Global Undervalued Small Caps With Insider Buying

SB Financial Group

Market Cap: US$132.3m

Operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan.

Flagship Communities Real Estate Investment Trust

Market Cap: CA$622.0m

An unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the “Declaration of Trust”) under the laws of the Province of Ontario.

Braemar Hotels & Resorts

Market Cap: US$165.7m

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Dine Brands Global

Market Cap: US$346.8m

Owns, franchises, and operates restaurants in the United States and internationally.

Clavister Holding AB (publ.)

Market Cap: SEK 1.4b

Develops, produces, and sells cybersecurity solutions in Sweden, rest of Europe, Asia, and internationally.

Breedon Group

Market Cap: UK£1.3b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

James River Group Holdings

Market Cap: US$261.3m

Provides specialty insurance services.

Aegean Airlines

Market Cap: €1.3b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

Logistea

Market Cap: SEK 8.3b

Engages in the real estate business in Sweden, Norway, Denmark, the Netherlands, Germany, Finland, Belgium, and Poland.

Centerspace

Market Cap: US$1.0b

An owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others.

Blackline Safety

Market Cap: CA$611.6m

Develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally.

AirBoss of America

Market Cap: CA$140.6m

Manufactures and sells rubber-based products in Canada, the United States, and internationally.

Alpine Income Property Trust

Market Cap: US$234.0m

Alpine Income Property Trust, Inc. (the “Company” or “PINE”) is a real estate investment trust (“REIT”) that owns and operates a high-quality portfolio of commercial net lease properties.

QNB

Market Cap: US$132.8m

Operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services in the United States.

LCNB

Market Cap: US$227.1m

Operates as the financial holding company for LCNB National Bank that provides banking services in the United States.

EJF Investments

Market Cap: UK£73.7m

A principal investment firm.

Coast Entertainment Holdings

Market Cap: AU$153.5m

Engages in the investment, ownership, and operation of leisure and entertainment businesses in Australia.

HMC Capital

Market Cap: AU$1.6b

Owns and manages real estate focused funds in Australia.

Amotiv

Market Cap: AU$1.3b

Manufactures, imports, distributes, and sells automotive products in Australia, New Zealand, Thailand, rest of Asia, the United States, and internationally.

Paradise Entertainment

Market Cap: HK$978.5m

An investment holding company, provides casino management services in Macau, the People’s Republic of China, the Philippines, the United States, and internationally.

Bumi Serpong Damai

Market Cap: Rp23.0t

Engages in the real estate development activities in Indonesia.

Pacific Millennium Packaging Group

Market Cap: HK$841.8m

An investment holding company, manufactures and sells packaging materials in the People’s Republic of China.

Zibuyu Group

Market Cap: HK$1.9b

An investment holding company, operates as a cross-border e-commerce company in China.

Philippine Bank of Communications

Market Cap: ₱8.3b

Provides commercial banking products and services to individual and corporate clients in the Philippines.

Mears Group

Market Cap: UK£328.6m

Provides various outsourced services to the public and private sectors in the United Kingdom.

Qt Group Oyj

Market Cap: €1.2b

Offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America.

Mercantile Bank

Market Cap: US$803.7m

Operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States.

Clipper Realty

Market Cap: US$186.8m

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.

B.P. Marsh & Partners

Market Cap: UK£251.2m

Invests in early-stage and SME financial services intermediary businesses in the United Kingdom and internationally.

Coats Group

Market Cap: UK£1.5b

Engages in thread manufacturing, structural components for apparel and footwear, and performance materials worldwide.

New Wave Group

Market Cap: SEK 14.1b

Designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally.

Nolato

Market Cap: SEK 15.7b

Develops, manufactures, and sells plastic, silicone, and thermoplastic elastomer products in Europe, Asia, North America, and internationally.

Peapack-Gladstone Financial

Market Cap: US$503.7m

Operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States.

BSR Real Estate Investment Trust

Market Cap: CA$664.8m

An internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Quarterhill

Market Cap: CA$128.5m

Operates in the intelligent transportation systems business in Canada and internationally.

LTC Properties

Market Cap: US$1.7b

LTC is a real estate investment trust (REIT) focused on seniors housing and health care properties, investing through RIDEA, triple-net leases, joint ventures, and structured finance solutions.