Global Undervalued based on future growth

SkyWorld Development Berhad

Market Cap: RM 525.0m

An investment holding company, engages in the property development business in Malaysia.

Jubilee Metals Group

Market Cap: UK£91.6m

Jubilee Metals Group plc operates as a diversified metals processing and recovery company.

Journey Energy

Market Cap: CA$170.5m

Engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada.

Lea Bank

Market Cap: SEK 1.2b

Provides various banking products and services in Norway, Sweden, Finland, and Spain.

South Atlantic Bancshares

Market Cap: US$122.8m

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

Bathurst Resources

Market Cap: AU$187.2m

Engages in exploration, development, and production of coal in New Zealand.

Pharos Energy

Market Cap: UK£87.3m

An independent energy company, explores, develops, and produces oil and gas properties in Vietnam and Egypt.

QB Net HoldingsLtd

Market Cap: JP¥17.2b

Operates in the hair cutting business in Japan, Hong Kong, Singapore, Taiwan, the United States, and internationally.

Decisive Dividend

Market Cap: CA$161.9m

Through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and fireplaces in Canada, the United States, and internationally.

Indel B

Market Cap: €100.2m

Manufactures and supplies cooling and refrigeration system worldwide.

Lever Style

Market Cap: HK$915.4m

An investment holding company, engages in the design, production, and trade of garments in the United States, Europe, Oceania, Greater China, and internationally.

Storebrand

Market Cap: NOK 1.2b

Provides insurance products and services in Norway, Sweden, the United Kingdom, Finland, Denmark, Germany, Luxemburg, and Ireland.

TCM Group

Market Cap: DKK 741.6m

Manufactures and sells kitchen and furniture products for bathrooms and storage in Denmark, Norway, and internationally.

TradeGo FinTech

Market Cap: HK$910.7m

An investment holding company, provides integrated securities trading platform services to brokerage firms and their clients in Hong Kong and the People’s Republic of China.

My Humble House Hospitality Management Consulting

Market Cap: NT$3.5b

My Humble House Hospitality Management Consulting Co., Ltd.

XEXYMIX

Market Cap: ₩159.7b

Manufactures and sells athleisure clothing in South Korea.

Ultralife

Market Cap: US$114.2m

Designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide.

Alarum Technologies

Market Cap: ₪385.0m

Provides web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, and Africa.

DK Tech

Market Cap: ₩157.8b

Manufactures and sells electronic components for smart devices in South Korea.

Lument Finance Trust

Market Cap: US$112.5m

A real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States.

Scope Fluidics

Market Cap: zł407.8m

A biotechnology company, designs and develops projects based on microfluidic technologies in medical diagnostics and healthcare in Poland.

Triple i Logistics

Market Cap: ฿3.6b

Provides domestic and international freight forwarding, and integrated logistics services in Thailand and internationally.

Wintermar Offshore Marine

Market Cap: Rp1.8t

Provides supporting services for the offshore transportation for the oil and gas industry in Indonesia, Malaysia, Brunei, Myanmar, Thailand, India, Vietnam, the Philippines, the Middle East, and Taiwan.

Travelzoo

Market Cap: US$110.6m

Operates as an Internet media company that provides travel, entertainment, and local experiences worldwide.

Starts Publishing

Market Cap: JP¥16.0b

Engages in the book content and media solutions business in Japan.

Sinar Eka Selaras

Market Cap: Rp1.8t

Engages in the trading and retail of electronic equipment and clothing of various brands in Indonesia.

TEMC

Market Cap: ₩150.1b

Temc Co., Ltd., a specialized material company, manufactures and sells special gases and medical gases for use in semiconductor and display processes.

Advanced Flower Capital

Market Cap: US$108.0m

Advanced Flower Capital Inc. originates, structures, underwrites, invests in, and manages senior secured loans and other types of mortgage loans and debt securities for established companies operating in the cannabis industry.

Dusit Thani Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿3.5b

A real estate investment trust.

Hyundai Livart Furniture

Market Cap: ₩149.2b

Manufactures and sells furniture and wooden products in South Korea and internationally.

Riverview Bancorp

Market Cap: US$107.5m

Operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals.

Aurskog Sparebank

Market Cap: NOK 1.1b

Provides various banking products and services for individuals and corporate customers in Norway.

Pegasus

Market Cap: JP¥15.7b

Manufactures and sells industrial sewing machines worldwide.

Danang Rubber

Market Cap: ₫2.8t

Engages in the production and sale of tires in Vietnam and internationally.

Thong Guan Industries Berhad

Market Cap: RM 449.8m

An investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally.

Geniee

Market Cap: JP¥15.6b

Engages in the internet advertising business in Japan and internationally.