Global Undervalued based on future growth

DATRON

Market Cap: €30.7m

Designs, develops, manufactures, and sells various machining systems worldwide.

Decibel Cannabis

Market Cap: CA$49.0m

An integrated cannabis company, engages in the cannabis cultivation in Canada.

nForce Secure

Market Cap: ฿1.2b

Engages in the sale of computer hardware and software, all related equipment, and network communication equipment and software in Thailand.

ContextVision

Market Cap: NOK 354.3m

A software company, provides image analysis and imaging for medical systems in South Korea, China, Japan, the United States, and internationally.

Tinde Sparebank

Market Cap: NOK 351.5m

Operates as a savings bank that provides various financial products and services to retail and corporate customers primarily in Romsdal and southern parts of Nordmøre.

Borgosesia

Market Cap: €28.4m

Primarily invests in non-performing and alternative assets.

Eniro Group

Market Cap: SEK 311.5m

Operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland.

cottaLTD

Market Cap: JP¥4.7b

Engages in manufacture and sale of confectionary food materials and food packaging materials in Japan and internationally.

Planetel

Market Cap: €26.5m

Offers IP communication and broadband Internet solutions in Italy.

DigiTouch

Market Cap: €26.3m

Provides digital marketing and transformation services in Italy.

Pyxis Tankers

Market Cap: US$30.3m

Operates as a maritime transportation company with a focus on the tanker and dry-bulk sectors in the United States and internationally.

Herbs Generation Group Holdings

Market Cap: HK$237.3m

Engages in the development, marketing, and sale of health supplements, cosmetics, and skincare products in Hong Kong.

Ogunsen

Market Cap: SEK 285.1m

Offers recruitment and consultancy services for specialists and managers in economics and finance sectors in Sweden.

Mission Group

Market Cap: UK£22.2m

Operates as a collective of creative and martech agencies company in the United Kingdom, the United States, Asia, and rest of Europe.

Delignit

Market Cap: €25.2m

Engages in the development, production, and sale of ecological materials and system solutions in Germany.

Angler Gaming

Market Cap: SEK 269.9m

Invests in companies that offer gaming services through the internet in Malta.

HighCom

Market Cap: AU$42.6m

Provides specialist products and tailored solutions to military, law enforcement, government agencies, space, and commercial sectors.

Calgro M3 Holdings

Market Cap: R485.1m

Develops and manages integrated residential properties in South Africa.

Brookside Energy

Market Cap: AU$41.3m

Engages in the exploration, production, and appraisal of oil and gas projects in the United States.

Ikegami Tsushinki

Market Cap: JP¥3.9b

Engages in the provision of broadcast equipment in Japan and internationally.

Allcore

Market Cap: €22.3m

Provides tax and business consulting services for small and medium-sized businesses in Italy.

Arcure

Market Cap: €22.1m

Develops artificial intelligence (AI) solutions for enhancing the autonomy of industrial machinery worldwide.

Tonking New Energy Group Holdings

Market Cap: HK$197.5m

An investment holding company, engages in the renewable energy business in the People’s Republic of China.

Nova Wellness Group Berhad

Market Cap: RM 103.6m

Develops, produces, and sells nutraceutical and skincare products in Malaysia and internationally.

TechStore Berhad

Market Cap: RM 102.5m

An investment holding company, primarily provides information technology (IT) security and automation solutions in Malaysia and Singapore.

InnorulesLtd

Market Cap: ₩33.4b

Provides digital innovation solutions to corporations worldwide.

Duell Oyj

Market Cap: €20.5m

Engages in the wholesale, import, and distribution of powersports aftermarket products in Finland, Central Europe, and the Nordic countries.

Logic Instrument

Market Cap: €20.1m

Manufactures, distributes, and sells mobile computers for professional applications.

Civil Engineering

Market Cap: ฿735.0m

Provides construction services in Thailand.

Zambeef Products

Market Cap: K526.0m

Engages in the agri-businesses in Zambia, Nigeria, and Ghana.

Rexit Berhad

Market Cap: RM 94.4m

An investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries.

Protasco Berhad

Market Cap: RM 93.9m

An investment holding company, provides infrastructure solutions in Malaysia.

Hartanah Kenyalang Berhad

Market Cap: RM 93.0m

An investment holding company, provides construction services in Malaysia.

Nextedia

Market Cap: €18.8m

Provides cybersecurity, cloud and digital workspace, and customer experience solutions in France.

Stampede Drilling

Market Cap: CA$30.0m

Provides oilfield services to the oil and natural gas industry in North America.

IDNTT

Market Cap: €18.5m

Engages in the production of digital omnichannel contents for its clients in Italy, rest of Europe, and Switzerland.