U.K. Undervalued based on future growth

Cavendish

Market Cap: UK£34.4m

Operates as an investment bank in the United Kingdom.

Shoe Zone

Market Cap: UK£31.4m

Operates as a footwear retailer in the United Kingdom.

AOTI

Market Cap: UK£30.8m

Produces, rents, and sells medical devices to resolve severe acute and chronic wounds for customers worldwide.

Christie Group

Market Cap: UK£25.6m

Engages in the provision of professional services for the hospitality, leisure, healthcare, medical, childcare and education, and retail sectors in Europe and internationally.

Transense Technologies

Market Cap: UK£20.5m

Engages in the provision of specialist sensor systems in the United Kingdom, North America, South America, Australia, Europe, and internationally.

Finseta

Market Cap: UK£8.5m

A foreign exchange and payment company, engages in the provision of multi-currency accounts to businesses and individuals.

One Media iP Group

Market Cap: UK£8.3m

Engages in the acquisition and exploitation of mixed media intellectual property rights for distribution through the digital medium and traditional media outlets in the United Kingdom, Europe, North America, and internationally.

SpaceandPeople

Market Cap: UK£4.2m

Provides commercial and promotional space and retail solutions for businesses to promote and acquire customers in shopping centers, retail parks, railway stations, and other locations in the United Kingdom and Germany.

Dillistone Group

Market Cap: UK£1.7m

Provides technology solutions and services in the United Kingdom, rest of Europe, the Americas, Australia, and internationally.