Global Undervalued based on future growth

ACT Energy Technologies

Market Cap: CA$232.9m

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

Hostelworld Group

Market Cap: UK£127.8m

Operates as an online travel agent focused on the hostel market worldwide.

Tidewater Renewables

Market Cap: CA$231.4m

Engages in production of renewable fuel in North America.

Kolon Global

Market Cap: ₩250.2b

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

JTC

Market Cap: ₩248.1b

Operates retail shops in Japan and South Korea.

Nippon Carbide Industries

Market Cap: JP¥26.6b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Sanoh Industrial

Market Cap: JP¥26.5b

Manufactures and sells automotive parts worldwide.

GE-Shen Corporation Berhad

Market Cap: RM 657.2m

An investment holding company, manufactures and trades in plastic moulded products, components, tools and die, fabricated metal products, and other related products in Malaysia, Singapore, and Vietnam.

CUC

Market Cap: JP¥26.3b

Offers healthcare services in Japan and internationally.

YesAsia Holdings

Market Cap: HK$1.3b

An investment holding company, engages in trading of Asian fashion and lifestyle, beauty, cosmetics, accessories, and entertainment products.

Amadeus FiRe

Market Cap: €142.9m

Provides personnel and training services in Germany.

PT. Media Nusantara Citra

Market Cap: Rp2.8t

Operates as an integrated media company that produces and distributes various content on television and other platforms in Indonesia.

Peter Warren Automotive Holdings

Market Cap: AU$232.2m

Engages in the sale of new and used motor vehicles in Australia.

INTLOOP

Market Cap: JP¥26.1b

Provides system development, network construction, infrastructure implementation, and IT human resources services in Japan and internationally.

SamyoungLtd

Market Cap: ₩243.0b

Manufactures and sells electronic and packaging films in South Korea.

Garda Property Group

Market Cap: AU$231.8m

Garda Property Group (ASX: GDF) (Garda) is an industrial real estate investor, developer and active manager with investments predominately in Brisbane.

Lovesac

Market Cap: US$164.9m

Designs, manufactures, and sells furniture.

Obour Land for Food IndustriesE

Market Cap: ج.م8.6b

Manufactures and distributes dairy products in Egypt.

Zalaris

Market Cap: NOK 1.6b

Provides full-service outsourced personnel and payroll services.

Source Energy Services

Market Cap: CA$221.1m

Engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States.

Emak

Market Cap: €139.2m

Manufactures and distributes machines, components, and accessories for gardening, agriculture, forestry, and industries worldwide.

SK D&D

Market Cap: ₩237.6b

Engages in the real estate development business in South Korea.

APT Electronics

Market Cap: HK$1.3b

Manufactures and sells intelligent vision products and system solutions in Mainland China and internationally.

Nippon Aqua

Market Cap: JP¥25.3b

Engages in the development, sale, and installation of insulation materials in Japan.

Dollar Industries

Market Cap: ₹14.7b

Manufactures and sells hosiery products in knitted inner wears, casual wears, and thermal wears in India.

Cash Converters International

Market Cap: AU$223.5m

Provides unsecured lending and second-hand retail services in Australia, New Zealand, the United Kingdom, and internationally.

Somany Ceramics

Market Cap: ₹14.6b

Manufactures and sells ceramic tiles and related products in India.

Arab Tunisian Bank

Market Cap: د.ت460.8m

Provides various banking products and services for individuals and companies primarily in Tunisia.

Sjg SejongLtd

Market Cap: ₩233.5b

Engages in the research and development, production, and supply of automotive parts in South Korea and internationally.

BBGI

Market Cap: ฿5.0b

Manufactures and distributes biofuel and related products in Thailand.

Dialight

Market Cap: UK£117.8m

Develops, manufactures, and supplies LED lighting solutions for hazardous and industrial applications in North America, Europe, the Middle East, Africa, and internationally.

Lindsay Australia

Market Cap: AU$220.9m

Provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia.

General de Alquiler de Maquinaria

Market Cap: €135.2m

Primarily engages in the equipment rental business in Spain, Portugal, Latam, and internationally.

Shanti Gold International

Market Cap: ₹14.4b

Engages in the design, manufacture, and wholesale of gold jewellery in India, the United States, the United Arab Emirates, Qatar, and Singapore.

AMPAK Technology

Market Cap: NT$5.0b

Engages in the research, design, development, production, market, and sale of wireless module in Taiwan.

EASY BIOInc

Market Cap: ₩229.9b

Manufactures and sales of feed additives and piglet feed in South Korea and internationally.