Global Undervalued based on future growth

Aksigorta

Market Cap: ₺12.6b

Provides various life and non-life insurance products and services to retail and corporate customers in Turkey.

Econocom Group

Market Cap: €246.4m

Designs and develops digital solutions for public and private companies in Belgium and internationally.

Akatsuki

Market Cap: JP¥44.8b

Engages in the entertainment, lifestyle, and solutions businesses in Japan.

Immobel

Market Cap: €244.4m

Engages in the real estate development business in Belgium, France, Luxembourg, Germany, Poland, Spain, and the United Kingdom.

MM Group for Industry and International TradeE

Market Cap: ج.م14.7b

MM Group for Industry and International Trade S.A.E.

Gulf Marine Services

Market Cap: UK£209.7m

Operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, the Kingdom of Saudi Arabia, Qatar, and Europe.

Midland Holdings

Market Cap: HK$2.2b

An investment holding company, provides property agency services in Hong Kong, Macau, and Mainland China.

T&L

Market Cap: ₩410.1b

Engages in the manufacture and sale of medical and polymer material products in South Korea.

Wiz Co Participações e Corretagem de Seguros

Market Cap: R$1.5b

Wiz Co Participações e Corretagem de Seguros S.A.

Parag Milk Foods

Market Cap: ₹25.5b

Processes, manufactures, and sells milk and milk products in India and worldwide.

SRE Holdings

Market Cap: JP¥43.8b

Engages in the AI cloud and consulting, and real estate tech businesses in Japan.

HL Holdings

Market Cap: ₩407.7b

Engages in the mobility service, logistics service, and cold chain service businesses in South Korea and internationally.

North East Rubber

Market Cap: ฿8.8b

Manufactures and sells rubber products in Thailand.

Trisul

Market Cap: R$1.4b

Engages in the construction and development of real estate properties in Brazil.

Esprinet

Market Cap: €238.3m

Engages in the wholesale distribution of information technology (IT) products and consumer electronics in Italy, Spain, Portugal, and rest of Europe.

CAB Payments Holdings

Market Cap: UK£203.6m

Through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, supranationals, and governments in the United Kingdom and internationally.

EASY HOLDINGS

Market Cap: ₩402.0b

Operates in the biological resource industry.

Abeona Therapeutics

Market Cap: US$271.5m

A clinical-stage biopharmaceutical company, develops gene and cell therapies for life-threatening diseases.

V Technology

Market Cap: JP¥42.9b

Engages in the development, manufacture, sale, and service of equipment for flat panel displays (FPDs) and semiconductors in Japan.

Dexus Convenience Retail REIT

Market Cap: AU$378.8m

A listed Australian real estate investment trust.

EXEL Industries

Market Cap: €234.0m

Engages in the manufacture and sale of agricultural spraying equipment in France and internationally.

Diana Shipping

Market Cap: US$269.3m

Provides shipping transportation services worldwide.

WITS

Market Cap: NT$8.6b

Provides information technology (IT) services in Taiwan, Mainland China, Japan, the United States, and internationally.

IPS

Market Cap: JP¥42.5b

Provides IT and telecommunications services in Japan and the Philippines.

HI Mobility Berhad

Market Cap: RM 1.1b

Through its subsidiary, provides cross-border and local bus services in Malaysia and Singapore.

Iochpe-Maxion

Market Cap: R$1.4b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Appear

Market Cap: NOK 2.6b

Develops and provides live production technology, specializing in sustainable solutions for media processing and content delivery in Norway, the United Kingdom, and the United States.

Norwood Financial

Market Cap: US$263.9m

Operates as the bank holding company for Wayne Bank that provides various banking products and services in the United States.

Even Construtora e Incorporadora

Market Cap: R$1.4b

Operates as a real estate developer and builder in Brazil.

Dharma Polimetal

Market Cap: Rp4.5t

Through its subsidiaries, manufactures and sells automotive components for motorcycles and cars in Indonesia.

Jaya Tiasa Holdings Berhad

Market Cap: RM 1.0b

An investment holding company, engages in the extraction and sale of logs in Malaysia.

Dimand

Market Cap: €228.2m

Engages in the investment, development, and sale of real estate properties in Greece.

Resimac Group

Market Cap: AU$367.6m

Provides residential mortgage and asset finance lending products in Australia and New Zealand.

Integrated Wind Solutions

Market Cap: NOK 2.5b

Through its subsidiaries, provides offshore wind services in the United Kingdom, the Netherlands, Taiwan, Poland, Belgium, Greece, France, Denmark, Norway, and internationally.

SeAH Steel

Market Cap: ₩387.3b

Manufactures and sells steel products in South Korea.

CJ Freshway

Market Cap: ₩385.8b

Engages in the distribution of food materials in Korea and internationally.