Global Undervalued based on future growth

LBS Bina Group Berhad

Market Cap: RM 735.1m

An investment holding company, primarily engages in property development business in Malaysia and Saudi Arabia.

Afentra

Market Cap: UK£139.8m

Operates as an upstream oil and gas company primarily in Africa.

BAIKSAN Co

Market Cap: ₩276.4b

Engages in the production, manufacture, and sale of synthetic leather, resin, and non-woven fabric in South Korea.

Göknur Gida Maddeleri Enerji Imalat Ithalat Ihracat Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺8.2b

Manages and processes fruits and vegetables in Turkey.

Jalles Machado S/A

Market Cap: R$961.9m

Produces, markets, and exports sugar, ethanol, and other by-products from sugarcane.

M & B Engineering

Market Cap: ₹17.1b

An engineering company, engages in the design, manufacturing, and installation of pre-engineered metal buildings, self-supported steel roofing, and complex steel components.

Purcari Wineries

Market Cap: RON 811.2m

Through its subsidiaries, engages in the production, bottling, and sale of wines in Central and Eastern Europe.

H&R GmbH KGaA

Market Cap: €159.3m

Engages in the manufacture and sale of chemical-pharmaceutical raw materials and injection molded precision plastic parts in Europe, Africa, Asia, and internationally.

Marvelous

Market Cap: JP¥29.2b

Engages in the planning, development, production, marketing, and sale of game software for home-use game machines.

UmweltBank

Market Cap: €159.0m

Provides various banking products and services in Germany.

Solocal Group

Market Cap: €158.3m

Provides digital services in France and internationally.

OMS Energy Technologies

Market Cap: US$183.0m

Through its subsidiaries, manufactures and sells specialty connectors and pipes, surface wellhead and Christmas trees, premium threading services, and other ancillary services in Saudi Arabia, Singapore, Malaysia, Thailand, Indonesia and internationally.

Able C&C

Market Cap: ₩268.0b

Manufactures, distributes, retails, and sells cosmetics and household goods in South Korea, China, Japan, rest of Asia, Europe, and North and Central America.

Pioneer Cement

Market Cap: PK₨50.8b

As of February 20, 2026, operates as a subsidiary of Maple Leaf Cement Factory Limited.

Jæren Sparebank

Market Cap: NOK 1.7b

Engages in providing various financial products and services to individuals and businesses in Norway.

HL D&I Halla

Market Cap: ₩266.9b

HL D&I Halla Corporation undertakes various construction projects in South Korea and internationally.

CPI Card Group

Market Cap: US$180.8m

Provides physical and digital payment solutions for financial institutions, processors, fintechs, prepaid program managers, and other organizations in the United States.

Sparebanken Øst

Market Cap: NOK 1.7b

Operates as a savings bank in Eastern Norway.

Silvercrest Asset Management Group

Market Cap: US$180.0m

A wealth management firm, provides financial advisory and related family office services in the United States.

Hi-Tech Pipes

Market Cap: ₹16.6b

Manufactures and sells steel in India.

Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) (S.A.E)

Market Cap: ج.م9.3b

Produces and sells a range of branded generic pharmaceuticals, food supplements, veterinary products, and nutraceuticals in Egypt.

Eagle Financial Services

Market Cap: US$179.4m

Operates as the bank holding company for Bank of Clarke that provides various retail and commercial banking products and services in the United States.

EVA Precision Industrial Holdings

Market Cap: HK$1.4b

An investment holding company, provides precision manufacturing services in the People’s Republic of China, Vietnam, and Mexico.

Duke Capital

Market Cap: UK£133.4m

A private equity firm specializing in Management Buyouts, buy-and-build strategies, mid-market, minority buyouts, restructuring investments & royalty financing in small and medium size businesses.

Cashbuild

Market Cap: R2.9b

Engages in the retailing of building materials and associated products in South Africa, Botswana, Eswatini, Lesotho, Namibia, Zambia, and Malawi.

Elentec

Market Cap: ₩263.8b

Engages in the manufacture and sale of electronic and communication products in South Korea and internationally.

LIMES Schlosskliniken

Market Cap: €154.5m

Operates private clinics for psychiatry, psychotherapy, and psychosomatics services in Germany, Switzerland, and Liechtenstein.

Hecto Innovation

Market Cap: ₩262.7b

Operates as an IT platform company in the field of information security primarily in Korea.

Tiong Woon Corporation Holding

Market Cap: S$226.0m

An investment holding company, provides integrated services for the oil and gas, petrochemical, infrastructure, and construction sectors.

Aidma Holdings

Market Cap: JP¥28.1b

Engages in the sales, business, and management support businesses in Japan.

Citizens Community Bancorp

Market Cap: US$176.3m

Operates as a bank holding company for Citizens Community Federal N.A.

Arakawa Chemical Industries

Market Cap: JP¥27.9b

Provides chemicals for functional coating agents and paper manufacturing, resins for printing inks and adhesives, and materials for electronics in Japan, China, Asia, North and South America, Europe, and internationally.

SpareBank 1 Nordmøre

Market Cap: NOK 1.7b

Provides various banking products and services in Norway.

ACT Energy Technologies

Market Cap: CA$237.4m

Provides directional drilling services to oil and natural gas exploration and development companies in Canada and the United States.

Kolon Global

Market Cap: ₩257.2b

Engages in the construction, trading, and distribution businesses in South Korea and internationally.

Cherat Cement

Market Cap: PK₨48.7b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.