U.K. Tech Undervalued over 20% based on DCF

Xaar

Market Cap: UK£90.9m

Designs, develops, manufactures, markets, and sells industrial printheads and print systems in Europe, the Middle East, Africa, Asia, and the Americas.

Spectra Systems

Market Cap: UK£75.1m

Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally.

Synectics

Market Cap: UK£31.9m

Provides specialist video based electronic surveillance systems and technology for use in security applications, environments, and transport applications in the United Kingdom, rest of Europe, North America, the Middle East, Africa, and the Asia Pacific.

Northamber

Market Cap: UK£7.5m

Engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom.

Touchstar

Market Cap: UK£4.8m

Designs, builds, and sells rugged mobile computing devices under the Touchstar brand in the United Kingdom, rest of Europe, and internationally.

Image Scan Holdings

Market Cap: UK£2.1m

Through its subsidiary 3DX-Ray Limited, engages in the manufacture and sale of portable X-ray systems in the United Kingdom, Europe, the Middle East, Africa, Asia, Indian Subcontinent, and the Americas.