Global Undervalued Small Caps

PeptiDream

Market Cap: JP¥248.4b

A biopharmaceutical company, engages in the discovery and development of constrained peptides, small molecules, and peptide-drug conjugate therapeutics.

Bairong

Market Cap: HK$3.6b

Operates as a cloud-based AI turnkey services provider in China.

Jumbo Interactive

Market Cap: AU$640.1m

Engages in the retail of lottery tickets through internet and mobile devices in Australia, the United Kingdom, Canada, Fiji, and internationally.

ANE (Cayman)

Market Cap: HK$9.6b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Bombay Burmah Trading Corporation

Market Cap: ₹120.1b

Engages in the tea and coffee plantations, auto electric components, healthcare, and real estate businesses in India and internationally.

MATSUDA SANGYO

Market Cap: JP¥91.9b

Engages in the precious metals, environmental, and food businesses in Japan.

Shinnihonseiyaku

Market Cap: JP¥50.6b

Provides cosmetics, pharmaceuticals, and health food in Japan and internationally.

Johnson Service Group

Market Cap: UK£596.1m

Provides textile rental and related services in the United Kingdom and Ireland.

OC Oerlikon

Market Cap: CHF 1.2b

Provides surface engineering, polymer processing, and additive manufacturing services in Europe, the Americas, and the Asia-Pacific.

New Wave Group

Market Cap: SEK 15.5b

Designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally.

Gaming Realms

Market Cap: UK£129.2m

Develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, Malta, Gibraltar, and internationally.

Elkem

Market Cap: NOK 12.0b

Engages in the provision of advanced material solutions worldwide.

M1 Kliniken

Market Cap: €286.1m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Constellium

Market Cap: US$1.6b

Engages in the design, manufacture, and sale of rolled and extruded aluminum products for the aerospace, packaging, automotive, commercial transportation, general industrial, and defense end-markets.

Dingdong (Cayman)

Market Cap: US$518.6m

Operates an e-commerce company in China.

Gambling.com Group

Market Cap: US$486.6m

Operates as a performance marketing company for the online gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

Knights Group Holdings

Market Cap: UK£141.3m

Provides legal and professional services in the United Kingdom.

Prosegur Cash

Market Cap: €1.2b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

HD Renewable Energy

Market Cap: NT$25.7b

HD Renewable Energy Co., LTD. engages in the generation and sale of electricity in Taiwan.

Regal Partners

Market Cap: AU$816.9m

A privately owned hedge fund sponsor.

Net Insight

Market Cap: SEK 990.5m

Provides media network solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

ShaMaran Petroleum

Market Cap: CA$558.0m

Engages in the oil and gas exploration and production.

Pinthong Industrial Park

Market Cap: ฿6.8b

Engages in the industrial real estate projects development and building rental activities in Thailand.

E.I.D.- Parry (India)

Market Cap: ₹148.8b

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

Zhongman Petroleum and Natural Gas GroupLtd

Market Cap: CN¥7.6b

An oil and gas company, engages in the drilling and completion engineering services, and petroleum equipment manufacturing businesses.

Man Industries (India)

Market Cap: ₹16.9b

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

Shanghai Haohai Biological Technology

Market Cap: HK$11.5b

Shanghai Haohai Biological Technology Co., Ltd.

Electrolux Professional

Market Cap: SEK 17.1b

Engages in the provision of food service, beverage, and laundry products and solutions to restaurants, hotels, healthcare, educational, and other service facilities.

Yoshimura Food Holdings K.K

Market Cap: JP¥22.1b

Manufactures and sells food products in Japan.

Mid Penn Bancorp

Market Cap: US$546.7m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

Alltop Technology

Market Cap: NT$14.9b

Engages in the research, design, development, manufacture, and sale of electronic connectors in Taiwan and China.

Next Geosolutions Europe

Market Cap: €410.9m

Provides geoscience and engineering services for energy, infrastructure, and utilities sectors.

ZeusLtd

Market Cap: ₩409.7b

Provides semiconductor, robot, and display total solutions in South Korea and internationally.

National Energy Services Reunited

Market Cap: US$597.4m

Provides oilfield services in the Middle East and North Africa region.

Duopharma Biotech Berhad

Market Cap: RM 1.2b

An investment holding company, researches, develops, manufactures, distributes, and imports pharmaceutical products and medicines in Malaysia and internationally.

DAIHEN

Market Cap: JP¥152.0b

Manufactures and sells transformers, welding machines, and industrial and clean transport robots.