Global Undervalued based on future growth

Bowhead Specialty Holdings

Market Cap: US$740.9m

Provides commercial specialty property and casualty insurance products in the United States.

Liberty Financial Group

Market Cap: AU$1.1b

Engages in providing loan finance services in Australia.

Genus Power Infrastructures

Market Cap: ₹68.2b

Provides smart metering solutions in India and internationally.

Mitsui High-tec

Market Cap: JP¥117.1b

Produces and sells lead frames, precision tools, motor cores, and surface grinders for the electronics, automobile, and industrial machinery industries in Japan, China, and internationally.

World

Market Cap: JP¥117.1b

Through its subsidiaries, plans, manufactures, retails, sells, and imports/exports apparel and fashion products in Japan and internationally.

Farmers National Banc

Market Cap: US$732.1m

Operates as a bank holding company for The Farmers National Bank of Canfield that engages in the banking, trust, retirement consulting, insurance, and financial management businesses.

Navigator Global Investments

Market Cap: AU$1.0b

HFA Holdings Limited operates as a fund management company in Australia.

Japan Investment Adviser

Market Cap: JP¥115.8b

Provides various financial solutions in Japan.

Movida Participações

Market Cap: R$3.8b

Through its subsidiaries, provides car rental services in Brazil.

Astra Otoparts

Market Cap: Rp12.2t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.

Franklin BSP Realty Trust

Market Cap: US$720.6m

A real estate finance company, originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure in the United States and internationally.

Geo Energy Resources

Market Cap: S$922.5m

An investment holding company, engages in the mining, production, and trading of coal.

Stingray Group

Market Cap: CA$986.7m

Operates as a music, media, and technology company in Canada, the United States, and internationally.

Harworth Group

Market Cap: UK£543.1m

Operates as a land and property regeneration company in the North of England and the Midlands.

Strawberry Fields REIT

Market Cap: US$717.9m

A self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties.

Sercomm

Market Cap: NT$23.0b

Researches, develops, manufactures, and sells networking communication software and equipment in North America, Europe, and the Asia Pacific.

Riley Exploration Permian

Market Cap: US$716.0m

An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico.

Apogee Enterprises

Market Cap: US$715.6m

Provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil.

Atlanticus Holdings

Market Cap: US$715.5m

A financial technology company, provides products and services to lenders in the United States.

Nagarro

Market Cap: €625.9m

Provides digital product engineering and technology solutions in Germany, the United States of America, and internationally.

EFG Holding CompanyE

Market Cap: ج.م37.2b

A financial services company, provides investment banking products and services in Egypt, rest of GCC countries, and internationally.

Vikram Solar

Market Cap: ₹65.7b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Vamos Locação de Caminhões Máquinas e Equipamentos

Market Cap: R$3.8b

Engages in the leasing, reselling, and selling of trucks, machinery, equipment, and parts in Brazil.

OppFi

Market Cap: US$704.8m

A tech-enabled digital finance platform, provides financial products and services for banks in the United States.

China Oriental Group

Market Cap: HK$5.5b

Manufactures and sells iron and steel products for downstream steel manufacturers in the People’s Republic of China.

EZTEC Empreendimentos e Participações

Market Cap: R$3.7b

EZTEC Empreendimentos e Participações S.A.

BFF Bank

Market Cap: €615.4m

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.

Ganyuan Foods

Market Cap: CN¥4.8b

Engages in the research and development, production, and sales of snack foods in China.

SPAR Group

Market Cap: R11.9b

Engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally.

AEON Credit Service (M) Berhad

Market Cap: RM 2.8b

Provides consumer financial services in Malaysia.

SK ChemicalsLtd

Market Cap: ₩1.0t

Provides chemicals and life sciences products and solutions in South Korea, China, Japan, Asia, the United States, Europe, and internationally.

YouYou Foods

Market Cap: CN¥4.8b

Provides food products in China.

Gerresheimer

Market Cap: €610.3m

Provides medicine packaging, drug delivery devices, and solutions in Germany and internationally.

Jiangsu TongLin ElectricLtd

Market Cap: CN¥4.8b

Engages in the research, development, and manufacture of photovoltaic (PV) connection systems, PV power stations, electrical equipment, cables and wires, and industrial automation solutions in China.

Anhui Korrun

Market Cap: CN¥4.8b

Engages in the research and development, design, production, and sales of various travel products in China and internationally.

Shuangdeng Group

Market Cap: HK$5.4b

Provides energy storage solutions in China.