Global Undervalued based on future growth

Gibraltar Industries

Market Cap: US$1.2b

Manufactures and provides products and services for the residential, agtech, and infrastructure markets in the United States and internationally.

d'Alba Global

Market Cap: ₩1.8t

Engages in the manufacturing and sale of perfumes and cosmetic products in South Korea and internationally.

Capital Clean Energy Carriers

Market Cap: US$1.2b

A shipping company, provides marine transportation services in Greece.

LAMDA Development

Market Cap: €1.1b

Lamda Development S.A., together with its subsidiaries, engages in the investment in, development, and project management activities in the commercial real estate market in Greece and internationally.

Silvery Dragon Group Tianjin

Market Cap: CN¥8.3b

Researches, develops, manufactures and sells prestressed steel products in China and internationally.

Xiaocaiyuan International Holding

Market Cap: HK$9.4b

An investment holding company, engages in the restaurant business in the People’s Republic of China.

Qisda

Market Cap: NT$38.5b

Manufactures, sells, and services monitors, opto-mechatronics products, and optoelectronics film in Taiwan, the Americas, Mainland China, Japan, and internationally.

Trinity Capital

Market Cap: US$1.2b

A business development company specializing in term loans, equipment financing, and private equity-related investments.

Heiwa

Market Cap: JP¥190.8b

Develops, manufactures, and sells pachinko and pachislot machines in Japan.

Deluxe

Market Cap: US$1.2b

Provides technology-enabled solutions to small and medium-sized businesses, and financial institutions in the United States and Canada.

Arriyadh Development

Market Cap: ر.س4.4b

Engages in the purchase and sale of lands and real estate in Saudi Arabia.

Coastal Financial

Market Cap: US$1.2b

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small and medium-sized businesses in the Puget Sound region in Washington.

ZJMI Environmental Energy

Market Cap: CN¥8.1b

Engages in the coal circulation, cogeneration, and new energy businesses.

Okaya

Market Cap: JP¥185.9b

Engages in the selling, exporting, and importing of iron and steel, special steel, non-ferrous metals in Japan and internationally.

Judo Capital Holdings

Market Cap: AU$1.6b

Through its subsidiaries, engages in the provision of various banking products and services for small and medium businesses in Australia.

Banpu Power

Market Cap: ฿37.5b

Engages in the generation and distribution of thermal and renewable power in Thailand, Laos, China, Japan, Vietnam, Indonesia, Australia, and the United States.

Guangzhou Guangri StockLtd

Market Cap: CN¥7.9b

Manufactures and sells elevators and related parts in China.

Infinity Natural Resources

Market Cap: US$1.2b

Engages in the acquisition, exploration, and development of properties to produce crude oil, natural gas, and natural gas liquids in the United States.

CONMED

Market Cap: US$1.1b

A medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures.

No Va Land Investment Group

Market Cap: ₫30.1t

Engages in real estate trading in Vietnam.

Five-Star Business Finance

Market Cap: ₹105.5b

Operates as a non-banking financial company in India.

GELEX Group

Market Cap: ₫30.0t

Primarily engages in the production and sale of electrical equipment principally in Vietnam.

Megaworld

Market Cap: ₱68.2b

Engages in the development, sale, and leasing of real estate properties in the Philippines.

Naftna Industrija Srbije a.d

Market Cap: дин117.1b

An integrated oil company, engages in the exploration, development, and production of crude oil and gas in Serbia.

Catalyst Metals

Market Cap: AU$1.6b

Engages in the mineral exploration and evaluation in Australia.

JOST Werke

Market Cap: €981.8m

Manufactures and supplies safety-critical systems for the commercial vehicle industry in Germany, Europe, North America, Asia, the Pacific, and Africa.

Three Squirrels

Market Cap: CN¥7.8b

Produces and retails food products.

Jiangsu Changhai Composite Materials

Market Cap: CN¥7.8b

Engages in the research and development, production, and sale of glass fiber products and composite materials.

KinhBac City Development Holding

Market Cap: ₫29.3t

Invests in, construct, and trades in infrastructure inside and outside industrial parks in Vietnam.

PROG Holdings

Market Cap: US$1.1b

A financial technology holding company, provides payment options to consumers in the United States.

TWFG

Market Cap: US$1.1b

Operates an independent distribution platform for personal and commercial insurance products in the United States.

Chow Sang Sang Holdings International

Market Cap: HK$8.7b

An investment holding company, manufactures and retails jewellery in the Mainland China, Hong Kong, Macau, and Taiwan.

Kolmar Korea

Market Cap: ₩1.6t

Researches, develops, produces, and sells beauty and health products in South Korea and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.6b

An investment holding company, provides tea drink products in the People’s Republic of China.

Altri SGPS

Market Cap: €955.9m

Produces and sells cellulosic fibers in Portugal and internationally.

Kingsgate Consolidated

Market Cap: AU$1.6b

Engages in the exploration, development, and mining of mineral properties.