Global Undervalued Small Caps

Kitwave Group

Market Cap: UK£207.7m

Engages in the food and drink wholesale business in the United Kingdom.

Wirtualna Polska Holding

Market Cap: zł2.4b

Through its subsidiaries, engages in the media, advertising, and e-commerce businesses in Poland.

Integrated Diagnostics Holdings

Market Cap: US$186.0m

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

MetroCity Bankshares

Market Cap: US$755.7m

Operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.

J.Jill

Market Cap: US$237.3m

Operates as an omnichannel retailer for women’s apparel in the United States.

RMR Group

Market Cap: US$541.3m

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

Meridian

Market Cap: US$155.9m

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

Mistras Group

Market Cap: US$252.8m

Provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific.

Tactile Systems Technology

Market Cap: US$235.5m

A medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States.

SIGA Technologies

Market Cap: US$477.9m

A commercial-stage pharmaceutical company, focuses on the health security market in the United States.

Updater Services

Market Cap: ₹19.6b

Operates an integrated business services platform in India.

MeHow Innovative

Market Cap: CN¥10.3b

Designs, develops, manufactures, and sells precision medical device components and products in China and internationally.

Tharisa

Market Cap: R6.2b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United States, Australia, Japan, and internationally.

Marubun

Market Cap: JP¥27.1b

Distributes electronics products in Japan and internationally.

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.

Sichuan Guoguang Agrochemical

Market Cap: CN¥7.1b

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

Soop

Market Cap: ₩970.8b

Operates as an entertainment company in South Korea.

Gakujo

Market Cap: JP¥23.8b

Provides recruitment solutions to companies.

Allied Machinery

Market Cap: CN¥4.9b

Designs, researches and develops, produces, and sells high-precision mechanical parts and precision cavity mold products in China and the United States.

China State Construction Development Holdings

Market Cap: HK$3.4b

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

Japan Electronic Materials

Market Cap: JP¥29.3b

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

HDC HOLDINGSLtd

Market Cap: ₩1.2t

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

Nishio Holdings

Market Cap: JP¥111.3b

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

PILLAR

Market Cap: JP¥88.5b

Designs, develops, manufactures, and sells various fluid control equipment in Japan.

KginicisLtd

Market Cap: ₩296.0b

Operates as a electronic payment company in Korea.

GreensLtd

Market Cap: JP¥27.4b

Operates a chain of hotels in Japan.

SISB

Market Cap: ฿14.0b

Provides educational services in Thailand.

Japan Eyewear Holdings

Market Cap: JP¥53.6b

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

Solstad Offshore

Market Cap: NOK 3.7b

Owns and operates offshore service vessels.

Klinique Medical Clinic

Market Cap: ฿4.8b

Provides skin medical treatment services under the Klinique brand name in Thailand.

IDP Education

Market Cap: AU$1.1b

Engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, New Zealand, and Ireland.

Mimaki Engineering

Market Cap: JP¥54.4b

Develops, manufactures, and sells computer devices and software in Japan and internationally.

Se Gyung Hi Tech

Market Cap: ₩214.9b

Engages in the manufacture and sale of electronic equipment parts.

SERAKU

Market Cap: JP¥21.8b

Operates as internet system integrator in Japan.

Tsuburaya Fields Holdings

Market Cap: JP¥135.9b

Engages in the content-related businesses in Japan.

I-ne

Market Cap: JP¥28.6b

Engages in the planning, development, operation, manufacturing, and sale of cosmetics, beauty appliances, and other beauty-related products in Japan.