Global Undervalued Small Caps

Altea Green Power

Market Cap: €152.8m

Supplies and manages renewable energy plants in Italy and the United States.

Grupa Pracuj

Market Cap: zł3.4b

Operates HR technology platform in Poland, Ukraine, and Germany.

FRP Advisory Group

Market Cap: UK£322.5m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

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.

Thryv Holdings

Market Cap: US$218.3m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

Construtora Tenda

Market Cap: R$3.0b

Operates as a construction company in Brazil.

Aurelia Metals

Market Cap: AU$575.5m

Engages in the exploration and production of mineral properties in Australia.

Zevra Therapeutics

Market Cap: US$505.0m

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

Slide Insurance Holdings

Market Cap: US$2.0b

Engages in underwriting single family and condominium policies in the property and casualty industry in the United States.

Security Bank

Market Cap: ₱50.8b

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

Kaufman & Broad

Market Cap: €578.6m

Operates as a property developer and builder in France.

Future

Market Cap: JP¥174.0b

Provides IT consulting and services primarily in Japan.

Hu Lane Associate

Market Cap: NT$14.9b

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

Cheerwin Group

Market Cap: HK$3.2b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

SKP Resources Bhd

Market Cap: RM 1.0b

Provides electronics manufacturing services (EMS) in Malaysia.

Inspur Digital Enterprise Technology

Market Cap: HK$6.4b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Assetwise

Market Cap: ฿5.4b

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

Krsnaa Diagnostics

Market Cap: ₹23.2b

Provides diagnostic services in India.

British American Tobacco Bangladesh

Market Cap: ৳141.9b

Manufactures and sells cigarettes in Bangladesh.

Hacksaw

Market Cap: SEK 17.0b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

Italian Exhibition Group

Market Cap: €282.2m

Italian Exhibition Group S.p.A. organizes and operates exhibitions Italy and internationally.

Afentra

Market Cap: UK£98.6m

Operates as an upstream oil and gas company primarily in Africa.

Telecom Plus

Market Cap: UK£1.1b

Provides utility services in the United Kingdom.

Byrna Technologies

Market Cap: US$361.6m

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.

Aviat Networks

Market Cap: US$271.6m

Provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific.

Tracsis

Market Cap: UK£86.3m

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.

Auto Partner

Market Cap: zł2.3b

Imports and distributes parts for passenger cars, delivery vans, and motorcycles in Poland.

Catalyst Metals

Market Cap: AU$2.5b

Engages in the mineral exploration and evaluation in Australia.

ASROCK Incorporation

Market Cap: NT$28.0b

Designs, develops, and sells motherboards in Asia, Europe, America, and internationally.

Unidata

Market Cap: €102.1m

Operates as an Internet service provider in Italy.

Hugel

Market Cap: ₩2.8t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

Xiaocaiyuan International Holding

Market Cap: HK$10.6b

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

Eternal Beauty Holdings

Market Cap: HK$2.8b

An investment holding company, engages in the retail, wholesale, and distribution of perfumes, skincare products, color cosmetics, personal care products, eyewear, and home fragrances in China, including Hong Kong and Macau.

Platform Group

Market Cap: €99.9m

A software company, operates online platforms for B2B and B2C customers.

Opera

Market Cap: US$1.2b

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

CPH Group

Market Cap: CHF 407.6m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.