Global Undervalued Small Caps

Suzhou Shihua New Material Technology

Market Cap: CN¥8.1b

Suzhou Shihua New Material Technology Co., Ltd.

NIIT Learning Systems

Market Cap: ₹46.6b

Offers managed training services in India, America, Europe, and internationally.

Almawarid Manpower

Market Cap: ر.س2.0b

Provides recruitment services for domestic workers, expatriate labor services, and operates temporary employment agency for domestic services in the Kingdom of Saudi Arabia.

A.L.A. società per azioni

Market Cap: €317.0m

Operates as a supply chain solutions provider to the aerospace and defense, and rail and high-tech sectors.

Pennant Group

Market Cap: US$869.7m

Provides healthcare services in the United States.

Yellow Cake

Market Cap: UK£1.1b

Operates in the uranium sector.

Bénéteau

Market Cap: €661.4m

Designs, manufactures, and sells boats and leisure homes in France and internationally.

Bredband2 i Skandinavien

Market Cap: SEK 2.3b

Provides data communication and security solutions to individuals and companies in Sweden.

Shutterstock

Market Cap: US$676.5m

Provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally.

Aptitude Software Group

Market Cap: UK£171.1m

Provides financial management software in the United Kingdom and internationally.

Aspo Oyj

Market Cap: €167.1m

Provides shipping services in Finland, Scandinavia, the Baltic countries, other European countries, and internationally.

Brookline Bancorp

Market Cap: US$980.2m

Operates as a bank holding company for the Brookline Bank that provides commercial, business, and retail banking products and services to corporate, municipal, and retail customers in the United States.

Sword Group

Market Cap: €352.9m

Provides IT and software solutions worldwide.

Green Landscaping Group

Market Cap: SEK 3.6b

Engages in the green space management and landscaping business in Sweden, Norway, and rest of Europe.

Tubacex

Market Cap: €463.7m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺40.8b

Operates as an automotive importer and distributor in Turkey.

Grupo Herdez. de

Market Cap: Mex$18.0b

A food company, provides processed food in Mexico and internationally.

AlicorpA

Market Cap: S/5.6b

Provides massive consumption and B2B products in Peru and internationally.

Beximco Pharmaceuticals

Market Cap: ৳42.2b

Manufactures and markets generic pharmaceutical formulations and active pharmaceutical ingredients in Bangladesh.

Innodisk

Market Cap: NT$20.8b

Researches, develops, manufactures, and sales industrial embedded storage devices in Taiwan, Asia, Japan, Germany, China, Europe, the United States, and internationally.

PI Advanced Materials

Market Cap: ₩552.1b

Operates as a subsidiary of Arkema S.A.

D&L Industries

Market Cap: ₱37.9b

Provides products for food ingredients, oleochemicals for personal and home care use, raw materials for plastic products, and aerosol products in the Philippines and internationally.

JBCC Holdings

Market Cap: JP¥78.7b

Through its subsidiaries, engages in the provision of information technology related services in Japan.

Austin Engineering

Market Cap: AU$226.5m

Manufactures, repairs, overhauls, and supplies mining attachment products, and other related products and services for the industrial and resources-related business sectors.

Sercomm

Market Cap: NT$27.5b

Researches, develops, manufactures, and sells networking communication software and equipment in North America, Europe, and the Asia Pacific.

KinhBac City Development Holding

Market Cap: ₫26.7t

Engages in investing, constructing, and trading in real estate, industrial park infrastructure, and provide related support services in Vietnam.

Intermestic

Market Cap: JP¥58.5b

Sells eyeglasses and sunglasses through stores and online in Japan.

ITmedia

Market Cap: JP¥31.6b

Engages in the development and operation of Internet-only media providing information on various topics in Japan.

Tokuyama

Market Cap: JP¥228.1b

Produces and sells various chemical products in Japan.

Nanosonics

Market Cap: AU$1.1b

Operates as an infection prevention company globally.

Saint Marc Holdings

Market Cap: JP¥52.4b

Through its subsidiaries, engages in the restaurant and cafe business in Japan.

HRnetGroup

Market Cap: S$665.7m

An investment holding company, engages in the recruitment and staffing business in Singapore, Hong Kong, Taiwan, the People’s Republic of China, Japan, South Korea, Malaysia, Thailand, and Indonesia.

Akums Drugs and Pharmaceuticals

Market Cap: ₹84.3b

Manufactures and sells pharmaceutical products and active pharmaceutical ingredients India and internationally.

Eternal Hospitality GroupLtd

Market Cap: JP¥35.5b

Operates restaurants in Japan.

Al-Dawaa Medical Services

Market Cap: ر.س6.7b

Primarily operates as a pharmaceutical retail company in the Kingdom of Saudi Arabia.

Alkane Resources

Market Cap: AU$411.8m

Operates as a gold exploration and production company in Australia.