Global Undervalued Small Caps

Catalyst Metals

Market Cap: AU$1.4b

Explores and evaluates mineral properties in Australia.

Karmarts

Market Cap: ฿10.3b

Engages in the manufacturing, packaging, import, and distribution of cosmetics and consumer products in Thailand.

AirAsia X Berhad

Market Cap: RM 728.7m

Provides long haul air transportation services under the AirAsia brand in Malaysia, Thailand, and Indonesia.

Korea Petrochemical Ind

Market Cap: ₩625.6b

Engages in the production and supply of petrochemicals in Korea and internationally.

Lim Seong Hai Capital Berhad

Market Cap: RM 670.7m

An investment holding company, provides construction and related services and solutions in Malaysia.

Kangji Medical Holdings

Market Cap: HK$9.9b

An investment holding company, designs, develops, manufactures, and sells minimally invasive surgical instruments and accessories in Mainland China and internationally.

361 Degrees International

Market Cap: HK$10.6b

An investment holding company, manufactures and trades in sporting goods in the People’s Republic of China.

Murapol

Market Cap: zł1.6b

Engages in residential real estate development in Poland.

All for One Group

Market Cap: €234.4m

Provides business software solutions for SAP, Microsoft, and IBM in Germany, Switzerland, Austria, Poland, Luxembourg, and internationally.

ADLPartner

Market Cap: €104.9m

Provides marketing solutions in France and internationally.

Develia

Market Cap: zł3.4b

Through its subsidiaries, buys, develops, rents, manages, and sells real estate properties in Poland.

Wilmington

Market Cap: UK£294.6m

Provides data, information, training, and education solutions to professional markets in the United Kingdom, the United States, rest of Europe, and internationally.

StarragTornos Group

Market Cap: CHF 180.8m

Develops, manufactures, and distributes precision machine tools for milling, turning, boring, grinding, and machining of work pieces of metal, composite materials, and ceramics.

SHINSEGAE FOOD

Market Cap: ₩156.1b

Engages in the food manufacture, food distribution, eating and drinking, and consignment meal service businesses in South Korea.

Nanjing COSMOS Chemical

Market Cap: CN¥7.4b

Engages in the research, development, production, and sale of daily chemical raw materials in China and internationally.

Rigaku Holdings

Market Cap: JP¥165.3b

Manufactures and sells scientific instruments focuses on x-ray technologies in Japan, Asia, the United States, Europe, the Middle East, and Africa.

Alamar Foods

Market Cap: ر.س1.4b

Alamar Foods Company, together with its subsidiaries, establishes, operates, and manages quick service restaurants in the Middle East, North Africa, and Pakistan.

Elica

Market Cap: €85.4m

Designs, manufactures, and sells kitchen aspiration systems in Europe, the Middle East, Africa, the United States, Asia, and internationally.

Foresight Group Holdings

Market Cap: UK£506.7m

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

CAB Payments Holdings

Market Cap: UK£124.4m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, development organizations, supranationals, and governments in the United Kingdom and internationally.

Arise

Market Cap: SEK 1.4b

Operates in the renewable energy sector.

Yamaichi ElectronicsLtd

Market Cap: JP¥47.5b

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

Magellan Aerospace

Market Cap: CA$1.1b

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

Lassonde Industries

Market Cap: CA$1.5b

Develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, frozen juice concentrates, and specialty food products in Canada, the United States, and internationally.

Bird Construction

Market Cap: CA$1.6b

Provides construction services in Canada.

Atlanticus Holdings

Market Cap: US$870.4m

A financial technology company, provides products and services to lenders in the United States.

OP Bancorp

Market Cap: US$209.1m

Operates as the bank holding company for Open Bank that provides banking products and services.

Dimed Distribuidora de Medicamentos

Market Cap: R$1.4b

Sells medicines, perfumeries, personal care and beauty products, cosmetics, and dermo-cosmetics in Brazil.

Harmony Biosciences Holdings

Market Cap: US$1.8b

A commercial-stage pharmaceutical company, focuses on developing and commercializing therapies for patients with rare and other neurological diseases in the United States.

Guizhou Chanhen Chemical

Market Cap: CN¥13.7b

Engages in the mining and beneficiation of phosphate and processing of phosphorus in China.

SuzukiLtd

Market Cap: JP¥25.3b

Manufactures and sells connectors for car electronics parts in Japan.

Eaglerise Electric & Electronic (China)

Market Cap: CN¥6.3b

Eaglerise Electric & Electronic (China) Co., Ltd.

Inforich

Market Cap: JP¥25.6b

Offers portable power bank sharing services in Japan.

Shanghai Bright Meat Group

Market Cap: CN¥6.8b

Engages in the production, manufacture, and distribution of food products in China.

NTG Nordic Transport Group

Market Cap: DKK 4.2b

Provides asset-light freight forwarding services through road, rail, air, and ocean in Denmark, Sweden, the United States, Germany, Finland, and internationally.

FreeBit

Market Cap: JP¥29.6b

Operates as an Internet business support company.