Global Undervalued Small Caps

ADENTRA

Market Cap: CA$743.1m

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.

Plumas Bancorp

Market Cap: US$299.5m

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.

GPS Participações e Empreendimentos

Market Cap: R$10.6b

Together its subsidiaries, engages in the provision of facilities, security, logistics, utility engineering, industrial service, catering, and infrastructure services in Brazil.

Austriacard Holdings

Market Cap: €196.4m

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.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.1b

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: ₩283.4b

Provides makeup products in South Korea and internationally.

Austevoll Seafood

Market Cap: NOK 19.0b

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.

KH Neochem

Market Cap: JP¥94.6b

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

MC Group

Market Cap: ฿8.0b

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

Firan Technology Group

Market Cap: CA$289.0m

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

Jinzai Food GroupLtd

Market Cap: CN¥5.6b

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

ProCredit Holding

Market Cap: €561.9m

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

Security Bank

Market Cap: ₱55.2b

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

Kaufman & Broad

Market Cap: €610.7m

Operates as a property developer and builder in France.

Hackett Group

Market Cap: US$656.8m

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

Visco Vision

Market Cap: NT$11.0b

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

AEON Credit Service (M) Berhad

Market Cap: RM 2.6b

Provides consumer financial services in Malaysia.

Furuya Metal

Market Cap: JP¥60.7b

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

Shenzhen KSTAR Science and Technology

Market Cap: CN¥13.4b

Shenzhen KSTAR Science and Technology Co., Ltd.

Nagarro

Market Cap: €745.6m

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

SBO

Market Cap: €463.3m

Manufactures and sells steel products worldwide.

Serabi Gold

Market Cap: UK£145.0m

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

City Cement

Market Cap: ر.س2.3b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Byrna Technologies

Market Cap: US$499.0m

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.

Ibotta

Market Cap: US$1.1b

A technology company, provides digital promotion services to clients in the United States.

Eastern CompanyE

Market Cap: ج.م97.5b

Manufactures and sells tobacco products in Egypt and internationally.

Verint Systems

Market Cap: US$1.2b

Provides customer engagement solutions worldwide.

Rigaku Holdings

Market Cap: JP¥164.7b

Manufactures and sells scientific instruments focuses on x-ray technologies in Japan, Asia, the United States, Europe, the Middle East, and Africa.

Yizumi Holdings

Market Cap: CN¥9.7b

Designs, researches and develops, manufactures, sells, and services various molding machines in China and internationally.

Australian Clinical Labs

Market Cap: AU$553.9m

Provides pathology diagnostic services in Australia.

Hansae

Market Cap: ₩436.4b

Manufactures and sells finished clothing products in Vietnam, Indonesia, Nicaragua, Guatemala, Myanmar, and Haiti.

Lindsay Australia

Market Cap: AU$261.9m

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

Synektik Spólka Akcyjna

Market Cap: zł1.7b

Provides products, services, and IT solutions for surgery, diagnostic imaging, and nuclear medicine applications in Poland.

Italian Sea Group

Market Cap: €297.3m

Operates in the yachting industry.