Global Undervalued Small Caps With Insider Buying

GEN Restaurant Group

Market Cap: US$111.2m

Operates restaurants in the United States.

Dicker Data

Market Cap: AU$1.6b

Engages in the wholesale distribution of computer hardware, software, and related products for corporate and commercial markets in Australia and New Zealand.

East West Banking

Market Cap: ₱26.7b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Bank Danamon Indonesia

Market Cap: Rp24.9t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

BWP Trust

Market Cap: AU$2.5b

Established and listed on the Australian Securities Exchange (‘ASX’) in 1998, BWP Trust (‘BWP’ or ‘the Trust’) is a real estate investment trust investing in and managing commercial properties throughout Australia.

Daiwa House Logistics Trust

Market Cap: S$398.9m

Daiwa House Logistics Trust (“DHLT”) is a Singapore real estate investment trust (“REIT”) established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia.

Avia Avian

Market Cap: Rp25.5t

Manufactures and distributes paints and building materials in Indonesia.

Pizu Group Holdings

Market Cap: HK$2.0b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Foschini Group

Market Cap: R35.2b

Operates retail stores in South Africa and internationally.

Acsion

Market Cap: R2.7b

Engages in property holding and development activities in South Africa and internationally.

CVS Group

Market Cap: UK£911.1m

Engages in veterinary, pet crematoria, online pharmacy, and retail businesses.

A.G. BARR

Market Cap: UK£759.7m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.

Bytes Technology Group

Market Cap: UK£975.6m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$968.9m

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.

PCB Bancorp

Market Cap: US$315.0m

Operates as the bank holding company for PCB Bank that provides various banking products and services to small and middle market businesses and individuals.

Farmland Partners

Market Cap: US$491.0m

An internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets.

Angel Oak Mortgage REIT

Market Cap: US$230.5m

A real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

GDI Integrated Facility Services

Market Cap: CA$638.3m

Operates in the outsourced facility services industry in Canada and the United States.

Thryv Holdings

Market Cap: US$562.8m

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

Citizens & Northern

Market Cap: US$315.3m

Operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers.

Peoples Bancorp

Market Cap: US$1.1b

Operates as the financial holding company for Peoples Bank that provides commercial and consumer banking products and services.

Sagicor Financial

Market Cap: CA$1.1b

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

Hemisphere Energy

Market Cap: CA$188.4m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.

Industrial Logistics Properties Trust

Market Cap: US$400.7m

ILPT is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties.

Shore Bancshares

Market Cap: US$571.8m

Operates as a bank holding company for the Shore United Bank, N.A.

PhenixFIN

Market Cap: US$98.2m

A business development company.

Nyab

Market Cap: SEK 5.1b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.

Bank of Valletta

Market Cap: €1.2b

Provides banking, financial, investment, and other products and services in Malta.

SHAPE Australia

Market Cap: AU$331.0m

Engages in the construction, fitout, and refurbishment of commercial properties in Australia.

Elders

Market Cap: AU$1.4b

Provides agricultural products and services to rural and regional customers primarily in Australia.

Super Group

Market Cap: R4.7b

Engages in the supply chain management, mobility, dealership, and fleet management activities in South Africa, sub-Saharan Africa, Australia, Europe, New Zealand, and the United Kingdom.

Baazar Style Retail

Market Cap: ₹29.9b

Engages in the business of retailing various apparel and non-apparel consumer products in India.

Foxtons Group

Market Cap: UK£167.2m

An estate agency, provides services to the residential property market in the United Kingdom.

Stelrad Group

Market Cap: UK£213.3m

Manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally.

Oxford Instruments

Market Cap: UK£1.1b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally.

Hoist Finance

Market Cap: SEK 8.8b

A credit market company, engages in the loan acquisition and management operations in Europe.