Global Undervalued Small Caps

Iochpe-Maxion

Market Cap: R$1.8b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Tennant

Market Cap: US$1.4b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

ADENTRA

Market Cap: CA$655.5m

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.

ACM Research

Market Cap: US$1.5b

Develops, manufactures, and sells capital equipment worldwide.

MC Group

Market Cap: ฿8.2b

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

SKP Resources Bhd

Market Cap: RM 1.5b

An investment holding company, manufactures and sells electrical and electronic plastic products primarily in Malaysia.

Security Bank

Market Cap: ₱50.1b

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

KH Neochem

Market Cap: JP¥84.6b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.9b

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

Cox ABG Group

Market Cap: €626.2m

Operates as an integrated utility of water and energy company.

Quaker Chemical

Market Cap: US$1.9b

Quaker Chemical Corporation, doing business as Quaker Houghton, provides industrial process fluids worldwide.

Visco Vision

Market Cap: NT$11.5b

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

CSE Global

Market Cap: S$314.4m

An investment holding company, engages in the provision of integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Accent Group

Market Cap: AU$1.2b

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

North East Rubber

Market Cap: ฿8.0b

Manufactures and sells rubber products in Thailand.

Infomedia

Market Cap: AU$454.8m

A technology company, develops and supplies electronic parts catalogues, service quoting software, and e-commerce solutions for the automotive industry worldwide.

Adeka

Market Cap: JP¥263.1b

Engages in chemicals, food products, and life science businesses.

Jiayou International LogisticsLtd

Market Cap: CN¥14.2b

Engages in the provision of domestic and international multimodal transportation, logistics infrastructure investment, and operation and supply chain trade.

Furuya Metal

Market Cap: JP¥64.0b

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

Wasion Holdings

Market Cap: HK$7.8b

An investment holding company, engages in the research and development, production, and sale of energy metering and energy efficiency management solutions for energy supply industries in the People’s Republic of China, Africa, the United States, Europe, and rest of Asia.

Verint Systems

Market Cap: US$1.1b

Provides customer engagement solutions worldwide.

Bird Construction

Market Cap: CA$1.4b

Provides construction services in Canada.

Avidbank Holdings

Market Cap: US$160.8m

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

Lindsay Australia

Market Cap: AU$225.2m

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

KginicisLtd

Market Cap: ₩228.5b

Operates as a electronic payment company in Korea.

361 Degrees International

Market Cap: HK$9.1b

An investment holding company, manufactures and trades in sporting goods in the People’s Republic of China.

Vista Land & Lifescapes

Market Cap: ₱20.4b

An investment holding company, operates as an integrated property developer and homebuilder in the Philippines.

Yizumi Holdings

Market Cap: CN¥10.0b

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

Italian Sea Group

Market Cap: €331.8m

Operates in the luxury yachting industry.

Semrush Holdings

Market Cap: US$1.6b

Develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally.

Opera

Market Cap: US$1.6b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

Gambling.com Group

Market Cap: US$442.5m

Operates as a performance marketing company for the online gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

Taiwan Union Technology

Market Cap: NT$43.4b

Engages in the manufacture and sale of copper foil substrates, adhesive sheets, and multi-layer laminated boards in Taiwan and internationally.

Nilfisk Holding

Market Cap: DKK 2.4b

Develops, manufactures, and sells cleaning solutions and services worldwide.

Laster Tech

Market Cap: NT$3.3b

Engages in the manufacture and sale of LED chips and components in Taiwan, China, and Thailand.

Jumbo Interactive

Market Cap: AU$618.3m

Engages in the retail of lottery tickets through internet and mobile devices in Australia, the United Kingdom, Canada, Fiji, and internationally.