Global Undervalued Small Caps

BW Energy

Market Cap: NOK 10.1b

Engages in the exploration and production of oil and gas properties.

Moura Dubeux Engenharia

Market Cap: R$2.3b

Provides real estate development services in Brazil.

Yü Group

Market Cap: UK£282.1m

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

Komehyo HoldingsLtd

Market Cap: JP¥34.7b

Engages in the purchase and sale of used and new products through stores in Japan.

Almawave

Market Cap: €128.6m

Provides artificial intelligence (AI), natural language processing, and big data solutions in Italy.

Nippon Carbide Industries

Market Cap: JP¥20.1b

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

ProCredit Holding

Market Cap: €556.0m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Dat Xanh Real Estate Services

Market Cap: ₫6.4t

Provides real estate trading and brokerage services in Vietnam.

Carter Bankshares

Market Cap: US$413.6m

Operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States.

Base

Market Cap: JP¥65.0b

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

Chain Bridge Bancorp

Market Cap: US$204.6m

Operates as a bank holding company for Chain Bridge Bank, N.A.

Shenzhen King Explorer Science and Technology

Market Cap: CN¥4.7b

Researches, designs, develops, manufactures, and sells intelligent equipment systems to civil explosive production and blasting service companies in China and internationally.

Zhejiang Jolly PharmaceuticalLTD

Market Cap: CN¥12.6b

Engages in the research, production, and marketing of Chinese medicinal products in the People’s Republic of China and internationally.

Chongqing Machinery & Electric

Market Cap: HK$6.6b

Designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.

MTG

Market Cap: JP¥153.3b

Manufactures and sells health, beauty, and wellness products in Japan and internationally.

Genomma Lab Internacional. de

Market Cap: Mex$17.2b

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

NCD

Market Cap: JP¥22.9b

Engages in the system development, support and service, and parking system businesses in Japan.

Tangrenshen Group

Market Cap: CN¥6.9b

Engages in the research and development, production and sales of feed, live pigs, meat, and animal health products in China.

Mark Dynamics Indonesia

Market Cap: Rp2.5t

Manufactures and sells hand former products in Indonesia and internationally.

CREEK & RIVER

Market Cap: JP¥33.1b

Engages in the production and management of creative artists and agencies, as well as rights management in Japan and internationally.

Plumas Bancorp

Market Cap: US$288.7m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Indofood Agri Resources

Market Cap: S$516.5m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

CLIO CosmeticsLtd

Market Cap: ₩256.6b

Provides makeup products in South Korea and internationally.

Pansoft

Market Cap: CN¥4.8b

Provides management information solutions and IT integrated services for large enterprises in China.

SILICON2

Market Cap: ₩2.7t

Engages in the distribution of cosmetics products worldwide.

Modetour Network

Market Cap: ₩194.4b

Operates as a travel company in South Korea and internationally.

Bank BTPN Syariah

Market Cap: Rp10.6t

Provides various banking products and services in Indonesia.

Advanced Process Systems

Market Cap: ₩307.6b

Develops and sells semiconductors and display manufacturing equipment primarily in South Korea, China, and Vietnam.

Software Service

Market Cap: JP¥74.1b

Engages in providing electric medical record, hospital total ordering, and other systems.

E7 Group PJSC

Market Cap: د.إ2.2b

Engages in commercial printing, packaging, and distribution business in the United Arab Emirates.

Gourmet Master

Market Cap: NT$13.0b

Operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally.

Abeona Therapeutics

Market Cap: US$281.0m

A clinical-stage biopharmaceutical company, develops gene and cell therapies for life-threatening diseases.

Bytes Technology Group

Market Cap: UK£888.7m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Argosy Research

Market Cap: NT$15.9b

Manufactures and sells of electronic components and connectors in Asia, the United States, and internationally.

Carote

Market Cap: HK$2.5b

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.

Eleving Group

Market Cap: €190.9m

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