Global Undervalued Small Caps

Betterware de MéxicoP.I. de

Market Cap: US$665.2m

Operates as a direct-to-consumer selling company in the United States and Mexico.

Calfrac Well Services

Market Cap: CA$652.7m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Security Bank

Market Cap: ₱50.0b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥6.5b

Chongqing Baiya Sanitary Products Co., Ltd.

SILICON2

Market Cap: ₩2.1t

Engages in the distribution of cosmetics products worldwide.

Assetwise

Market Cap: ฿6.1b

Engages in property development and other real estate activities in Thailand.

Trisul

Market Cap: R$1.0b

Engages in the construction and development of real estate properties in Brazil.

Iochpe-Maxion

Market Cap: R$1.4b

Produces and sells automotive wheels and structural components in Brazil, North America, South America, Europe, the Middle East, Africa, Asia, and internationally.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.3b

Develops and builds residential and non-residential properties primarily in Brazil.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥11.2b

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

Aurelia Metals

Market Cap: AU$474.2m

Engages in the exploration and production of mineral properties in Australia.

Embla Medical hf

Market Cap: DKK 11.3b

Provides non-invasive orthopedic products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

ProCredit Holding

Market Cap: €483.6m

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

Grupa Pracuj

Market Cap: zł3.0b

Operates HR technology platform in Poland, Ukraine, and Germany.

CellaVision

Market Cap: SEK 3.2b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Parex Resources

Market Cap: CA$2.1b

Engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.

Grupo SBF

Market Cap: R$2.3b

Engages in the sale of sporting goods and leisure products in Brazil.

Martinrea International

Market Cap: CA$698.0m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally.

United Electronics

Market Cap: ر.س5.4b

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.

BRC Asia

Market Cap: S$1.2b

Engages in the prefabrication of steel reinforcement for use in concrete in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India, and internationally.

VSTECS Holdings

Market Cap: HK$12.4b

An investment holding company, develops information technology IT product channel and provides technical solution integration services in North Asia and Southeast Asia.

McBride

Market Cap: UK£264.0m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

Consun Pharmaceutical Group

Market Cap: HK$10.8b

Produces and sells pharmaceutical products in Mainland China.

Palfinger

Market Cap: €1.2b

Provides hydraulic lifting solutions in Austria and internationally.

Village Farms International

Market Cap: US$216.0m

Produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America and Netherlands.

NEUCA

Market Cap: zł3.2b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Capacit'e Infraprojects

Market Cap: ₹21.7b

Engages in the engineering, procurement, and construction business in India.

Mahindra Logistics

Market Cap: ₹37.0b

Provides integrated logistics solutions in India and internationally.

Hugel

Market Cap: ₩3.0t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

Murapol

Market Cap: zł1.6b

Engages in residential real estate development buisness in Poland.

SDI Group

Market Cap: UK£91.6m

Designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide.

Power Solutions International

Market Cap: US$875.7m

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, the rest of North America, the Pacific Rim, Europe, and internationally.

Pason Systems

Market Cap: CA$946.2m

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally.

Logan Energy

Market Cap: CA$574.0m

Engages in the exploration, development, and production of crude oil and natural gas properties.

Viant Technology

Market Cap: US$772.6m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

TIMAH

Market Cap: Rp25.9t

Engages in tin mining and smelting operations in Indonesia and internationally.