Global Undervalued Small Caps

Shandong Bailong Chuangyuan Bio-Tech

Market Cap: CN¥8.5b

Shandong Bailong Chuangyuan Bio-Tech Co., Ltd.

COVER

Market Cap: JP¥120.1b

COVER Corporation distribute videos and music through VTubers distribution platform in Japan.

Kidswant Children ProductsLtd

Market Cap: CN¥13.5b

Engages in the retail of maternal, infant, and child products in China.

Hallenstein Glasson Holdings

Market Cap: NZ$587.5m

Operates as a retailer of men’s and women’s clothing in New Zealand and Australia.

Praemium

Market Cap: AU$437.8m

Provides advisors and wealth management solutions in Australia and internationally.

Genus Power Infrastructures

Market Cap: ₹94.4b

Provides smart metering solutions in India and internationally.

YesAsia Holdings

Market Cap: HK$2.1b

An investment holding company, engages in trading of Asian fashion and lifestyle, beauty, cosmetics, accessories, and entertainment products.

Multiconsult

Market Cap: NOK 4.7b

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally.

Max Estates

Market Cap: ₹76.0b

Develops and constructs residential and commercial properties.

Lea Bank

Market Cap: SEK 1.3b

Provides various banking products and services in Norway, Sweden, Finland, and Spain.

Verkkokauppa.com Oyj

Market Cap: €179.4m

Operates as an online retailer in Finland.

Nichols

Market Cap: UK£378.5m

Engages in supply of soft drinks to the retail, wholesale, catering, licensed, and leisure industries in the United Kingdom, the Middle East, Africa, and internationally.

Al-Dawaa Medical Services

Market Cap: ر.س5.6b

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

Anora Group Oyj

Market Cap: €212.5m

Produces, imports, markets, distributes, and sells alcoholic beverages in the Finland, Europe, and internationally.

Fresh Del Monte Produce

Market Cap: US$1.7b

Through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally.

Progyny

Market Cap: US$1.6b

A benefits management company, provides fertility, family building, and women’s health benefits solutions in the United States.

Elixirr International

Market Cap: UK£402.6m

Through its subsidiaries, provides management consultancy services in the United Kingdom, the United States, and internationally.

Kitron

Market Cap: NOK 15.1b

Operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States.

Spin Master

Market Cap: CA$2.1b

A children’s entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally.

TaskUs

Market Cap: US$1.2b

Provides outsourced digital services for companies in Philippines, the United States, India, and internationally.

Kalekim Kimyevi Maddeler Sanayi Ve Ticaret Anonim Sirketi

Market Cap: ₺15.9b

Operates in the construction chemicals sector in Turkey and internationally.

InfuSystem Holdings

Market Cap: US$211.6m

Through its subsidiaries, provides infusion pumps and related products and services in the United States and Canada.

China Yuchai International

Market Cap: US$1.4b

Manufactures, assembles, and sells diesel and natural gas engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications.

Michelmersh Brick Holdings

Market Cap: UK£81.2m

Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.

Marshalls

Market Cap: UK£426.8m

Manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.

Cruzeiro do Sul Educacional

Market Cap: R$2.1b

Provides education services in Brazil.

Lucky Harvest

Market Cap: CN¥10.7b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Alkane Resources

Market Cap: AU$1.4b

Operates as a gold exploration and production company in Australia.

Juhayna Food IndustriesE

Market Cap: ج.م30.7b

Engages in producing, manufacturing, processing, and packaging of dairy products, juices, and cooking products in Egypt.

Craneware

Market Cap: UK£789.1m

Develops, licenses, and supports computer software for the healthcare industry in the United States.

Synsam

Market Cap: SEK 8.7b

Operates in the optical retail and eye health sector in the Nordic Region.

Chengdu Haoneng Technology

Market Cap: CN¥12.5b

Engages in the research, development, production, and sale of automotive transmission system components in China and internationally.

Pinewood Technologies Group

Market Cap: UK£370.5m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.

Zeria Pharmaceutical

Market Cap: JP¥88.2b

Manufactures, sells, imports, and exports pharmaceuticals, non-pharmaceutical products, veterinary pharmaceuticals, agricultural and industrial chemicals, and reagents in Japan and internationally.

Orinko Advanced PlasticsLTD

Market Cap: CN¥6.8b

Orinko Advanced Plastics Co.,LTD. reesearches and develops, produces, and sells modified plastics in China.

Metro Bank Holdings

Market Cap: UK£787.5m

Operates as the bank holding company for Metro Bank PLC that provides business, commercial, retail and private banking products and services in the United Kingdom.