Global Materials Undervalued based on future growth

S&D

Market Cap: ₩248.8b

Develops and sells health functional food in South Korea.

WONIK MaterialsLtd

Market Cap: ₩246.4b

Manufactures and sells specialty gases in South Korea, China, and internationally.

Arabian Cement CompanyE

Market Cap: ج.م8.7b

Manufactures and sells cement and other related products in Egypt.

Sylvania Platinum

Market Cap: UK£127.5m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Soken Chemical & Engineering

Market Cap: JP¥24.3b

Manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes in Japan, China, and internationally.

I G Petrochemicals

Market Cap: ₹13.2b

Engages in the manufacture and sale of organic chemicals in India and internationally.

IFGL Refractories

Market Cap: ₹13.2b

Engages in the manufacturing, trading, and selling of refractory items and related equipment and accessories used in steel plants in India and internationally.

Serabi Gold

Market Cap: UK£114.4m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Arakawa Chemical Industries

Market Cap: JP¥20.9b

Manufactures and sells chemicals for functional coating agents, paper manufacturing, resins for printing inks and adhesives, materials for electronic materials, etc.

Samyang Packaging

Market Cap: ₩208.5b

Manufactures and sells PET bottles for beverages, food, and various other purposes in South Korea.

Seng Fong Holdings Berhad

Market Cap: RM 602.6m

An investment holding company, processes and sells natural rubber to tyre manufactueres in Malaysia, rest of Asia, Europe, and Oceania.

Fenix Resources

Market Cap: AU$214.9m

Engages in the exploration, development, and mining of mineral tenements in Western Australia.

Tokyo Rope Mfg

Market Cap: JP¥19.1b

Manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally.

AIC Mines

Market Cap: AU$207.2m

Engages in exploration, acquisition, and development of mineral properties in Australia.

Vittia

Market Cap: R$747.4m

Offers fertilizers in Brazil and internationally.

Moorim P&P

Market Cap: ₩188.3b

Produces and sells paper and pulp products in South Korea and internationally.

CNMC Goldmine Holdings

Market Cap: S$168.2m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

Jubilee Metals Group

Market Cap: UK£94.9m

Jubilee Metals Group plc operates as a diversified metals processing and recovery company.

Fumakilla

Market Cap: JP¥18.1b

Manufactures, sells, imports, and exports household, gardening, and business products worldwide.

Aeris Resources

Market Cap: AU$193.7m

Engages in the production, exploration, and sale of precious metals in Australia.

International Steels

Market Cap: PK₨32.8b

Engages in the manufacture and sale of flat steel products in Pakistan.

NCL Industries

Market Cap: ₹9.5b

Manufactures and sells building materials in India.

Nippon Carbide Industries

Market Cap: JP¥15.6b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Taoka Chemical Company

Market Cap: JP¥14.7b

Manufactures and sells various chemicals in Japan and internationally.

Nitta Gelatin

Market Cap: JP¥14.6b

Produces and sells edible gelatin, pharmaceutical gelatin, and photographic gelatin in Japan.

Capral

Market Cap: AU$154.1m

Engages in the manufacturing and distribution of fabricated and semi-fabricated aluminum related products in Australia.

Rottneros

Market Cap: SEK 921.5m

Develops and produces chemical and mechanical market pulp worldwide.

Thai Eastern Group Holdings

Market Cap: ฿3.1b

Engages in the rubber, palm oil, renewable energy and organic waste management, and logistics businesses in Thailand and internationally.

Taekyung Chemical

Market Cap: ₩133.9b

Manufactures and sells liquid and solid carbon dioxide and dry ice in Korea.

Dong Hai Ben Tre

Market Cap: ₫2.3t

Manufactures, sells, and trades in pulp, kraft paper, paper board, and carton packaging products in Vietnam.

Mega Fortris Berhad

Market Cap: RM 371.8m

Designs, manufactures, and sells security seals in the Asia Pacific, Europe, the United States, and the Middle East.

Ratnaveer Precision Engineering

Market Cap: ₹7.1b

Engages in the manufacture, export, and supply of stainless-steel products in India and internationally.

Fortress Minerals

Market Cap: S$109.9m

An investment holding company, engages in the exploration, mining, production, and sale of iron ore concentrates.

Ultrafabrics HoldingsLtd

Market Cap: JP¥10.8b

Manufactures and sells polyurethane leather products in Japan, North America, Europe, and internationally.

Critical Elements Lithium

Market Cap: CA$93.6m

Engages in the acquisition, exploration, and development of mining properties in Canada.

BP Plastics Holding Bhd

Market Cap: RM 278.7m

An investment holding company, engages in the manufacturing and trading of plastic products in Malaysia, rest of Asia, and internationally.