Global Undervalued Small Caps With Insider Buying

Shoucheng Holdings

Market Cap: HK$14.2b

An investment holding company, engages in the infrastructure asset management business.

SiteMinder

Market Cap: AU$1.1b

Provides software and online licensing solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas.

Kalbe Farma

Market Cap: Rp33.5t

Engages in the development, manufacture, and trading of pharmaceutical products in Indonesia.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp10.8t

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

East West Banking

Market Cap: ₱27.6b

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

Nexus Industrial REIT

Market Cap: CA$785.5m

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.

NameSilo Technologies

Market Cap: US$91.0m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Quest Holdings

Market Cap: €766.2m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Fourlis Holdings

Market Cap: €233.5m

Engages in the retail trading business in Greece, Romania, Bulgaria, and Cyprus.

CellaVision

Market Cap: SEK 3.3b

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

Security Bank

Market Cap: ₱46.9b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Nederman Holding

Market Cap: SEK 4.5b

Operates as an environmental technology company.

AB Dynamics

Market Cap: UK£242.4m

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

Bilia

Market Cap: SEK 13.8b

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

Young's Brewery

Market Cap: UK£479.4m

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

Bank of Marin Bancorp

Market Cap: US$417.6m

Operates as the holding company for Bank of Marin that provides a range of financial services to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States.

everplay group

Market Cap: UK£362.4m

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

Appian

Market Cap: US$1.7b

Operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally.

Kingstone Companies

Market Cap: US$230.0m

Through its subsidiary, Kingstone Insurance Company, provides property and casualty insurance products in the United States.

CVS Group

Market Cap: UK£863.6m

Engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.

National Vision Holdings

Market Cap: US$1.5b

Through its subsidiaries, operates as an optical retailer in the United States.

Ferroglobe

Market Cap: US$727.8m

Produces and sells silicon metal, and silicon and manganese-based alloys.

Eurocell

Market Cap: UK£101.2m

Engages in manufacturing, distribution, and recycling of building products in the United Kingdom and the Republic of Ireland.

German American Bancorp

Market Cap: US$1.7b

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

First Bancorp

Market Cap: US$344.1m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Shore Bancshares

Market Cap: US$745.4m

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

Patria Investments

Market Cap: US$1.9b

Operates as a private market investment firm.

Industrial Logistics Properties Trust

Market Cap: US$600.7m

A real estate investment trust focused on owning and leasing high quality industrial and logistics properties.

Peoples Bancorp

Market Cap: US$1.3b

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

Angel Oak Mortgage REIT

Market Cap: US$209.8m

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

Betterware de MéxicoP.I. de

Market Cap: US$675.2m

Operates as a direct-to-consumer selling company in the United States and Mexico.

Primaris Real Estate Investment Trust

Market Cap: CA$2.4b

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

Sagicor Financial

Market Cap: CA$1.1b

Provides various financial services to individuals and corporations in Canada, the United States, Jamaica, and the rest of the Caribbean.

Similarweb

Market Cap: US$370.5m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

Union Bankshares

Market Cap: US$107.5m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

NoHo Partners Oyj

Market Cap: €151.5m

Engages in the restaurant business.