Global Software Undervalued over 20% based on DCF

ATOSS Software

Market Cap: €1.2b

Offers technology and consulting solutions for professional workforce management and demand optimized personnel deployment in Germany, Austria, Switzerland, Netherlands, Romania, and internationally.

NSD

Market Cap: JP¥201.8b

Provides various IT solutions in Japan.

Bytes Technology Group

Market Cap: UK£921.0m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Kainos Group

Market Cap: UK£862.2m

Engages in the provision of digital technology services in the United Kingdom, Ireland, the Americas, Central Europe, and internationally.

Wavestone

Market Cap: €940.4m

Provides consulting services in France and internationally.

Future

Market Cap: JP¥156.2b

Provides IT consulting and services primarily in Japan.

Cyient

Market Cap: ₹91.7b

Provides geospatial, engineering design, manufacturing, networks and operations, data transformation, and analytic services in North America, Europe, Middle East, and the Asia Pacific.

Phoenix Group

Market Cap: د.إ3.5b

Provides crypto and cloud mining services in the United Arab Emirates, Oman, CIS countries, Canada, the United States, and internationally.

Systena

Market Cap: JP¥151.6b

Engages in the solution and framework design, IT service, business solution, and cloud businesses in Japan.

Vitec Software Group

Market Cap: SEK 9.0b

Develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.

N-able

Market Cap: US$825.1m

Provides unified endpoint management, security operations, and data protection solutions worldwide.

Iress

Market Cap: AU$1.2b

Engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, South Africa, and North America.

PagerDuty

Market Cap: US$792.8m

Engages in the operation of a digital operations management platform in the United States and internationally.

Cancom

Market Cap: €676.8m

Provides information technology services in Germany and internationally.

Plus Alpha ConsultingLtd

Market Cap: JP¥125.6b

Provides marketing and HR solutions in japan.

SiteMinder

Market Cap: AU$1.1b

Provides software and online licensing solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas.

Lectra

Market Cap: €663.1m

Provides industrial intelligence solutions for fashion, automotive, furniture markets, and other industries in Europe, the Americas, the Asia Pacific, and internationally.

PAR Technology

Market Cap: US$754.8m

Provides omnichannel cloud-based software and hardware solutions for the restaurant and retail industries worldwide.

Rapid7

Market Cap: US$748.5m

Provides cybersecurity software and services under the Rapid7, Nexpose, and Metasploit brand names.

Cybozu

Market Cap: JP¥121.3b

Engages in the development, sale, and operation of groupware in Japan.

UCAP Cloud Information TechnologyLtd

Market Cap: CN¥4.8b

Engages in the production and sale of software products in China.

CSE Global

Market Cap: S$875.1m

An investment holding company, engages in the provision of integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Cognyte Software

Market Cap: US$670.7m

A software-driven technology company, focuses on investigative analytics solutions worldwide.

SNP Schneider-Neureither & Partner

Market Cap: €586.1m

Provides software and consulting services for SAP transformations and data management.

Altron

Market Cap: R10.8b

Engages in technology business in South Africa and rest of Africa.

GB Group

Market Cap: UK£484.6m

Provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally.

COSCO SHIPPING Technology

Market Cap: CN¥4.3b

Engages in digital shipping and supply chain business in China and internationally.

Addnode Group

Market Cap: SEK 5.8b

Offers software and services for the design, construction, product data information, project collaboration, and facility management in Sweden, Nordic countries, the United States, the United Kingdom, Germany, and internationally.

i3 Verticals

Market Cap: US$597.7m

Provides enterprise software and services solutions to public sector entities in the United States and Canada.

Hansen Technologies

Market Cap: AU$853.4m

Engages in the development, integration, and support of billing and customer information systems.

Digital Garage

Market Cap: JP¥95.8b

Operates as a context company in Japan.

Edarat Communication and Information Technology

Market Cap: ر.س2.1b

Edarat Communication and Information Technology Co.

Similarweb

Market Cap: US$557.1m

Provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally.

OneSpan

Market Cap: US$549.4m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

WingArc1st

Market Cap: JP¥88.9b

Develops and sells software and services in Japan.

Eastone Century TechnologyLtd

Market Cap: CN¥3.6b

Provides communication network technology services and system solutions to telecom operators and equipment manufacturers in China.