Global Undervalued Small Caps

Business First Bancshares

Market Cap: US$752.5m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

Plumas Bancorp

Market Cap: US$303.7m

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.

Iochpe-Maxion

Market Cap: R$2.0b

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

Firan Technology Group

Market Cap: CA$291.8m

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

CLIO CosmeticsLtd

Market Cap: ₩258.3b

Provides makeup products in South Korea and internationally.

Hu Lane Associate

Market Cap: NT$16.7b

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

KH Neochem

Market Cap: JP¥97.0b

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

Security Bank

Market Cap: ₱54.9b

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

Jinzai Food GroupLtd

Market Cap: CN¥6.0b

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

Assetwise

Market Cap: ฿5.3b

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

Foxsemicon Integrated Technology

Market Cap: NT$30.7b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Austriacard Holdings

Market Cap: €205.4m

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱108.9b

Converge Information and Communications Technology Solutions, Inc.

MOIL

Market Cap: ₹66.2b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

AEON Credit Service (M) Berhad

Market Cap: RM 2.6b

Provides consumer financial services in Malaysia.

Krsnaa Diagnostics

Market Cap: ₹25.7b

Provides diagnostic services in India.

Nagarro

Market Cap: €690.7m

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

City Cement

Market Cap: ر.س2.3b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Bird Construction

Market Cap: CA$1.3b

Provides construction services in Canada.

AdaptHealth

Market Cap: US$1.3b

Distributes home medical equipment (HME), medical supplies, and home and related services in the United States.

KginicisLtd

Market Cap: ₩270.2b

Operates as a electronic payment company in Korea.

Xiaocaiyuan International Holding

Market Cap: HK$13.2b

An investment holding company, engages in the restaurant business in the People’s Republic of China.

Yamaichi ElectronicsLtd

Market Cap: JP¥58.0b

Manufactures and sells test, connector, and optical-related products in Japan and internationally.

SISB

Market Cap: ฿13.9b

Provides educational services in Thailand.

Dentium

Market Cap: ₩495.9b

Manufactures and sells dental medical instrument worldwide.

Materials Analysis Technology

Market Cap: NT$12.7b

Engages in the research and development, and intellectual property services in Taiwan, Mainland China, Japan, the United States, and internationally.

Vp

Market Cap: UK£235.5m

Provides equipment rental and related services in the United Kingdom and internationally.

Murapol

Market Cap: zł1.6b

Engages in residential real estate development in Poland.

Truecaller

Market Cap: SEK 15.9b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Edita Food Industries Company (S.A.E)

Market Cap: ج.م12.1b

Engages in the production of snack food products in Egypt.

Opera

Market Cap: US$1.4b

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

91APP

Market Cap: NT$9.1b

A Software-as-a-Service company, provides retail software cloud and e-commerce value-added services in Taiwan, Hong Kong, and Malaysia.

DCB Bank

Market Cap: ₹38.5b

Provides various banking and financial products and services in India.

Petrovietnam Drilling and Well Services

Market Cap: ₫11.9t

Provides drilling rigs and drilling-related services to the oil and gas industry in the Socialist Republic of Vietnam and internationally.

Deleum Berhad

Market Cap: RM 606.3m

An investment holding company, provides products and services to the oil and gas industries primarily in Malaysia.

M1 Kliniken

Market Cap: €256.1m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.