Global Software Undiscovered Gems With Strong Fundamentals

NEOJAPAN

Market Cap: JP¥25.9b

Engages in development and sale of packaged software in Japan and internationally.

iValue Infosolutions

Market Cap: ₹15.3b

Operates as an enterprise technology solutions provider in India, Singapore, Bangladesh, Sri Lanka, Nepal, Cambodia, UAE, Kenya, and Bhutan.

FFRI Security

Market Cap: JP¥57.3b

Engages in research and consulting related to computer security products in Japan.

ASM Technologies

Market Cap: ₹45.9b

Provides consulting and product development services in India and internationally.

HDC I-Controls

Market Cap: ₩195.7b

Provides construction IT solutions in South Korea, Southeast Asia, and the Middle East.

Sygnity

Market Cap: zł2.2b

Manufactures and sells IT products and services in Poland and internationally.

Odine Solutions Teknoloji Ticaret ve Sanayi

Market Cap: ₺31.3b

Odine Solutions Teknoloji Ticaret ve Sanayi A.S.

Shandong Shanda OumasoftLTD

Market Cap: CN¥2.9b

Engages in the research, development, sale, and service of information products in the field of examination and evaluation in China.

Double Standard

Market Cap: JP¥22.7b

A business support company, generates and provides big data solutions for enterprises in Japan.

Pro-Ship

Market Cap: JP¥39.2b

Develops, sells, consults, and customizes solution packages for asset management, sales management, and others in Japan.

Excelsoft Technologies

Market Cap: ₹11.3b

Provides software as a service (SaaS) products and services to the education and testing in India.

WILLs

Market Cap: JP¥15.9b

Develops and offers a shareholder management platform utilizing blockchain technology in Japan and internationally.

Veefin Solutions

Market Cap: ₹9.9b

Operates as a Software as a Service based digital lending and supply chain finance technology product solutions company.

Saudi Networkers Services

Market Cap: ر.س466.8m

Engages in the implementing, establishing, maintaining, operating, installing, and managing of telecommunication networks in the Kingdom of Saudi Arabia and Algeria.

Edarat Communication and Information Technology

Market Cap: ر.س1.1b

Edarat Communication and Information Technology Co.

Mercuries Data Systems

Market Cap: NT$5.3b

Engages in the sales, leasing, and maintenance of intelligence automation machines in financial services in Taiwan.

Premier Technology

Market Cap: ฿3.3b

An investment holding company, distributes and provides services related to computer and computer system in Thailand.

NCS&A

Market Cap: JP¥25.3b

Provides various IT services in Japan.

Zuken

Market Cap: JP¥98.4b

A software company, provides advanced design solutions for the creation and management of printed circuit board (PCB) designs, electrical and fluid systems, and 3D cabinet and wire harness layouts in Japan.

Fixstars

Market Cap: JP¥51.8b

Operates as a software company in Japan and internationally.

AhnLab

Market Cap: ₩611.5b

Provides information security solutions and services for consumers, enterprises, and small and medium businesses worldwide.

Xunlei

Market Cap: US$425.1m

Operates an internet platform for digital media content in the People's Republic of China.

Insights Analytics Berhad

Market Cap: RM 522.5m

An investment holding company, provides water technology and intelligent asset management solutions in Malaysia.

ATP Yazilim ve Teknoloji Anonim Sirketi

Market Cap: ₺13.1b

Develops enterprise software and system solutions in Turkey, the Netherlands, Malta, China, Europe, the Middle East, and Africa.

Novabase S.G.P.S

Market Cap: €315.1m

Through its subsidiaries, provides IT consulting and services in Portugal, rest of Europe, Africa, the Middle East, and internationally.

Folago Global Nusantara

Market Cap: Rp4.3t

Engages in software publishing and digital product sales businesses in Indonesia.

TAC Infosec

Market Cap: ₹16.8b

Provides vulnerability assessment and assessment solutions, cybersecurity quantification, and services of penetration testing to organizations in India and internationally.

Japan System Techniques

Market Cap: JP¥58.6b

Engages in the software business in Japan and internationally.

Azeus Systems Holdings

Market Cap: S$357.0m

An investment holding company, provides IT products and services in Hong Kong, rest of Asia, the United Kingdom, rest of Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.

Ambeon Capital

Market Cap: LK₨40.5b

An investment holding company, engages in porcelain, property, information technology and investment businesses in Sri Lanka and internationally.

Asteria

Market Cap: JP¥16.4b

Develops and sells software in Japan.

Core

Market Cap: JP¥28.8b

Provides information and communication technology services in Japan.

Solidwizard Technology

Market Cap: NT$5.1b

Provides software, hardware, and consulting service solutions in Taiwan and China.

Beijing Waluer Information Technology

Market Cap: CN¥3.2b

Beijing Waluer Information Technology Co., Ltd.

Silver Touch Technologies

Market Cap: ₹10.1b

Provides information technology solutions in India and internationally.

JFE Systems

Market Cap: JP¥70.9b

Engages in the planning, designing, developing, operating, and maintenance of information systems in Japan.