Global Undervalued Small Caps

DHT Holdings

Market Cap: US$1.8b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Ultralife

Market Cap: US$150.9m

Designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide.

CellaVision

Market Cap: SEK 4.4b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

EASY BIOInc

Market Cap: ₩170.4b

Provides specialized piglet feed and feed additives solutions in South Korea and internationally.

Flowco Holdings

Market Cap: US$1.6b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥9.0b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

Atturra

Market Cap: AU$303.0m

Provides advisory and information technology solutions in Australia, New Zealand, Singapore, and Hong Kong.

Alexandria Group Oyj

Market Cap: €96.4m

Provides investment and saving solutions in Finland.

Future

Market Cap: JP¥202.7b

Provides IT consulting and services primarily in Japan.

Base

Market Cap: JP¥60.3b

Engages in the computer software development and related work in Japan.

Fullcast Holdings

Market Cap: JP¥57.8b

Provides human resource solutions in Japan.

Shofu

Market Cap: JP¥69.2b

Manufactures and sells dental materials and equipment worldwide.

KH Neochem

Market Cap: JP¥92.7b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Nippon Carbide Industries

Market Cap: JP¥17.5b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Iochpe-Maxion

Market Cap: R$2.0b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Trisul

Market Cap: R$1.3b

Engages in the construction and development of real estate properties in Brazil.

Eurocell

Market Cap: UK£159.5m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

CNB Financial

Market Cap: US$509.3m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

Tennant

Market Cap: US$1.5b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Bozhon Precision Industry TechnologyLtd

Market Cap: CN¥12.0b

Bozhon Precision Industry Technology Co.,Ltd.

Shenzhen Noposion Crop Science

Market Cap: CN¥10.2b

Researches and develops, produces, and sells agricultural inputs in China and internationally.

Carote

Market Cap: HK$2.9b

An investment holding company, engages in the manufacture and sale of kitchenware products in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and internationally.

People & Technology

Market Cap: ₩804.7b

Offers coating, calendaring, slitting, automation, and other machineries.

Waterdrop

Market Cap: US$506.3m

Through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People’s Republic of China.

Boditech Med

Market Cap: ₩313.6b

Offers instruments and diagnostic reagents in South Korea and internationally.

Eleving Group

Market Cap: €181.1m

Provides vehicle and consumer finance services in Europe, Africa, and internationally.

Shengda ResourcesLtd

Market Cap: CN¥10.4b

Through its subsidiaries, engages in the mining development, resource trading, and investment management businesses in China.

Parade Technologies

Market Cap: NT$45.5b

Operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally.

Genomma Lab Internacional. de

Market Cap: Mex$20.1b

Provides pharmaceutical and personal care products primarily in Mexico and internationally.

Alvopetro Energy

Market Cap: CA$214.8m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

Hackett Group

Market Cap: US$710.2m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

CNMC Goldmine Holdings

Market Cap: S$174.3m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

MOIL

Market Cap: ₹78.9b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

lastminute.com

Market Cap: CHF 167.2m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Petron

Market Cap: ₱21.4b

Operates as an oil refining and marketing company in the Philippines.

Sichuan Injet Electric

Market Cap: CN¥10.3b

Engages in the research and development, design, and manufacturing of industrial power equipment in China.