Global Undervalued Small Caps

Thanh Cong Textile Garment Investment Trading

Market Cap: ₫3.0t

Engages in textile and garment manufacturing, fashion retail, real estate, and trademarks business in Vietnam and internationally.

Jinmao Property Services

Market Cap: HK$2.3b

An investment holding company, provides property management services in the People’s Republic of China.

Universal Vision Biotechnology

Market Cap: NT$12.9b

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

Tokyo Electron Device

Market Cap: JP¥106.3b

A technology trading company, engages in the electronic components and computer networks businesses worldwide.

SAXA

Market Cap: JP¥37.8b

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

Medios

Market Cap: €414.7m

Supplies specialty pharmaceutical drugs primarily in Germany.

Bouvet

Market Cap: NOK 6.0b

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

Dom Development

Market Cap: zł6.8b

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

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.

Aeris Resources

Market Cap: AU$712.5m

Explores, produces, and sells precious metals in Australia.

Asia CementLtd

Market Cap: ₩433.7b

Engages in the manufacture and sale of cement and ready-mixed concrete in South Korea.

Man Industries (India)

Market Cap: ₹23.5b

Manufactures, processes, sells, and trades in submerged arc-welded pipes and steel products in India.

Tokyu Construction

Market Cap: JP¥145.2b

Engages in the civil engineering and building construction businesses in Japan.

Relo Group

Market Cap: JP¥273.5b

Engages in the provision of property management services in Japan.

E.I.D.- Parry (India)

Market Cap: ₹156.2b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Forth Corporation

Market Cap: ฿5.7b

Engages in the manufacture and distribution of electronic equipment in Thailand, Netherlands, United States of America, and internationally.

Hollywood Bowl Group

Market Cap: UK£461.3m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

Photocure

Market Cap: NOK 1.9b

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

Proact IT Group

Market Cap: SEK 2.7b

Provides data and information management services with cloud services and data center solutions in Sweden, the United Kingdom, the Netherlands, Germany, 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.

Cambi

Market Cap: NOK 2.8b

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

Pharming Group

Market Cap: €1.1b

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.

Tubacex

Market Cap: €417.0m

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

SP Group

Market Cap: DKK 4.4b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

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.

Scope Fluidics

Market Cap: zł456.2m

A biotechnology company, designs and develops projects based on microfluidic technologies in medical diagnostics and healthcare in Poland.

Newron Pharmaceuticals

Market Cap: CHF 430.3m

A biopharmaceutical company, discovers and develops novel therapies for patients with diseases of the central and peripheral nervous system in Italy and the United States.

Azzas 2154

Market Cap: R$5.0b

Engages in the development and marketing of women's, men's and children's footwear, handbags, accessories, and clothing in Brazil and internationally.

Third Coast Bancshares

Market Cap: US$588.0m

Operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in the United States.

MiMedx Group

Market Cap: US$779.0m

Develops and distributes placental tissue allografts for various sectors of healthcare.

Moura Dubeux Engenharia

Market Cap: R$2.2b

Provides real estate development services in Brazil.

Skyward Specialty Insurance Group

Market Cap: US$2.0b

An insurance holding company, underwrites commercial property and casualty insurance products in the United States.

Vital Farms

Market Cap: US$1.3b

A food company, packages, markets, and distributes shell eggs, butter, and other products in the United States.

Shenzhen Lifotronic Technology

Market Cap: CN¥6.1b

Research, develops, manufactures, and markets medical devices for diagnostics, therapy, clinical medicine, skin, and human health related purposes in China.

Soilbuild Construction Group

Market Cap: S$635.4m

An investment holding company, engages in the residential and business space properties construction in Singapore, Myanmar, Malaysia, and internationally.