U.S. Undervalued Small Caps

LiveRamp Holdings

Market Cap: US$1.9b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Village Farms International

Market Cap: US$309.6m

Produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$943.1m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

TAT Technologies

Market Cap: US$470.4m

Provides solutions and services to the commercial and military aerospace and ground defense industries in the United States, Israel, and internationally.

Power Solutions International

Market Cap: US$1.7b

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, the rest of North America, the Pacific Rim, Europe, and internationally.

Viant Technology

Market Cap: US$717.2m

Operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop.

Climb Global Solutions

Market Cap: US$359.7m

Operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, and the United Kingdom.

MarketWise

Market Cap: US$270.7m

Operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally.

Koppers Holdings

Market Cap: US$804.6m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.

Zevra Therapeutics

Market Cap: US$665.0m

A commercial-stage company, focuses on addressing unmet needs for the treatment of rare diseases in the United States.

Abeona Therapeutics

Market Cap: US$341.9m

A commercial-stage biopharmaceutical company, develops gene and cell therapies for life-threatening diseases in the United States.

OptimizeRx

Market Cap: US$121.4m

Operates as a digital healthcare technology company.

Limbach Holdings

Market Cap: US$917.6m

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

Barrett Business Services

Market Cap: US$723.0m

Provides business management solutions for small and mid-sized companies in the United States.

Betterware de MéxicoP.I. de

Market Cap: US$637.2m

Operates as a direct-to-consumer selling company in the United Staes and Mexico.

Pagaya Technologies

Market Cap: US$1.2b

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands.

Legacy Education

Market Cap: US$142.3m

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

Upwork

Market Cap: US$1.2b

Provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally.

CF Bankshares

Market Cap: US$173.9m

Operates as the bank holding company for CFBank, National Association that provides various banking products and services.

Energy Recovery

Market Cap: US$613.3m

Designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe.

OMS Energy Technologies

Market Cap: US$196.1m

Through its subsidiaries, manufactures and sells specialty connectors and pipes, surface wellhead and Christmas trees, premium threading services, and other ancillary services in Saudi Arabia, Singapore, Malaysia, Thailand, Indonesia and internationally.

Turtle Beach

Market Cap: US$251.6m

An audio and gaming technology company, develops and markets audio and gaming accessory products under the Turtle Beach brand in the Americas, Europe, the Middle East, and the Asia Pacific.

CareCloud

Market Cap: US$127.1m

A healthcare information technology company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States.

GDEV

Market Cap: US$295.7m

Develops and publishes online games in the United States, Europe, Asia, and internationally.

Community West Bancshares

Market Cap: US$462.9m

Operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in California.

Malibu Boats

Market Cap: US$524.2m

Designs, engineers, manufactures, markets, and sells various recreational powerboats.

Ranger Energy Services

Market Cap: US$390.9m

Provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States.

Sylvamo

Market Cap: US$1.8b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

CONMED

Market Cap: US$1.1b

A medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures.

Imperial Petroleum

Market Cap: US$217.5m

Provides seaborne transportation services worldwide.

TOYO

Market Cap: US$401.6m

Engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States.

BrightView Holdings

Market Cap: US$1.2b

Through its subsidiaries, provides commercial landscaping services in the United States.

Phreesia

Market Cap: US$579.1m

Provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada.

HMH Holding

Market Cap: US$909.8m

Provides offshore and onshore oil and gas drilling equipment and systems and services in the United States and Norway.

Progyny

Market Cap: US$1.5b

A benefits management company, provides fertility, family building, and women’s health benefits solutions in the United States.

Northeast Bank

Market Cap: US$1.1b

Provides various banking services to individual and corporate customers in Maine.