Global Undervalued Small Caps

Richardson Electronics

Market Cap: US$157.7m

Provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America.

Karooooo

Market Cap: US$1.3b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

Ranger Energy Services

Market Cap: US$324.9m

Provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States.

Magellan Aerospace

Market Cap: CA$1.3b

Through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

Foresight Group Holdings

Market Cap: UK£503.9m

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

Bird Construction

Market Cap: CA$1.6b

Provides construction services in Canada.

SIGA Technologies

Market Cap: US$476.9m

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

Fiverr International

Market Cap: US$579.8m

Operates an online marketplace worldwide.

Oddity Tech

Market Cap: US$2.0b

Operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally.

Truecaller

Market Cap: SEK 5.1b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Hantech

Market Cap: ₩420.9b

Produces and sells chemical process equipment/storage tanks and cryogenic containers in South Korea.

Cogstate

Market Cap: AU$394.6m

A neuroscience solutions company, engages in the creation, validation, and commercialization of digital brain health assessments worldwide.

Xinjiang Qingsong Building Materials and Chemicals Group

Market Cap: CN¥7.3b

Xinjiang Qingsong Building Materials and Chemicals Group Co., Ltd.

Jiangsu Tongxingbao Intelligent Transportation Technology

Market Cap: CN¥8.9b

Provides smart transportation platform solutions for highways, trunk roads, and urban transportation in China.

Jiangsu Sinopep-Allsino Biopharmaceutical

Market Cap: CN¥11.9b

A biomedical company, engages in the research and development, production, and sale of peptides, oligonucleotides, and small molecule drugs in China.

Alpha Data PJSC

Market Cap: د.إ1.7b

Offers system integration services.

YouYou Foods

Market Cap: CN¥5.8b

Provides food products in China.

FDC International Hotels

Market Cap: NT$4.4b

Operates and manages international tourist hotels in Taiwan.

Deleum Berhad

Market Cap: RM 514.0m

An investment holding company, provides products and services to the oil and gas industries primarily in Malaysia.

Yantai North Andre JuiceLtd

Market Cap: HK$14.0b

Engages in the production and sale of fruit and vegetable juices in China.

OPTEX GROUP Company

Market Cap: JP¥90.2b

Engages in planning, development, and sale of sensors in Japan, the United States, Europe, and Asia.

Zibuyu Group

Market Cap: HK$1.6b

An investment holding company, operates as a cross-border e-commerce company in China.

Wismilak Inti Makmur

Market Cap: Rp3.7t

Manufactures and sells cigarettes in Indonesia and internationally.

Financial Partners GroupLtd

Market Cap: JP¥173.8b

Provides various financial products and services in Japan.

CURVES HOLDINGS

Market Cap: JP¥70.3b

Engages in the operation and management of fitness club for women under the Curves brand name in Japan and internationally.

Chaoju Eye Care Holdings

Market Cap: HK$1.9b

Owns and operates a network of ophthalmic hospitals and optical centers in China.

Tong Ren Tang Technologies

Market Cap: HK$5.6b

Produces and distributes Chinese medicine products in Mainland China and Hong Kong.

GPT Healthcare

Market Cap: ₹10.6b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

KUMHO Engineering & Construction

Market Cap: ₩152.6b

KUMHO Engineering & Construction Co., Ltd.

Atalaya Mining Copper

Market Cap: UK£1.3b

Engages in the mineral exploration and development in Spain.

Nascon Allied Industries

Market Cap: ₦297.8b

Manufactures and sells refined, edible, and grade salt in Nigeria.

innoscripta

Market Cap: €818.0m

Provides software-as-a-service for managing research and development (R&D) tax incentives and project management consulting in Germany.

ITAB Shop Concept

Market Cap: SEK 4.9b

Develops, manufactures, sells, and installs store concepts for retail chain stores.

TCM Group

Market Cap: DKK 679.8m

Manufactures and sells kitchen and furniture products for bathrooms and storage in Denmark, Norway, and internationally.

Ringmetall

Market Cap: €85.5m

Develops, produces, and markets packaging solutions for industrial drums in Germany and internationally.

Detection Technology Oyj

Market Cap: €164.1m

Engages in the provision of X-ray detector solutions for industrial, medical, and security applications in Finland and internationally.