Global Undervalued Small Caps

CLIO CosmeticsLtd

Market Cap: ₩278.6b

Provides makeup products in South Korea and internationally.

MC Group

Market Cap: ฿8.0b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Jinzai Food GroupLtd

Market Cap: CN¥5.8b

Engages in the research, development, production, and sale of snack foods in China.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.5b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Plumas Bancorp

Market Cap: US$296.7m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Kaufman & Broad

Market Cap: €607.8m

Operates as a property developer and builder in France.

ADENTRA

Market Cap: CA$735.5m

Engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States.

PORR

Market Cap: €1.1b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Firan Technology Group

Market Cap: CA$284.7m

Manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, and China.

Austriacard Holdings

Market Cap: €194.3m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

Afry

Market Cap: SEK 17.2b

Provides engineering, design, and advisory services for the infrastructure, industry, and energy sectors in the Nordics, North America, South America, Asia, rest of Europe, and internationally.

ProCredit Holding

Market Cap: €534.8m

Provides commercial banking products and services for small and medium enterprises and private customers in Europe, South America, and Germany.

Security Bank

Market Cap: ₱56.8b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Hackett Group

Market Cap: US$642.4m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

Austevoll Seafood

Market Cap: NOK 19.2b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Gamma Communications

Market Cap: UK£1.0b

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Shenzhen KSTAR Science and Technology

Market Cap: CN¥13.3b

Shenzhen KSTAR Science and Technology Co., Ltd.

AEON Credit Service (M) Berhad

Market Cap: RM 2.6b

Provides consumer financial services in Malaysia.

STI

Market Cap: ₩277.2b

Operates in the semiconductor equipment industry in Korea.

United Electronics

Market Cap: ر.س6.7b

Engages in the wholesale and retail trade of electric appliances, electronic gadgets, computers and their spare parts and accessories, furniture, and office equipment and tools in the Kingdom of Saudi Arabia and internationally.

City Cement

Market Cap: ر.س2.3b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Nagarro

Market Cap: €719.7m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

SBO

Market Cap: €463.3m

Manufactures and sells steel products worldwide.

Byrna Technologies

Market Cap: US$487.0m

A less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.

Visco Vision

Market Cap: NT$10.5b

Manufactures and sells silicone hydrogel contact lenses in Asia, Europe, and the Americas.

Serabi Gold

Market Cap: UK£141.6m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Furuya Metal

Market Cap: JP¥61.2b

Manufactures and sells industrial-use precious metal products and temperature sensors in Japan.

Australian Clinical Labs

Market Cap: AU$548.1m

Provides pathology diagnostic services in Australia.

Eastern CompanyE

Market Cap: ج.م97.8b

Manufactures and sells tobacco products in Egypt and internationally.

Synektik Spólka Akcyjna

Market Cap: zł1.8b

Provides products, services, and IT solutions for surgery, diagnostic imaging, and nuclear medicine applications in Poland.

Italian Sea Group

Market Cap: €297.3m

Operates in the yachting industry.

Breedon Group

Market Cap: UK£1.3b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

Lindsay Australia

Market Cap: AU$267.4m

Provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia.

MONY Group

Market Cap: UK£1.1b

Engages in the provision of price comparison and lead generation services through its websites and applications in the United Kingdom.

Verint Systems

Market Cap: US$1.3b

Provides customer engagement solutions worldwide.

PixArt Imaging

Market Cap: NT$29.8b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.