Global Tech Undervalued over 20% based on DCF

WPG Holdings

Market Cap: NT$178.8b

Operates as a semiconductor components distributor in Taiwan, Mainland China, and internationally.

Seiko Epson

Market Cap: JP¥892.4b

Develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses.

Ricoh Company

Market Cap: JP¥838.0b

Engages in the digital services, digital products, graphic communications, industrial solutions, and other businesses in Japan, the Americas, Europe, the Middle East, Africa, and internationally.

ISU Petasys

Market Cap: ₩6.7t

Manufactures and sells printed circuit boards (PCBs).

IPG Photonics

Market Cap: US$4.3b

Develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications.

ITEQ

Market Cap: NT$139.9b

Engages in the manufacture and sale of copper clad laminate materials used for fabrication of printed circuit boards in Taiwan, Asia, Europe, and internationally.

Legend Holdings

Market Cap: HK$33.6b

Legend Holdings Corporation, along with its subsidiaries, operates in the industrial operations and industrial incubations and investments sectors in the People’s Republic of China and internationally.

Belden

Market Cap: US$4.1b

Provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers.

Vontier

Market Cap: US$4.0b

Provides mobility ecosystem solutions worldwide.

Itron

Market Cap: US$3.7b

A technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide.

DAEDUCK ELECTRONICS

Market Cap: ₩5.6t

Provides various printed circuit boards (PCB) in South Korea and internationally.

OSI Systems

Market Cap: US$3.6b

Designs and manufactures electronic systems and components in the United States and internationally.

EZconn

Market Cap: NT$115.3b

Engages in the assembly, processing, and trading of precision metal parts for various electronic components, electronic products, and various optical fiber components.

Macnica Holdings

Market Cap: JP¥566.6b

Imports, sells, and exports electronic components in Japan.

Tsinghua Tongfang

Market Cap: CN¥22.9b

Engages in nuclear technology application, smart energy, and digital information businesses in China and internationally.

All Ring Tech

Market Cap: NT$101.6b

Engages in the design, manufacture, and assembly of automation machines in Taiwan and China.

Fositek

Market Cap: NT$100.1b

Engages in the design and manufacturing of various metal stamping products in Asia, the United States, and Europe.

NetScout Systems

Market Cap: US$3.1b

Provides carrier service assurance, cybersecurity, and Distributed Denial-of-Service (DDoS) solutions to protect digital business services against disruptions.

Tianma Microelectronics

Market Cap: CN¥19.6b

Designs, manufactures, and supplies display solutions and related support services worldwide.

Crane NXT

Market Cap: US$2.8b

Operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets.

Jenoptik

Market Cap: €2.3b

Provides advanced photonic solutions and smart mobility solutions in Germany and internationally.

Dongguan Aohai Technology

Market Cap: CN¥16.5b

Designs, research, develops, produces, and sells consumer electronics products in China and internationally.

SoftwareOne Holding

Market Cap: CHF 1.8b

Provides software and cloud solutions in Germany, Austria, Switzerland, Middle East and Africa, Northern Europe, Central and Eastern Europe, the United States of America, Canada, Latin America, and Asia Pacific.

Getac Holdings

Market Cap: NT$69.9b

Researches, develops, manufactures, and sells notebook computers and related products in China, the United States, Europe, and internationally.

VSTECS Holdings

Market Cap: HK$14.1b

An investment holding company, develops information technology IT product channel and provides technical solution integration services in North Asia and Southeast Asia.

Konica Minolta

Market Cap: JP¥284.3b

Engages in digital workplace, professional print, imaging solutions, and industry business in Japan, China, Asia, the United States, European countries, and internationally.

Guangdong Ellington Electronics TechnologyLtd

Market Cap: CN¥11.1b

Researches, develops, manufactures, and sells high-precision, high-density double-layer, and multi-layer printed circuit boards in China and internationally.

Harmonic

Market Cap: US$1.5b

Provides broadband access solutions worldwide.

Hexing ElectricalLtd

Market Cap: CN¥10.0b

Engages in smart power distribution, smart water management, and digital energy-related businesses in China and internationally.

Landis+Gyr Group

Market Cap: CHF 1.2b

Provides integrated energy management solutions to utility sector in the Americas and the Asia Pacific.

Vishay Precision Group

Market Cap: US$1.4b

Engages in the precision measurement and sensing technologies business in the United States, Europe, Israel, Asia, and Canada.

Arlo Technologies

Market Cap: US$1.4b

Provides cloud-based platform services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Adtran Networks

Market Cap: €1.2b

Develops, manufactures, and sells optical and Ethernet-based networking solutions for telecommunications carriers and enterprises.

Flaircomm Microelectronics

Market Cap: CN¥8.5b

Develops and sells wireless communication modules, embedded software, and turnkey system solutions for automotive and M2M applications in China.

Elsight

Market Cap: AU$1.8b

Engages in the development and commercialization of the connectivity solutions in Europe, Israel, the United States, and internationally.

Shelly Group

Market Cap: €1.0b

Engages in the acquisition, management, evaluation, and sale of interests in Bulgaria and internationally.