Global Undervalued Small Caps With Insider Buying

New Peoples Bankshares

Market Cap: US$94.7m

Operates as a financial holding company for New Peoples Bank, Inc.

Centurion

Market Cap: S$1.4b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp14.6t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

CapitaLand China Trust

Market Cap: S$1.2b

CapitaLand China Trust (CLCT) is Singapore’s largest China-focused real estate investment trust (REIT).

Avia Avian

Market Cap: Rp23.1t

Manufactures and distributes paints and building materials in Indonesia.

Arwana Citramulia

Market Cap: Rp3.5t

Manufactures and distributes ceramic tiles in Indonesia and internationally.

Young's Brewery

Market Cap: UK£436.0m

Engages in the operation and management of pubs and hotels in the United Kingdom.

Nederman Holding

Market Cap: SEK 4.2b

Operates as an environmental technology company.

Bilia

Market Cap: SEK 11.3b

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

Nexus Industrial REIT

Market Cap: CA$784.5m

An unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated March 7, 2022.

AB Dynamics

Market Cap: UK£235.5m

Provides vehicle test development and verification products and services for driver assistance systems.

THG

Market Cap: UK£573.5m

Operates as an online retailer in the United Kingdom, the United States, Europe, and internationally.

Eastnine

Market Cap: SEK 4.4b

A real estate investment firm.

FirstSun Capital Bancorp

Market Cap: US$1.1b

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.

Cloetta

Market Cap: SEK 13.7b

Operates as a confectionery company.

Morgan Advanced Materials

Market Cap: UK£593.0m

Manufactures and sells various carbon and ceramic products.

everplay group

Market Cap: UK£374.6m

Develops and publishes independent video games for digital and physical market in the United Kingdom.

Lemonsoft Oyj

Market Cap: €84.0m

A software company, designs, develops, and delivers enterprise resource planning software solutions in Finland and internationally.

Embracer Group

Market Cap: SEK 13.8b

Develops and publishes PC, console, mobile, VR, and board games for the games market worldwide.

Ribbon Communications

Market Cap: US$487.9m

Provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Chorus Aviation

Market Cap: CA$570.1m

Through its subsidiaries, provides aviation services in Canada and internationally.

Eagle Financial Services

Market Cap: US$203.4m

Operates as the bank holding company for Bank of Clarke that provides various retail and commercial banking products and services in the United States.

ABL Group

Market Cap: NOK 1.4b

An investment holding company, provides energy, and marine and engineering consultancy services to renewables, maritime, and oil and gas industries worldwide.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

German American Bancorp

Market Cap: US$1.6b

Operates as a financial holding company for German American Bank that provides retail and commercial banking, and wealth management services.

Metropolitan Bank Holding

Market Cap: US$1.1b

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

Financial Institutions

Market Cap: US$663.6m

Through its subsidiaries, provides banking and financial services to consumer, commercial, and municipal customers in New York.

Timbercreek Financial

Market Cap: CA$566.9m

Provides shorter-duration structured financing solutions to commercial real estate investors in Canada.

Eurocell

Market Cap: UK£103.6m

Engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland.

1st Source

Market Cap: US$1.8b

Operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients in the United States.

PCB Bancorp

Market Cap: US$338.7m

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

CEVA

Market Cap: US$804.3m

Provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and internationally.

Primaris Real Estate Investment Trust

Market Cap: CA$2.2b

Primaris Real Estate Investment Trust is Canada’s only enclosed shopping centre focused REIT.

Yellow Pages

Market Cap: CA$177.8m

Through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada.

Enovis

Market Cap: US$1.4b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

Tennant

Market Cap: US$1.5b

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.