Global Undervalued Small Caps

Bytes Technology Group

Market Cap: UK£599.4m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

FirstSun Capital Bancorp

Market Cap: US$1.0b

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 the United States.

Orion Group Holdings

Market Cap: US$438.5m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

Quartix Technologies

Market Cap: UK£102.7m

Engages in the design, development, marketing, and delivery of vehicle telematics services in the United Kingdom, France, the United States, and other European Territories.

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.

FRP Advisory Group

Market Cap: UK£250.1m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Grupa Pracuj

Market Cap: zł2.6b

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

Zevra Therapeutics

Market Cap: US$553.1m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

LiveRamp Holdings

Market Cap: US$1.7b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Future

Market Cap: JP¥142.5b

Provides IT consulting and services primarily in Japan.

Trisul

Market Cap: R$1.3b

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

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.7b

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

Duc Giang Chemicals Group

Market Cap: ₫19.9t

Manufactures industrial products in Vietnam.

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

Security Bank

Market Cap: ₱50.1b

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

Inspur Digital Enterprise Technology

Market Cap: HK$3.7b

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.

Aux Electric

Market Cap: HK$15.3b

Engages in the manufacturing, sales, and marketing of air conditioners.

Cheerwin Group

Market Cap: HK$2.9b

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.

Vikram Solar

Market Cap: ₹69.7b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Indegene

Market Cap: ₹106.6b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

United Electronics

Market Cap: ر.س5.9b

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.

Voxel

Market Cap: zł1.2b

Provides medical services in Poland.

Telecom Plus

Market Cap: UK£1.0b

Provides utility services in the United Kingdom.

Boozt

Market Cap: SEK 5.3b

Sells fashion, apparel, shoes, accessories, kids, home, sports, and beauty products online.

Gibraltar Industries

Market Cap: US$1.2b

Manufactures and provides products and services for the residential, agtech, and infrastructure markets in the United States and internationally.

Mensch und Maschine Software

Market Cap: €554.1m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

Ependion

Market Cap: SEK 3.0b

Provides digital solutions for secure control, management, visualization, and data communication for industrial applications.

Palfinger

Market Cap: €1.3b

Provides hydraulic lifting solutions in Austria and internationally.

Atea

Market Cap: NOK 15.2b

Provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions.

Grupo SBF

Market Cap: R$2.5b

Grupo SBF S.A. retails and wholesales sports and leisure products in Brazil.

Village Farms International

Market Cap: US$308.5m

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

Nagarro

Market Cap: €553.0m

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

Flotek Industries

Market Cap: US$589.9m

Operates as a chemical and data analytics company in the United States, the United Arab Emirates, and internationally.

Hacksaw

Market Cap: SEK 16.6b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

Lifedrink Company

Market Cap: JP¥55.2b

Manufactures and sells soft drinks in Japan.