Global Undervalued Small Caps

Catalyst Metals

Market Cap: AU$1.8b

Engages in the mineral exploration and evaluation in Australia.

Foresight Group Holdings

Market Cap: UK£445.8m

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

Tracsis

Market Cap: UK£96.7m

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Eternal Beauty Holdings

Market Cap: HK$2.7b

An investment holding company, engages in the retail, wholesale, and distribution of perfumes, skincare products, color cosmetics, personal care products, eyewear, and home fragrances in China, including Hong Kong and Macau.

Alimak Group

Market Cap: SEK 12.9b

Alimak Group AB (publ) desigs and manufactures vertical access solutions in Europe, Asia, Australia, South and North America, and internationally.

YouYou Foods

Market Cap: CN¥4.9b

Provides food products in China.

Cicor Technologies

Market Cap: CHF 585.2m

Develops, and manufactures electronic components, devices, and systems worldwide.

Nolato

Market Cap: SEK 13.8b

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

Storytel

Market Cap: SEK 6.0b

Provides audiobooks and e-books streaming services.

Sylvamo

Market Cap: US$1.7b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Power Solutions International

Market Cap: US$1.2b

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£1.4b

Engages in the mineral exploration and development in Spain.

New Wave Group

Market Cap: SEK 12.9b

Designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally.

Prosegur Cash

Market Cap: €915.6m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Almawarid Manpower

Market Cap: ر.س1.5b

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

WON TECHLtd

Market Cap: ₩655.8b

Engages in the production and sale of laser and energy-based equipment in South Korea and internationally.

NIIT Learning Systems

Market Cap: ₹42.8b

Provides managed training services in India, the United States, Europe, and internationally.

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.

ANYCOLOR

Market Cap: JP¥237.8b

Operates as an entertainment company in Japan and internationally.

Pharming Group

Market Cap: €911.2m

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

CI&T

Market Cap: US$658.2m

Provides strategy, design, and software engineering services worldwide.

Strides Pharma Science

Market Cap: ₹79.7b

Develops, manufactures, and sells pharmaceutical products in Africa, Australia, North America, Europe, Asia, and internationally.

Round One

Market Cap: JP¥261.9b

Operates indoor leisure complex facilities.

Hollywood Bowl Group

Market Cap: UK£434.9m

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

On the Beach Group

Market Cap: UK£284.3m

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

Sword Group

Market Cap: €300.4m

Provides IT and software solutions.

DXN Holdings Bhd

Market Cap: RM 2.5b

Manufactures and sales health supplements and other products on direct sales basis in Latin America, Malaysia, Asia, North America, Africa, Europe, the Middle East, and Oceania.

J. Kumar Infraprojects

Market Cap: ₹35.7b

Engages in the construction business in India.

Green Tea Group

Market Cap: HK$4.8b

Operates casual Chinese restaurants in Mainland China.

Aeris Resources

Market Cap: AU$592.6m

Explores, produces, and sells precious metals in Australia.

LBG Media

Market Cap: UK£135.7m

Operates an online media publisher in the United Kingdom, Ireland, Australia, the United States, and internationally.

Yü Group

Market Cap: UK£294.2m

Through its subsidiaries, supplies energy and utility solutions primarily in the United Kingdom.

Rosenbauer International

Market Cap: €488.6m

Engages in the provision of systems for preventive firefighting and disaster protection technology worldwide.

Nitin Spinners

Market Cap: ₹21.0b

Manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally.

Michelmersh Brick Holdings

Market Cap: UK£77.9m

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

Praemium

Market Cap: AU$370.5m

Provides advisors and wealth management solutions in Australia and internationally.