Global Undervalued Small Caps

E7 Group PJSC

Market Cap: د.إ2.1b

Engages in commercial printing, packaging, and distribution business in the United Arab Emirates.

Assetwise

Market Cap: ฿5.5b

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

Middle East Healthcare

Market Cap: ر.س4.2b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

AKVA group

Market Cap: NOK 3.2b

Designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry.

Apeejay Surrendra Park Hotels

Market Cap: ₹31.6b

Owns and operates hotels in India.

Kaufman & Broad

Market Cap: €554.0m

Operates as a property developer and builder in France.

PORR

Market Cap: €1.0b

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

Gamma Communications

Market Cap: UK£898.6m

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

Altea Green Power

Market Cap: €116.2m

Supplies and manages renewable energy plants in Italy and the United States.

FirstSun Capital Bancorp

Market Cap: US$923.9m

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington.

Aurelia Metals

Market Cap: AU$372.4m

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

Propel Holdings

Market Cap: CA$996.4m

Operates as a financial technology company.

KH Neochem

Market Cap: JP¥88.6b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Limbach Holdings

Market Cap: US$1.1b

Operates as a building systems solution company in the United States.

Firan Technology Group

Market Cap: CA$279.4m

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

Hu Lane Associate

Market Cap: NT$15.8b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Converge Information and Communications Technology Solutions

Market Cap: ₱89.9b

Converge Information and Communications Technology Solutions, Inc.

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Cheerwin Group

Market Cap: HK$3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Inspur Digital Enterprise Technology

Market Cap: HK$9.0b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

British American Tobacco Bangladesh

Market Cap: ৳133.3b

Manufactures and sells cigarettes in Bangladesh.

R&S Group Holding

Market Cap: CHF 944.7m

Manufactures and supplies electrical infrastructure products the United Kingdom, Switzerland, Ireland, Italy, Poland, and the Middle East.

Palfinger

Market Cap: €1.2b

Produces and sells crane and lifting solutions in Austria and internationally.

Afentra

Market Cap: UK£104.0m

Operates as an upstream oil and gas company primarily in Africa.

Krsnaa Diagnostics

Market Cap: ₹25.1b

Provides diagnostic services in India.

Nagarro

Market Cap: €584.9m

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

Cairn Homes

Market Cap: UK£1.0b

Operates as homebuilder in Ireland.

Legacy Education

Market Cap: US$108.8m

Provides education services to students, high school graduates, and working parents in the United States.

CorMedix

Market Cap: US$894.7m

A biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States.

Byrna Technologies

Market Cap: US$449.7m

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.

Serabi Gold

Market Cap: UK£181.8m

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

Visco Vision

Market Cap: NT$12.6b

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

Accent Group

Market Cap: AU$736.5m

Engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand.

Plano & Plano Desenvolvimento Imobiliário

Market Cap: R$2.9b

Through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region.

PHX Energy Services

Market Cap: CA$343.4m

Provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally.

Consun Pharmaceutical Group

Market Cap: HK$12.7b

Researches and develops, manufactures, and sells Chinese medicines and medical contrast medium products in the People’s Republic of China.