Global Undervalued Small Caps

CLIO CosmeticsLtd

Market Cap: ₩260.6b

Provides makeup products in South Korea and internationally.

Hu Lane Associate

Market Cap: NT$16.5b

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.

Jinzai Food GroupLtd

Market Cap: CN¥6.0b

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

ProCredit Holding

Market Cap: €573.7m

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

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.

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.

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.

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.

Security Bank

Market Cap: ₱53.0b

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

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱109.0b

Converge Information and Communications Technology Solutions, Inc.

Foxsemicon Integrated Technology

Market Cap: NT$30.4b

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

KH Neochem

Market Cap: JP¥98.0b

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

AEON Credit Service (M) Berhad

Market Cap: RM 2.6b

Provides consumer financial services in Malaysia.

Krsnaa Diagnostics

Market Cap: ₹25.9b

Provides diagnostic services in India.

City Cement

Market Cap: ر.س2.3b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Nagarro

Market Cap: €690.7m

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

Australian Clinical Labs

Market Cap: AU$485.9m

Provides pathology diagnostic services in Australia.

KginicisLtd

Market Cap: ₩273.9b

Operates as a electronic payment company in Korea.

Materials Analysis Technology

Market Cap: NT$12.5b

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

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.

SISB

Market Cap: ฿14.3b

Provides educational services in Thailand.

Murapol

Market Cap: zł1.6b

Engages in residential real estate development in Poland.

AdaptHealth

Market Cap: US$1.3b

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

Lindsay Australia

Market Cap: AU$240.1m

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

Bird Construction

Market Cap: CA$1.3b

Provides construction services in Canada.

Yamaichi ElectronicsLtd

Market Cap: JP¥58.7b

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

Vp

Market Cap: UK£235.5m

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

Dentium

Market Cap: ₩492.4b

Manufactures and sells dental medical instrument worldwide.

91APP

Market Cap: NT$9.0b

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.

Deleum Berhad

Market Cap: RM 614.4m

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

Petrovietnam Drilling and Well Services

Market Cap: ₫11.5t

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

Prosegur Cash

Market Cap: €1.1b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

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.