Global Undervalued Small Caps

Orion Group Holdings

Market Cap: US$469.4m

Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin.

LiveRamp Holdings

Market Cap: US$1.8b

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

Zevra Therapeutics

Market Cap: US$649.4m

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

Trisul

Market Cap: R$1.6b

Engages in the construction and development of real estate properties in Brazil.

Construtora Tenda

Market Cap: R$3.7b

Operates as a construction company in Brazil.

FirstSun Capital Bancorp

Market Cap: US$1.0b

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in the United States.

Fauji Cement

Market Cap: PK₨96.7b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Vikram Solar

Market Cap: ₹67.0b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Indegene

Market Cap: ₹106.4b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Security Bank

Market Cap: ₱51.5b

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

Inspur Digital Enterprise Technology

Market Cap: HK$4.4b

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱97.5b

Converge Information and Communications Technology Solutions, Inc.

Future

Market Cap: JP¥144.5b

Provides IT consulting and services primarily in Japan.

SILICON2

Market Cap: ₩2.2t

Engages in the distribution of cosmetics products worldwide.

Altea Green Power

Market Cap: €122.0m

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

Grupa Pracuj

Market Cap: zł2.7b

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

Esprinet

Market Cap: €283.8m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

FRP Advisory Group

Market Cap: UK£268.2m

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

Bilia

Market Cap: SEK 11.6b

Operates as a full-service supplier for car ownership in Sweden, Norway, Luxemburg, and Belgium.

Gibraltar Industries

Market Cap: US$1.2b

Manufactures and provides products and services for the residential, agtech, and infrastructure markets in the United States and internationally.

Flotek Industries

Market Cap: US$517.1m

Operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.

North East Rubber

Market Cap: ฿8.8b

Manufactures and sells rubber products in Thailand.

United Electronics

Market Cap: ر.س5.9b

Engages in the wholesale and retail trade of electric appliances, electronic gadgets, computers and their spare parts and accessories, furniture, and office equipment and tools in the Kingdom of Saudi Arabia and internationally.

Warpaint London

Market Cap: UK£173.7m

Produces and sells cosmetics.

Telecom Plus

Market Cap: UK£1.1b

Provides utility services in the United Kingdom.

Voxel

Market Cap: zł1.3b

Provides medical services in Poland.

Boozt

Market Cap: SEK 5.4b

Sells fashion, apparel, shoes, accessories, kids, home, sports, and beauty products online.

Ependion

Market Cap: SEK 3.2b

Provides digital solutions for secure control, management, visualization, and data communication for industrial applications.

Nagarro

Market Cap: €654.3m

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

Palfinger

Market Cap: €1.3b

Provides hydraulic lifting solutions in Austria and internationally.

Community West Bancshares

Market Cap: US$437.5m

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.

ASROCK Incorporation

Market Cap: NT$25.8b

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

Hugel

Market Cap: ₩2.6t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

Xiaocaiyuan International Holding

Market Cap: HK$9.3b

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

Eternal Beauty Holdings

Market Cap: HK$2.7b

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.

Catalyst Metals

Market Cap: AU$1.7b

Engages in the mineral exploration and evaluation in Australia.