Global Undervalued Small Caps

NEUCA

Market Cap: zł3.2b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Colony Bankcorp

Market Cap: US$277.1m

Operates as the bank holding company for Colony Bank that provides various banking products and services to retail and commercial customers in the United States.

Afrimat

Market Cap: R8.0b

Operates as a mining and materials company primarily in the southern African region.

Compagnie d'Entreprises CFE

Market Cap: €222.2m

Engages in the real estate, multitechnics, construction and renovation, and sustainable investment businesses in Belgium, Poland, Luxembourg, and internationally.

Integrated Diagnostics Holdings

Market Cap: US$202.3m

Operates as a consumer healthcare company that provides medical diagnostics services to patients.

Renold

Market Cap: UK£101.9m

Engages in the manufacture and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally.

Derichebourg

Market Cap: €996.3m

Provides environmental services to businesses, and local and municipal authorities worldwide.

RMR Group

Market Cap: US$455.2m

Through its subsidiary, The RMR Group LLC, provides asset management services in the United States.

Conduit Holdings

Market Cap: UK£554.1m

Through its subsidiary, provides reinsurance products and services worldwide.

Palfinger

Market Cap: €1.0b

Produces and sells crane and lifting solutions in Austria and internationally.

Civista Bancshares

Market Cap: US$356.2m

Operates as the financial holding company for Civista Bank that provides community banking services in the United States.

Meridian

Market Cap: US$151.7m

Operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida.

Hoist Finance

Market Cap: SEK 7.5b

A credit market company, engages in the loan acquisition and management operations in Europe.

Warpaint London

Market Cap: UK£351.4m

Produces and sells cosmetics.

Orezone Gold

Market Cap: CA$569.1m

Engages in the mining, exploration, and development of gold properties.

Japan Eyewear Holdings

Market Cap: JP¥56.6b

Through its subsidiaries, engages in the planning, designing, manufacturing, wholesaling, and retailing of eyewear products in Japan.

HDC HOLDINGSLtd

Market Cap: ₩955.6b

Engages in real estate development and construction activities in South Korea.

Rorze

Market Cap: JP¥267.8b

Engages in the design, development, manufacture, and sale of automation systems for the semiconductor and flat panel display production worldwide.

Australian Clinical Labs

Market Cap: AU$619.7m

Provides pathology diagnostic services in Australia.

Protec

Market Cap: ₩212.0b

Manufactures and sells semiconductor packaging equipment and automated pneumatic parts in South Korea.

Ningbo Exciton Technology

Market Cap: CN¥4.8b

Engages in the research and development, manufacture, and marketing of optical films and functional films in China.

Japan Electronic Materials

Market Cap: JP¥24.3b

Engages in the manufacture and sale of probe cards and electron tube parts in Japan and internationally.

Yamaichi ElectronicsLtd

Market Cap: JP¥38.1b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

China State Construction Development Holdings

Market Cap: HK$3.7b

An investment holding company, engages in the general contracting business in Hong Kong and internationally.

Gakujo

Market Cap: JP¥22.7b

Provides recruitment solutions to companies.

J Trust

Market Cap: JP¥53.4b

Provides various financial services in Japan.

Charm Care

Market Cap: JP¥41.3b

Engages in nursing care business.

Zhejiang Lante Optics

Market Cap: CN¥9.6b

Manufactures and sells optical products in China.

Deepak Fertilisers And Petrochemicals

Market Cap: ₹158.8b

Produces and sells fertilizers and industrial chemicals in India.

Yokowo

Market Cap: JP¥28.2b

Provides components and advanced devices for wireless communication and information transmission applications in Japan and internationally.

Quess

Market Cap: ₹49.0b

Operates as a business services provider in India, South East Asia, the Middle East, and North America.

Nishio Holdings

Market Cap: JP¥106.5b

Engages in the construction machinery rental business in Japan and internationally.

Lumax Auto Technologies

Market Cap: ₹38.7b

Manufactures and sells in automotive components in India.

Soop

Market Cap: ₩888.8b

Operates as an entertainment company in South Korea.

Thaifoods Group

Market Cap: ฿30.5b

Engages in the production and distribution of chicken and swine products in Thailand.

Sichuan Guoguang Agrochemical

Market Cap: CN¥7.0b

Engages in the research and development, manufacture, marketing, and distribution of agrochemical products and materials in China and internationally.