Global Undervalued Small Caps

Sunonwealth Electric Machine Industry

Market Cap: NT$41.3b

Manufactures and sells precision motors and thermal solutions worldwide.

Torishima Pump Mfg

Market Cap: JP¥50.8b

Engages in the sale of pumps and peripheral equipment in Japan and internationally.

Hua Yu Lien Development

Market Cap: NT$10.5b

Engages in the real estate business in Taiwan.

Oil States International

Market Cap: US$399.1m

Through its subsidiaries, provides engineered capital equipment and consumable products for energy, industrial, and military sectors worldwide.

Third Coast Bancshares

Market Cap: US$575.0m

Operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in the United States.

MarkLines

Market Cap: JP¥19.7b

Operates an automotive industry portal in Japan, China, rest of Asia, North America, Europe, and internationally.

Intermestic

Market Cap: JP¥60.9b

Sells eyeglasses and sunglasses in Japan.

Ryobi

Market Cap: JP¥87.3b

Operates as a die casting manufacturer in Japan, the United States, China, and internationally.

Aucnet

Market Cap: JP¥91.8b

A circular market design company, engages in online auctions and various distribution businesses for goods, flowers, used motorcycles, used medical equipment, etc.

Itoki

Market Cap: JP¥123.9b

Plans, designs, manufactures, and sells office furniture in Japan and internationally.

Zeria Pharmaceutical

Market Cap: JP¥92.6b

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

Sercomm

Market Cap: NT$23.8b

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

KITZ

Market Cap: JP¥145.5b

Engages in the manufacturing and selling of valves, other flow control devices, and related products in Japan and internationally.

Luoyang Jianlong Micro-nano New Material

Market Cap: CN¥3.1b

Manufactures and sells molecular sieves in China.

Hallenstein Glasson Holdings

Market Cap: NZ$574.4m

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

Orinko Advanced PlasticsLTD

Market Cap: CN¥6.3b

Researches, develops, produces, and sells polymer modified materials in China.

China Catalyst Holding

Market Cap: CN¥4.7b

Engages in the research and development, production, and sale of zeolite catalyst, customized process package solutions, and fine chemicals in China and internationally.

Qingdao Baheal Medical

Market Cap: CN¥12.2b

Engages in the research and development, production, wholesale, and retail of pharmaceutical products in China, the United States, Hong Kong, and the United Kingdom.

Pacific Shuanglin Bio-pharmacy

Market Cap: CN¥12.7b

Engages in research, development, production, and sales of blood products in China and internationally.

Shenzhen Highpower Technology

Market Cap: CN¥6.8b

Engages in the research, design, development, manufacture, and sale of lithium-ion and nickel-metal hydride (Ni-MH) batteries in China and internationally.

Shandong Bailong Chuangyuan Bio-Tech

Market Cap: CN¥8.8b

Shandong Bailong Chuangyuan Bio-Tech Co., Ltd.

Kossan Rubber Industries Bhd

Market Cap: RM 2.9b

An investment holding company, manufactures and sells latex disposable gloves in Malaysia and internationally.

LBS Bina Group Berhad

Market Cap: RM 584.4m

An investment holding company, primarily engages in property development business in Malaysia and Saudi Arabia.

VITZROCELLLtd

Market Cap: ₩898.7b

Engages in the production and sale of lithium batteries in South Korea.

Alivus Life Sciences

Market Cap: ₹110.4b

Develops, manufactures, and markets active pharmaceutical ingredients in India, Japan, Europe, North and Latin America, and internationally.

Mi Technovation Berhad

Market Cap: RM 2.5b

An investment holding company, engages in the design, development, manufacturing, and sales of semiconductor manufacturing equipment in Southeast Asia, Northeast Asia, and North America.

Ramco Systems

Market Cap: ₹21.9b

Operates as an enterprise software company in the United States, Europe, the Asia-Pacific, India, and the Middle East, and Africa.

Akums Drugs and Pharmaceuticals

Market Cap: ₹64.6b

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

Dialog Axiata

Market Cap: LK₨272.3b

Provides communication and telecommunication infrastructure services to individuals and corporates in Sri Lanka.

CATRION Catering Holding

Market Cap: ر.س6.5b

Offers catering and other support services to flights operated by Saudi Arabian and other airlines in the Kingdom of Saudi Arabia.

Marksans Pharma

Market Cap: ₹82.3b

Engages in the research, manufacturing, marketing, and sale of pharmaceutical formulations in the United States, North America, Europe, the United Kingdom, Australia, New Zealand, and internationally.