Global Undervalued Small Caps

Indian Metals and Ferro Alloys

Market Cap: ₹63.6b

Engages in the production and sale of ferro chrome in India and internationally.

CURVES HOLDINGS

Market Cap: JP¥71.7b

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

Cogstate

Market Cap: AU$367.8m

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

Austco Healthcare

Market Cap: AU$144.3m

Engages in the business of development, manufacture, service, supply, and distribution of healthcare communications equipment and software in Australia, New Zealand, Asia, Europe, and North America.

OPTEX GROUP Company

Market Cap: JP¥99.3b

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

DCB Bank

Market Cap: ₹54.5b

Provides various banking and financial products and services in India.

Gloria Material Technology

Market Cap: NT$19.4b

Engages in smelting, manufacturing, processing and sales of steel in Taiwan, the United States, China, and internationally.

FreeBit

Market Cap: JP¥33.9b

Operates as a supporting Internet business, and broadband business company.

Yantai North Andre JuiceLtd

Market Cap: HK$12.7b

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

Wuhan Keqian BiologyLtd

Market Cap: CN¥7.4b

Focuses on the research and development, production, sales, and animal epidemic prevention technical services of veterinary biological products in China.

KUMHO Engineering & Construction

Market Cap: ₩185.2b

KUMHO Engineering & Construction Co., Ltd.

Zhejiang Meili High Technology

Market Cap: CN¥5.8b

Engages in the research and development, production, and sale of high-end spring products in China and internationally.

GPT Healthcare

Market Cap: ₹10.2b

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

DigiPlus Interactive

Market Cap: ₱87.2b

Through its subsidiaries, operates as a digital entertainment company in the Philippines.

Focus Technology

Market Cap: CN¥13.3b

Operates e-commerce platforms in the People’s Republic of China and internationally.

CPH Group

Market Cap: CHF 387.3m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.

Detection Technology Oyj

Market Cap: €154.6m

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

innoscripta

Market Cap: €745.0m

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

SpareBank 1 Nord-Norge

Market Cap: NOK 15.8b

Provides banking services in Northern Norway.

Sylvania Platinum

Market Cap: UK£272.9m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Fine Foods & Pharmaceuticals N.T.M

Market Cap: €255.5m

Fine Foods & Pharmaceuticals N.T.M. S.p.A.

Tesmec

Market Cap: €94.6m

Designs, manufactures, and sells products, technologies, and integrated solutions for the construction, maintenance, and efficiency of infrastructures related to the transport and distribution of energy, data, and material.

Gestamp Automoción

Market Cap: €1.7b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

Incap Oyj

Market Cap: €294.5m

Provides electronics manufacturing services in Europe, North America, and Asia.

ITAB Shop Concept

Market Cap: SEK 3.7b

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

AcadeMedia

Market Cap: SEK 10.1b

Operates as an independent education provider in Sweden, Finland, Norway, the Netherlands, and Germany.

TXT e-solutions

Market Cap: €363.2m

Provides software and service solutions in Italy and internationally.

Qt Group Oyj

Market Cap: €492.8m

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

Gränges

Market Cap: SEK 16.5b

Engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas.

Lindab International

Market Cap: SEK 12.4b

Manufactures and sells products and solutions for ventilation systems in Sweden, Denmark, Germany, France, the United Kingdom, Norway, Ireland, and internationally.

Bowhead Specialty Holdings

Market Cap: US$735.7m

Provides commercial specialty property and casualty insurance products in the United States.

Imperial Petroleum

Market Cap: US$214.3m

Provides seaborne transportation services worldwide.

First Community

Market Cap: US$215.7m

Operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals.

Udemy

Market Cap: US$695.1m

A learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

AcrobiosystemsLtd

Market Cap: CN¥7.5b

Engages in the development and manufacture of recombinant proteins, antibodies, and other biological reagents for pharmaceutical and biotechnology companies, and scientific research institutions.

Suzhou Shihua New Material Technology

Market Cap: CN¥9.5b

Suzhou Shihua New Material Technology Co., Ltd.