Global Undervalued based on future growth

Cox ABG Group

Market Cap: €801.4m

Operates as an integrated utility of water and energy company in South America, Mexico, Europe, Africa, Spain, Latin America, and internationally.

Nippon Paper Industries

Market Cap: JP¥146.4b

Engages in the production and sale of pulp and paper products in Japan, Oceania, Asia, North America, and internationally.

Shandong Sunway Chemical Group

Market Cap: CN¥6.3b

Engages in engineering, chemical, and catalysts businesses in China.

Shenzhen Highpower Technology

Market Cap: CN¥6.3b

Engages in the research, design, development, manufacture, and sale of lithium-ion and nickel-metal hydride (Ni-MH) batteries in China and internationally.

Equity Bancshares

Market Cap: US$916.1m

Operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers.

Sirio Pharma

Market Cap: CN¥6.3b

Operates as a contract manufacturer for dietary supplement industry worldwide.

Ülker Bisküvi Sanayi

Market Cap: ₺40.3b

Manufactures, markets, and sells biscuits, chocolates, chocolate coated biscuits, wafers, and cakes in Turkey and internationally.

HDC Hyundai Development

Market Cap: ₩1.3t

Operates as a financial real estate company, provides real estate services primarily in South Korea.

Pagaya Technologies

Market Cap: US$904.5m

A product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial services, their customers, and institutional or sophisticated investors in the United States, Israel, and the Cayman Islands.

Esquire Financial Holdings

Market Cap: US$900.8m

Operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small businesses, and commercial and retail customers in the United States.

Sunrise Group

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of food and beverage packaging containers in China.

Investcorp Capital

Market Cap: د.إ3.3b

Operates as an alternative investment company.

Abu Dhabi Islamic Bank - Egypt -E

Market Cap: ج.م46.9b

Provides various banking products and services to individuals and corporates in Egypt and internationally.

SAF-Holland

Market Cap: €778.5m

Manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.

Karnataka Bank

Market Cap: ₹82.3b

Provides various banking and financial services in India.

John B. Sanfilippo & Son

Market Cap: US$891.4m

Through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States.

Strides Pharma Science

Market Cap: ₹82.2b

Develops, manufactures, and sells pharmaceutical products in Africa, Australia, North America, Europe, Asia, and internationally.

Southside Bancshares

Market Cap: US$889.7m

Operates as the bank holding company for Southside Bank that provides various financial services to individuals, businesses, municipal entities, and nonprofit organizations.

Dialog Axiata

Market Cap: LK₨276.0b

Provides communication and telecommunication infrastructure services to individuals and corporates in Sri Lanka.

NB Bancorp

Market Cap: US$885.5m

Focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in the Greater Boston metropolitan area and surrounding communities in the United States.

LOTTE Fine Chemical

Market Cap: ₩1.3t

Engages in the manufacture and sale of chemical products in Korea.

Savencia

Market Cap: €756.1m

Produces, distributes, and markets dairy and cheese products in France, the Rest of Europe, and internationally.

Intelbras - Indústria de Telecomunicação Eletrônica Brasileira

Market Cap: R$4.6b

Engages in the manufacturing, developing, and sale of electronic security equipment and electronic surveillance and monitoring services in Brazil.

Business First Bancshares

Market Cap: US$853.4m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

IRB-Brasil Resseguros

Market Cap: R$4.5b

Provides reinsurance solutions in Brazil and internationally.

Dharma Satya Nusantara

Market Cap: Rp14.3t

Operates in the palm oil and wood product business in Indonesia.

Cascades

Market Cap: CA$1.2b

Produces, converts, and markets packaging and tissue products in Canada and the United States.

AP (Thailand)

Market Cap: ฿27.2b

Engages in the provision of real estate development business in Thailand.

Security Bank

Market Cap: ₱50.1b

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

TeamViewer

Market Cap: €729.9m

Provides remote connectivity solutions worldwide.

Manitou BF

Market Cap: €727.1m

Engages in the development, manufacture, and distribution of equipment and services in France, Southern Europe, Northern Europe, the Americas, Asia, the Pacific, Africa, and the Middle East.

Valmore Holding

Market Cap: US$832.7m

An investment holding company specializes in private equity, Mezzanine and secondary investing.

Amerant Bancorp

Market Cap: US$831.5m

Operates as the bank holding company for Amerant Bank, N.A.

Sun Country Airlines Holdings

Market Cap: US$830.7m

An air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally.

Union Properties

Market Cap: د.إ3.0b

Invests in and develops properties.

Luyang Energy-Saving Materials

Market Cap: CN¥5.7b

Engages in the research and development, production, sales, and application design and construction of refractory and thermal insulation products in China and internationally.