Global Undervalued based on future growth

Asia Sermkij Leasing

Market Cap: ฿5.2b

Engages in the provision of auto hire purchase services in Thailand.

CF Bankshares

Market Cap: US$161.8m

Operates as the bank holding company for CFBank, National Association that provides various banking products and services.

Hanover Bancorp

Market Cap: US$160.8m

Operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals.

AirAsia X Berhad

Market Cap: RM 675.1m

Provides long haul air transportation services under the AirAsia brand in Malaysia, Thailand, and Indonesia.

Nascon Allied Industries

Market Cap: ₦244.6b

Manufactures and sells refined, edible, and grade salt in Nigeria.

AAPICO Hitech

Market Cap: ฿5.1b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

Mark Dynamics Indonesia

Market Cap: Rp2.5t

Manufactures and sells hand former products in Indonesia and internationally.

Enea

Market Cap: SEK 1.5b

Provides software products for telecom and cybersecurity industries worldwide.

Citizens Community Bancorp

Market Cap: US$157.6m

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

NittoseikoLtd

Market Cap: JP¥23.1b

Manufactures and sells industrial fasteners and tools, industrial machinery and precision equipment, measurement and control equipment, and medical equipment in Japan, rest of Asia, and internationally.

Seanergy Maritime Holdings

Market Cap: US$154.7m

A shipping company, engages in the seaborne transportation of dry bulk commodities worldwide.

Origin Property

Market Cap: ฿5.0b

Engages in property development in Thailand.

Inforich

Market Cap: JP¥22.6b

Offers portable power bank sharing services in Japan.

Digital Daesung

Market Cap: ₩213.8b

Provides online and offline educational services in South Korea and internationally.

Modetour Network

Market Cap: ₩213.6b

Operates as a travel company in South Korea and internationally.

Suryoday Small Finance Bank

Market Cap: ₹13.5b

Operates as a small finance bank primarily serving the unserved and underserved with a focus on financial inclusion in India.

Alvopetro Energy

Market Cap: CA$212.2m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

Capital Small Finance Bank

Market Cap: ₹13.4b

Provides a range of banking and financial products and services for individuals and businesses in India.

Alithya Group

Market Cap: CA$212.0m

Provides information technology services and solutions through digital technologies in Canada, the United States, and internationally.

Alicon Castalloy

Market Cap: ₹13.4b

Engages in providing engineering solutions for aluminium alloy castings, low pressure and gravity die casting in India and internationally.

Arakawa Chemical Industries

Market Cap: JP¥22.4b

Manufactures and sells chemicals for functional coating agents, paper manufacturing, resins for printing inks and adhesives, materials for electronic materials, etc.

AIC Mines

Market Cap: AU$233.5m

Engages in exploration, acquisition, and development of mineral properties in Australia.

HL D&I Halla

Market Cap: ₩211.4b

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

NISSO HOLDINGS

Market Cap: JP¥22.2b

Provides human resources services in Japan.

HanmiGlobal

Market Cap: ₩210.0b

Provides construction project management services in South Korea and internationally.

Bassett Furniture Industries

Market Cap: US$151.1m

Manufactures, markets, and retails home furnishings in the United States.

Sparebanken Øst

Market Cap: NOK 1.5b

Operates as a savings bank in Eastern Norway.

Orge Enerji Elektrik Taahhüt Anonim Sirketi

Market Cap: ₺6.1b

Provides electricity contracting services in Turkey.

Seven West Media

Market Cap: AU$230.7m

Engages in the free to air television broadcasting and digital streaming in Australia and internationally.

Gentoo Media

Market Cap: SEK 1.4b

An iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally.

Delta Sugar

Market Cap: ج.م7.3b

Engages in the manufacture and sale of sugar beets in Egypt.

Fenix Resources

Market Cap: AU$229.8m

Engages in the exploration, development, and mining of mineral tenements in Western Australia.

BCB Bancorp

Market Cap: US$149.9m

Operates as the bank holding company for BCB Community Bank that provides various banking products and services to businesses and individuals in the United States.

Cebu Landmasters

Market Cap: ₱8.5b

Engages in the development, leasing, management, and sale of real estate properties in the Philippines.

Nice Information & Telecommunication

Market Cap: ₩206.6b

Nice Information & Telecommunication, Inc.

I G Petrochemicals

Market Cap: ₹13.0b

Engages in the manufacture and sale of organic and inorganic chemicals in India and internationally.