Global Software Potentially Undervalued Companies

Capinfo

Market Cap: €486.9m

Provides information technology (IT) services in the People’s Republic of China.

Mensch und Maschine Software

Market Cap: US$605.1m

Provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas.

Showa System Engineering

Market Cap: JP¥6.9b

Engages in the development, operation, and consulting of information systems.

Intercede Group

Market Cap: €68.0m

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.

Segue Group

Market Cap: JP¥22.9b

Through its subsidiaries, provides design, development, sales, construction, operation, and maintenance services related to IT infrastructure and network security products in Japan and Thailand.

Text

Market Cap: US$1.3b

Develops and distributes online text communication software for businesses worldwide.

Petrolimex Information Technology and Telecommunication

Market Cap: ₫93.6b

Provides information technology and automation solutions for petroleum industry in Vietnam.

Trend Micro

Market Cap: US$728.7b

Develops and sells security-related software for computers and the internet in Japan, the Americas, Europe, and the Asia Pacific.

NamSys

Market Cap: US$32.2m

Provides software solutions for currency management and processing for the banking and merchant industries in North America.

GB Group

Market Cap: US$365.8m

Provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally.

Delaplex

Market Cap: ₹754.3m

Engages in the provision of software development and supply chain consultancy services in India and internationally.

MDS Tech

Market Cap: ₩84.0b

Provides embedded, and IT convergence and education solutions.

Alpha Systems

Market Cap: JP¥47.9b

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

Alpha Data PJSC

Market Cap: د.إ1.4b

Offers system integration services.

Data Sinergitama Jaya

Market Cap: Rp373.7b

Provides IT infrastructure and managed services in Indonesia.

Nova SystemLtd

Market Cap: JP¥3.8b

Provides system integration for business system development, and cloud services.

User Local

Market Cap: JP¥25.4b

Engages in data cloud business in Japan.

Feedforce Group

Market Cap: JP¥14.4b

Engages in data feed, digital advertising, social media marketing, and other businesses in Japan.

Brainzcompany

Market Cap: ₩28.1b

Engages in the provision of integrated IT infrastructure management solutions in South Korea and internationally.

Otello

Market Cap: NOK 1.2b

Through its subsidiary, Bemobi provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway.

R Systems International

Market Cap: ₹28.6b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms in Europe, the United States, and internationally.

Osangjaiel

Market Cap: ₩46.6b

Primarily engages in the product life cycle management (PLM) and system integration business in South Korea.

SystemEXEInc

Market Cap: JP¥4.8b

Engages in the system integration business.

Kwong Fong Industries

Market Cap: NT$2.2b

Engages in the information software service and real estate businesses in Taiwan.

SIOS

Market Cap: JP¥3.9b

Develops and sells software products and SaaS application services in Japan.

Arcontech Group

Market Cap: UK£10.6m

Engages in the development and sale of proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australasia, and the Asia Pacific.

LaKeel

Market Cap: JP¥5.0b

Provides product, consulting, and professional services in Japan.

KL-Net

Market Cap: ₩54.5b

Provides logistics electronic data interchange, system integration, IT consulting, and logistics solutions for the maritime industry in South Korea.

SYS Holdings

Market Cap: JP¥5.9b

Provides information technology services in Japan and internationally.

YMIRLINKInc

Market Cap: JP¥4.9b

Together with its subsidiary, provides messaging solutions in Japan.

Oracle

Market Cap: ฿414.2b

Offers products and services that build, run and support enterprise information technology frameworks worldwide.

TISI

Market Cap: JP¥805.5b

Provides information technology (IT) services in Japan and internationally.

Playgram

Market Cap: ₩27.4b

Engages in the maintenance, repair, and operations; and video content businesses in South Korea and internationally.

Done.ai Group

Market Cap: SEK 679.7m

Provides business systems and financial services platform to small, medium, and large companies through cloud-based services and software as a service.

Netgem

Market Cap: €27.7m

Engages in the development, operation, and distribution of the NetgemTV digital video entertainment platform in France and Europe.

Solid World Group

Market Cap: €7.1m

Provides 3D technologies in Italy.