Global Undervalued Small Caps

Metropolitan Bank Holding

Market Cap: US$800.4m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

Hanmi Financial

Market Cap: US$693.2m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

Firan Technology Group

Market Cap: CA$292.3m

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

Plumas Bancorp

Market Cap: US$302.2m

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.

ADENTRA

Market Cap: CA$744.6m

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.

Hackett Group

Market Cap: US$650.7m

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

Security Bank

Market Cap: ₱55.9b

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

Austriacard Holdings

Market Cap: €195.0m

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.

MC Group

Market Cap: ฿7.9b

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

Austevoll Seafood

Market Cap: NOK 19.7b

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.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.8b

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

CLIO CosmeticsLtd

Market Cap: ₩269.9b

Provides makeup products in South Korea and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥5.8b

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

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.

Afry

Market Cap: SEK 17.8b

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.

Kaufman & Broad

Market Cap: €612.7m

Operates as a property developer and builder in France.

ProCredit Holding

Market Cap: €536.0m

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

City Cement

Market Cap: ر.س2.4b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

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.

Visco Vision

Market Cap: NT$10.8b

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

Shenzhen KSTAR Science and Technology

Market Cap: CN¥13.4b

Shenzhen KSTAR Science and Technology Co., Ltd.

Furuya Metal

Market Cap: JP¥63.1b

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

STI

Market Cap: ₩268.4b

Operates in the semiconductor equipment industry in Korea.

AEON Credit Service (M) Berhad

Market Cap: RM 2.6b

Provides consumer financial services in Malaysia.

Nagarro

Market Cap: €727.3m

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

SBO

Market Cap: €468.1m

Manufactures and sells steel products worldwide.

Serabi Gold

Market Cap: UK£143.1m

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

Avidbank Holdings

Market Cap: US$188.0m

Operates as a bank holding company for Avidbank that provides financial solutions and services.

Lindsay Australia

Market Cap: AU$283.8m

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

Australian Clinical Labs

Market Cap: AU$550.0m

Provides pathology diagnostic services 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.

Italian Sea Group

Market Cap: €302.6m

Operates in the yachting industry.

Breedon Group

Market Cap: UK£1.2b

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

Vp

Market Cap: UK£216.5m

Provides equipment rental and related services in the United Kingdom and internationally.

LSL Property Services

Market Cap: UK£309.8m

Engages in the provision of business-to-business services to mortgage intermediaries and estate agent franchisees, and valuation services to lenders in the United Kingdom.

Equity Bancshares

Market Cap: US$760.0m

Operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers.