U.S. Undervalued based on future growth

CNB Financial

Market Cap: US$653.4m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

SIGA Technologies

Market Cap: US$641.6m

A commercial-stage pharmaceutical company, focuses on the health security market in the United States.

Heritage Insurance Holdings

Market Cap: US$636.7m

Through its subsidiaries, provides personal and commercial residential insurance products.

Five Star Bancorp

Market Cap: US$636.6m

Operates as the bank holding company for Five Star Bank that provides banking products and services to small and medium-sized businesses, professionals, and individuals primarily in Northern California.

Camden National

Market Cap: US$631.5m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Mid Penn Bancorp

Market Cap: US$630.4m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

American Axle & Manufacturing Holdings

Market Cap: US$626.5m

Designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles.

Orrstown Financial Services

Market Cap: US$625.1m

Operates as the financial holding company for Orrstown Bank that provides commercial banking and financial advisory services to retail, commercial, non-profit, and government clients in the United States.

Priority Technology Holdings

Market Cap: US$611.4m

Operates as a payment technology company in the United States.

Tsakos Energy Navigation

Market Cap: US$610.7m

Provides seaborne crude oil and petroleum product transportation services worldwide.

NB Bancorp

Market Cap: US$608.8m

Focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in the United States.

Nordic American Tankers

Market Cap: US$607.7m

A tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally.

New York Mortgage Trust

Market Cap: US$599.7m

Acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States.

Myers Industries

Market Cap: US$592.6m

Engages in distribution of tire service supplies in Ohio.

Strawberry Fields REIT

Market Cap: US$589.4m

A self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare- related properties.

Heritage Commerce

Market Cap: US$572.8m

Operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California.

Sun Country Airlines Holdings

Market Cap: US$571.6m

An air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally.

Hackett Group

Market Cap: US$568.9m

Operates as an intellectual property platform-based generative artificial intelligence strategic consulting and executive advisory digital transformation in the United States, Europe, and internationally.

Koppers Holdings

Market Cap: US$568.6m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.

SmartFinancial

Market Cap: US$565.5m

Operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, and Florida.

Bloomin' Brands

Market Cap: US$564.0m

Through its subsidiaries, owns and operates casual, polished casual, and fine dining restaurants in the United States and internationally.

GBank Financial Holdings

Market Cap: US$543.8m

Operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada.

A-Mark Precious Metals

Market Cap: US$543.0m

Operates as a precious metals trading company.

American Public Education

Market Cap: US$538.9m

Provides online and campus-based postsecondary education and career learning in the United States.

USANA Health Sciences

Market Cap: US$527.1m

Develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe.

Alerus Financial

Market Cap: US$526.7m

Operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States.

Capital Bancorp

Market Cap: US$522.3m

Operates as the bank holding company for Capital Bank, N.A.

Farmers National Banc

Market Cap: US$510.5m

Operates as a bank holding company for The Farmers National Bank of Canfield that engages in the banking, trust, retirement consulting, insurance, and financial management businesses.

Northpointe Bancshares

Market Cap: US$510.3m

Operates as the bank holding company for Northpointe Bank provides various banking products and services in the United States.

Invesco Mortgage Capital

Market Cap: US$504.6m

Operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States.

Betterware de MéxicoP.I. de

Market Cap: US$498.0m

Operates as a direct-to-consumer selling company in the United Staes and Mexico.

Bar Harbor Bankshares

Market Cap: US$497.7m

Operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses.

California BanCorp

Market Cap: US$494.1m

Operates as the bank holding company for California Bank of Commerce, N.A.

Calavo Growers

Market Cap: US$491.1m

Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors, and wholesale customers worldwide.

Peoples Financial Services

Market Cap: US$479.5m

Provides commercial and retail banking services.

Auna

Market Cap: US$460.1m

A healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia.