Global Undervalued Small Caps

Financial Partners GroupLtd

Market Cap: JP¥173.8b

Provides various financial products and services in Japan.

KUMHO Engineering & Construction

Market Cap: ₩152.6b

KUMHO Engineering & Construction Co., Ltd.

Inforich

Market Cap: JP¥18.0b

Offers portable power bank sharing services in Japan and internationally.

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.

Tong Ren Tang Technologies

Market Cap: HK$5.6b

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

Hantech

Market Cap: ₩420.9b

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

Wismilak Inti Makmur

Market Cap: Rp3.7t

Manufactures and sells cigarettes in Indonesia and internationally.

Deleum Berhad

Market Cap: RM 514.0m

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

Chaoju Eye Care Holdings

Market Cap: HK$1.9b

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

Alpha Data PJSC

Market Cap: د.إ1.7b

Offers system integration services.

Transrail Lighting

Market Cap: ₹62.6b

An engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally.

GPT Healthcare

Market Cap: ₹10.6b

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

Universal Vision Biotechnology

Market Cap: NT$12.9b

Operates a chain of eye care clinics in Taiwan and China.

Almawarid Manpower

Market Cap: ر.س2.0b

Provides recruitment services for domestic workers, expatriate labor services, and operates temporary employment agency for domestic services in the Kingdom of Saudi Arabia.

Tubacex

Market Cap: €413.3m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Photocure

Market Cap: NOK 1.9b

Engages in the research, development, production, distribution, marketing, and sale of pharmaceutical products.

BFF Bank

Market Cap: €1.6b

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Dom Development

Market Cap: zł6.9b

Engages in the development and sale of residential and commercial real estate properties, and related support activities in Poland.

Cambi

Market Cap: NOK 2.7b

Provides thermal hydrolysis solutions for sewage sludge and organic waste management in Europe, the Americas, Asia, Africa, and Oceania.

Sword Group

Market Cap: €370.4m

Provides IT and software solutions.

Bouvet

Market Cap: NOK 6.0b

Provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally.

Medios

Market Cap: €391.3m

Supplies specialty pharmaceutical drugs primarily in Germany.

Pharming Group

Market Cap: €1.2b

A biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally.

Ülker Bisküvi Sanayi

Market Cap: ₺47.6b

Manufactures, markets, and sells biscuits, chocolates, chocolate coated biscuits, wafers, and cakes in Turkey and internationally.

HBT Financial

Market Cap: US$891.4m

Operates as the bank holding company for Heartland Bank and Trust Company that provides financial products and services to consumers, businesses, and municipal entities in Illinois and Eastern Iowa.

Dexterra Group

Market Cap: CA$809.5m

Engages in the provision of support services for the creation, management, and operation of infrastructure in Canada.

LSI Industries

Market Cap: US$612.0m

Manufactures, markets, and sells non-residential lighting and retail display solutions in the United States.

Pollard Banknote

Market Cap: CA$531.9m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Betsson

Market Cap: SEK 14.4b

Through its subsidiaries, invests in and manages online gaming business in the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally.

SAXA

Market Cap: JP¥36.0b

Through its subsidiaries, develops, manufactures, and sells equipment and parts for information and communication systems in Japan.

Sunstone Development

Market Cap: CN¥13.1b

Engages in the research and development, production, and sales of prebaked carbon anodes for the aluminum industry in China and internationally.

Round One

Market Cap: JP¥291.1b

Operates indoor leisure complex facilities.

BORETECH Resource Recovery Engineering

Market Cap: NT$4.4b

BORETECH Resource Recovery Engineering CO., LTD.

Nakamoto PacksLtd

Market Cap: JP¥17.8b

Provides gravure printing services in Japan and internationally.

Aeris Resources

Market Cap: AU$712.5m

Explores, produces, and sells precious metals in Australia.

Nikkiso

Market Cap: JP¥117.7b

Engages in industrial, aerospace, and medical businesses worldwide.