Global Undervalued Small Caps With Insider Buying

Arwana Citramulia

Market Cap: Rp3.4t

Manufactures and distributes ceramic tiles in Indonesia and internationally.

Lemonsoft Oyj

Market Cap: €88.8m

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

Embracer Group

Market Cap: SEK 14.2b

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

CellaVision

Market Cap: SEK 2.9b

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

Yellow Pages

Market Cap: CA$177.3m

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

Timbercreek Financial

Market Cap: CA$561.9m

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

Ferroglobe

Market Cap: US$879.0m

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

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.

Union Bankshares

Market Cap: US$115.5m

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

Fourlis Holdings

Market Cap: €239.2m

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

ABL Group

Market Cap: NOK 1.5b

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

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.

Ribbon Communications

Market Cap: US$482.6m

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

Bank of Marin Bancorp

Market Cap: US$413.6m

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.

Franklin Financial Services

Market Cap: US$256.7m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides banking services to businesses, individuals, and governmental entities in Pennsylvania.

New Peoples Bankshares

Market Cap: US$94.7m

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

Aldeyra Therapeutics

Market Cap: US$95.7m

A biotechnology company, discovers and develops therapies designed to treat immune-mediated diseases.

PCB Bancorp

Market Cap: US$344.0m

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

Financial Institutions

Market Cap: US$679.0m

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

Banco di Desio e della Brianza

Market Cap: €1.1b

Provides banking products and services to individuals and enterprises in Italy.

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.

Nederman Holding

Market Cap: SEK 4.1b

Operates as an environmental technology company.

Bilia

Market Cap: SEK 11.6b

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

Parkit Enterprise

Market Cap: CA$126.8m

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada.

Cloetta

Market Cap: SEK 13.6b

Operates as a confectionery company.

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.

Primaris Real Estate Investment Trust

Market Cap: CA$2.2b

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

Chorus Aviation

Market Cap: CA$586.6m

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

Omega Flex

Market Cap: US$299.4m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

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.

Eurocell

Market Cap: UK£99.2m

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.

Morgan Advanced Materials

Market Cap: UK£599.9m

Manufactures and sells various carbon and ceramic products.

everplay group

Market Cap: UK£383.3m

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

AB Dynamics

Market Cap: UK£225.0m

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

THG

Market Cap: UK£510.8m

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

Shoucheng Holdings

Market Cap: HK$13.2b

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