Global Software Potentially Undervalued Companies

SAAF HoldingsLtd

Market Cap: JP¥9.7b

Through its subsidiaries, provides information technology (IT) consulting services in Japan.

TeamViewer

Market Cap: €1.1b

Provides remote connectivity solutions worldwide.

Exsitec Holding

Market Cap: €1.5b

Provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland.

Dillistone Group

Market Cap: UK£4.3m

Provides software and services in the United Kingdom, Europe, the Americas, Australia, and internationally.

CM.com

Market Cap: €229.6m

Provides cloud software for conversational commerce worldwide.

Connexion Mobility

Market Cap: AU$15.3m

Develops and commercializes fleet management software for the automotive industry in Australia, the United States, and Canada.

Techfirm Holdings

Market Cap: JP¥4.8b

Develops, operates, and maintains system solutions for business and core systems in Japan.

Capital Asset Planning

Market Cap: JP¥5.1b

Provides system integration services in Japan and internationally.

Hunan Copote Science TechnologyLtd

Market Cap: CN¥1.6b

Provides software and information technology services in the postal industry in China.

Eastone Century TechnologyLtd

Market Cap: CN¥3.8b

Provides communication network technology services and system solutions to telecom operators and equipment manufacturers in China.

Digital Arts

Market Cap: JP¥58.4b

Develops and markets internet security software and appliances in Japan, the United States, Europe, and the Asia Pacific.

CG-VAK Software and Exports

Market Cap: ₹801.2m

Through its subsidiaries, provides software services worldwide.

Intercede Group

Market Cap: €68.3m

A cybersecurity company, develops and supplies identity and credential management software for digital trust primarily in the United Kingdom, rest of Europe, the United States, and internationally.

Datrix

Market Cap: €30.0m

Operates as an artificial intelligence software company in Italy and internationally.

Thinkific Labs

Market Cap: CA$96.9m

Engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally.

Research Solutions

Market Cap: US$71.3m

Through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally.

Trimble

Market Cap: €13.9b

Offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally.

Riskified

Market Cap: €785.6m

Develops and offers an e-commerce risk intelligent platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas.

Sylogist

Market Cap: €72.2m

A software company, provides mission-critical software-as-a-service solutions to public sector customers in Canada, the United States, the United Kingdom, and internationally.

MakoLab Spólka Akcyjna

Market Cap: zł57.6m

Operates as a digital solutions company in Poland.

Constellation Software

Market Cap: US$65.2b

Acquires, builds, and manages vertical market software businesses to develop mission-critical software solutions for public and private sector markets.

Finsoft Financial Investment Holdings

Market Cap: €19.2m

An investment holding company, develops, provides, and sells financial trading software solutions in Hong Kong.

Alpha Systems

Market Cap: €47.9b

Engages in the development of software for telecommunications systems in Japan.

CLPS Incorporation

Market Cap: US$31.6m

Through its subsidiaries, provides information technology services and solutions in Mainland China, Singapore, Hong Kong, the United States, Japan, India, and internationally.

Globant

Market Cap: US$1.7b

Provides technology services in the United States, rest of North America, Latin America, Europe, and internationally.

4C Group

Market Cap: SEK 290.5m

Provides software solutions and expert services for organizational resilience, training, and crisis management worldwide.

Petards Group

Market Cap: UK£6.2m

Engages in the development, supply, and maintenance of technologies used in advanced security, communications, surveillance, and ruggedised electronic applications in the United Kingdom, Continental Europe, and internationally.

Connexion Mobility

Market Cap: €15.3m

Develops and commercializes fleet management software for the automotive industry in Australia, the United States, and Canada.

Gofore Oyj

Market Cap: €188.0m

Provides digital transformation consultancy services for private and public sectors in Finland and internationally.

Editel

Market Cap: zł19.2m

Provides electronic data interchange (EDI) solutions, specializing in the optimization of supply chain processes worldwide.

Netum Group Oyj

Market Cap: €11.8m

Operates as an IT services company in Finland.

EPAM Systems

Market Cap: Mex$5.5b

Provides digital platform engineering and software development services worldwide.

SNP Schneider-Neureither & Partner

Market Cap: €605.0m

Provides software and consulting services for SAP transformations and data management.

Asseco Poland

Market Cap: US$18.0b

Produces and sells software products worldwide.

Gartner

Market Cap: CHF 12.2b

Provides business and technology insights to support decision-making and performance on an organization’s mission-critical priorities in the United States, Canada, Europe, the Middle East, Africa, and internationally.

Aplicaciones y Tratamiento de Sistemas

Market Cap: €199.1m

Aplicaciones y Tratamiento de Sistemas, S.A.