Global Undervalued based on future growth

ASROCK Incorporation

Market Cap: NT$26.0b

Designs, develops, and sells motherboards in Asia, Europe, America, and internationally.

Standard Motor Products

Market Cap: US$806.3m

Manufactures and distributes replacement automotive parts in the United States, Europe, Canada, Mexico, Poland, and internationally.

HDC HOLDINGSLtd

Market Cap: ₩1.2t

Engages in real estate development and construction activities in South Korea.

Basilea Pharmaceutica

Market Cap: CHF 636.7m

A Swiss commercial-stage biotech company focused on developing and commercializing treatments for severe bacterial and fungal infections.

IDOM

Market Cap: JP¥128.4b

IDOM Inc. purchases and sells used cars in Japan and internationally.

CNB Financial

Market Cap: US$797.3m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

Citicore Renewable Energy

Market Cap: ₱47.7b

Operates as a renewable energy developer through solar, run-of-river hydro, and wind energy platforms in Philippines.

Dexco

Market Cap: R$4.2b

Engages in the production and sale of wooden panels in Brazil and internationally.

Mid Penn Bancorp

Market Cap: US$792.4m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, institutional clients, partnerships, non-profit organizations, businesses, and corporations in Pennsylvania and New Jersey, the United States.

Lotte Chilsung Beverage

Market Cap: ₩1.2t

Manufactures and sells soft drinks, liquor, fruit/vegetable drinks, grain drinks, and food and other beverages in Korea, the Philippines, Pakistan, the United States, Japan, China, Myanmar, Singapore, and Russia.

Jiangsu Changshu Automotive Trim Group

Market Cap: CN¥5.5b

Jiangsu Changshu Automotive Trim Group Co., Ltd.

Dong Fang Offshore

Market Cap: NT$25.4b

Provides offshore maritime solutions.

Topre

Market Cap: JP¥126.1b

Engages in the press-related products and temperature-controlled logistics-related businesses in Japan.

Sumitomo Osaka Cement

Market Cap: JP¥126.0b

Engages in the cement business in Japan and internationally.

Polar Capital Holdings

Market Cap: UK£593.2m

Polar Capital Holdings plc is a publicly owned investment manager.

LOTTE rentalltd

Market Cap: ₩1.2t

Provides rental services in South Korea, Thailand, and Vietnam.

Olectra Greentech

Market Cap: ₹72.2b

Manufactures and sells electric buses and trucks in India.

Viglacera

Market Cap: ₫20.5t

Manufactures and sells building materials in Vietnam.

JAFCO Group

Market Cap: JP¥124.1b

JAFCO Group Co., Ltd. formerly known as JAFCO Co., Ltd.

Kinepolis Group

Market Cap: €679.4m

Operates and manages cinemas in Belgium, France, Canada, Spain, the Netherlands, the United States, Luxembourg, and internationally.

Binjiang Service Group

Market Cap: HK$6.1b

Provides property management and related services in the People’s Republic of China.

RAK Properties PJSC

Market Cap: د.إ2.8b

Engages in the investment, development, and management of real estate properties in the United Arab Emirates.

Türkiye Sinai Kalkinma Bankasi

Market Cap: ₺34.1b

Operates as a development and investment bank in Turkey.

Harum Energy

Market Cap: Rp13.1t

Through its subsidiaries, engages in the coal and nickel mining, logistics, and nickel processing and refining activities in Indonesia and internationally.

AsiaInfo Technologies

Market Cap: HK$6.0b

An investment holding company, offers telecom software products and related services in the People’s Republic of China.

Camden National

Market Cap: US$769.8m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

RMK Energy

Market Cap: Rp13.0t

Provides coal logistic services in Indonesia.

Texhong International Group

Market Cap: HK$6.0b

An investment holding company, primarily manufactures and sells yarns, grey fabrics, and non-woven and garment fabrics.

Admie Holding

Market Cap: €657.1m

Operates, controls, maintains, and develops an electricity transmission system for the supply of electricity in Greece.

Empreendimentos Pague Menos

Market Cap: R$4.0b

Engages in the retail sale of medicines, perfumes, personal hygiene and beauty products in Brazil.

One United Properties

Market Cap: RON 3.3b

Develops and sells real estate properties in Romania.

Mavi Giyim Sanayi ve Ticaret

Market Cap: ₺33.0b

Engages in the wholesale and retail sale of ready-to-wear denim apparel in Turkey and internationally.

Kyokuto Kaihatsu KogyoLtd

Market Cap: JP¥119.0b

Manufactures and sells special purpose vehicles, environmental equipment and systems, and car parking systems in Japan.

KoMiCo

Market Cap: ₩1.1t

Provides semiconductor equipment cleaning and coating products in South Korea, the United States, China, Taiwan, and Singapore.

Koppers Holdings

Market Cap: US$741.8m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.

Senci Electric MachineryLtd

Market Cap: CN¥5.1b

Develops, manufactures, and sells small engines and electric alternators in China and internationally.