Global Undervalued Small Caps

Luk Fook Holdings (International)

Market Cap: HK$12.5b

An investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products in Hong Kong and internationally.

Mahindra Logistics

Market Cap: ₹35.2b

Provides integrated logistics and mobility solutions in India and internationally.

Murapol

Market Cap: zł1.7b

Engages in residential real estate development buisness in Poland.

Aegean Airlines

Market Cap: €1.0b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

Community West Bancshares

Market Cap: US$446.4m

Operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in California.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$998.1m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Foresight Group Holdings

Market Cap: UK£456.2m

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

DCB Bank

Market Cap: ₹58.4b

Provides various banking and financial products and services in India.

HD-Hyundai Marine Engine

Market Cap: ₩2.5t

Manufactures and sells marine engines, industrial facilities, and plants in South Korea and internationally.

PC1 Group

Market Cap: ₫7.8t

Engages in the construction, industrial production, real estate, energy, trading, exploitation and operation of industrial zone, mining, and other businesses in Vietnam.

TIMAH

Market Cap: Rp22.8t

Engages in tin mining and smelting operations in Indonesia and internationally.

Detection Technology Oyj

Market Cap: €126.9m

Engages in the provision of X-ray detector solutions for industrial, medical, and security applications in Finland and internationally.

Nolato

Market Cap: SEK 13.6b

Develops, manufactures, and sells plastic, silicone, and thermoplastic elastomer products in Europe, Asia, North America, and internationally.

DEUTZ

Market Cap: €1.5b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

Collegium Pharmaceutical

Market Cap: US$1.1b

A specialty pharmaceutical company, engages in the development and commercialization of medicines for pain management.

Alimak Group

Market Cap: SEK 11.6b

Designs, manufactures, sells, and services vertical access and working at height solutions worldwide.

Viant Technology

Market Cap: US$716.9m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

Power Solutions International

Market Cap: US$838.1m

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, the rest of North America, the Pacific Rim, Europe, and internationally.

Atalaya Mining Copper

Market Cap: UK£1.2b

Engages in the mineral exploration and development in Spain.

DigiPlus Interactive

Market Cap: ₱59.8b

Through its subsidiaries, operates as a digital entertainment company in the Philippines.

Guoquan Food (Shanghai)

Market Cap: HK$6.7b

Operates as a home meal products company in Mainland China.

ANYCOLOR

Market Cap: JP¥168.6b

Operates as an entertainment company in Japan and internationally.

Green Tea Group

Market Cap: HK$5.1b

Operates casual Chinese restaurants in Mainland China.

Round One

Market Cap: JP¥231.3b

Operates indoor leisure complex facilities.

Symal Group

Market Cap: AU$588.3m

Provides construction contracting, equipment hires, material sales, recycling, and remediation services to the civil construction industry in Australia.

Duk San NeoluxLtd

Market Cap: ₩1.0t

Develops and manufactures OLED materials for display industry in South Korea.

Evergreen Aviation Technologies

Market Cap: NT$57.1b

Provides aircraft maintenance services to airline partners in Taiwan and internationally.

J. Kumar Infraprojects

Market Cap: ₹35.8b

Engages in the construction business in India.

Dole

Market Cap: US$1.3b

Engages in sourcing, production, distribution, and marketing of fresh fruits and vegetables worldwide.

Zehnder Group

Market Cap: CHF 719.2m

Develops, manufactures, and sells indoor climate systems in Europe, North America, and China.

Elopak

Market Cap: NOK 9.3b

Manufactures and supplies paper-based packaging system solutions for liquid products in Europe, the Middle East, Africa, Asia, Americas, Germany, Canada, Netherlands, Norway, the United States, and internationally.

Hollywood Bowl Group

Market Cap: UK£428.3m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

On the Beach Group

Market Cap: UK£200.8m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

Bristow Group

Market Cap: US$1.2b

Provides vertical flight solutions to offshore energy companies and government agencies in the United Kingdom, Norway, the United States, Nigeria, and internationally.

MarketWise

Market Cap: US$255.8m

Operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally.

Climb Global Solutions

Market Cap: US$374.0m

Operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, and the United Kingdom.