Global Undervalued Small Caps

Tristel

Market Cap: UK£170.9m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Altea Green Power

Market Cap: €125.3m

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

PORR

Market Cap: €1.2b

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

Kaufman & Broad

Market Cap: €558.9m

Operates as a property developer and builder in France.

Austriacard Holdings

Market Cap: €177.7m

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.

Gamma Communications

Market Cap: UK£921.6m

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

AKVA group

Market Cap: NOK 3.5b

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: ₹31.8b

Owns and operates hotels in India.

Plumas Bancorp

Market Cap: US$288.3m

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.

DHT Holdings

Market Cap: US$2.0b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Firan Technology Group

Market Cap: CA$259.8m

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

Limbach Holdings

Market Cap: US$1.1b

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

KH Neochem

Market Cap: JP¥95.4b

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

Security Bank

Market Cap: ₱52.7b

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

Cheerwin Group

Market Cap: HK$3.2b

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$9.3b

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.

Hu Lane Associate

Market Cap: NT$15.4b

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

Assetwise

Market Cap: ฿5.6b

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Palfinger

Market Cap: €1.2b

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

City Cement

Market Cap: ر.س2.1b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Afentra

Market Cap: UK£95.7m

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

Nagarro

Market Cap: €627.1m

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

Krsnaa Diagnostics

Market Cap: ₹26.2b

Provides diagnostic services in India.

British American Tobacco Bangladesh

Market Cap: ৳141.3b

Manufactures and sells cigarettes in Bangladesh.

Legacy Education

Market Cap: US$122.5m

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

CorMedix

Market Cap: US$949.2m

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$473.8m

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£200.7m

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

Visco Vision

Market Cap: NT$12.1b

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

Suzhou Alton Electrical & Mechanical Industry

Market Cap: CN¥6.5b

Suzhou Alton Electrical & Mechanical Industry Co., Ltd.

Consun Pharmaceutical Group

Market Cap: HK$13.0b

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

Genuit Group

Market Cap: UK£888.6m

Develops and produces solutions for water, climate, and ventilation management in the construction industry in the United Kingdom, rest of Europe, and internationally.

Rank Group

Market Cap: UK£588.6m

Engages in provision of gaming services in the United Kingdom, Europe, and internationally.

Auto Partner

Market Cap: zł2.4b

Imports and distributes spare parts for cars, light commercial vehicles, and motorcycles in Poland.

Breedon Group

Market Cap: UK£1.1b

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