain of retail jewelry stores in India.

Beijing ConST Instruments Technology

Market Cap: CN¥3.7b

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

NISSO HOLDINGS

Market Cap: JP¥22.7b

Provides human resources services in Japan.

ZeusLtd

Market Cap: ₩409.7b

Provides semiconductor, robot, and display total solutions in South Korea and internationally.

Marketech International

Market Cap: NT$32.7b

Manufactures, sells, imports, and trades in a range of integrated circuits, semiconductors, electrical and computer equipment and materials, chemicals, gas, and components in Taiwan, China, the United States, and internationally.

Amoy Diagnostics

Market Cap: CN¥8.0b

Engages in the development and commercialization of diagnostics product for oncology in China and internationally.

Suzhou Shihua New Material Technology

Market Cap: CN¥6.9b

Suzhou Shihua New Material Technology Co., Ltd.

System Support Holdings

Market Cap: JP¥23.5b

Provides various information technology (IT) services in Japan and internationally.

Okinawa Financial Group

Market Cap: JP¥59.0b

Provides various financial services.

Pecca Group Berhad

Market Cap: RM 1.1b

An investment holding company, primarily engages in styling, manufacturing, distribution, and installation of leather upholstery seat covers for automotive and aviation industry in Malaysia, Asia Pacific, Europe, North America, and Oceania.

World Holdings

Market Cap: JP¥36.6b

Engages in human resources and education, information and telecommunications, real estate, and agricultural park businesses in Japan.

Chenbro Micom

Market Cap: NT$34.7b

Engages in the research and development, design, manufacture, processing, and trading of computer peripherals and system of expendables in the United States, China, Taiwan, Singapore, and internationally.

Good Will Instrument

Market Cap: NT$6.2b

Manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets.