Global Undervalued over 20% based on DCF

Sahamit Machinery

Market Cap: ฿1.8b

Imports and distributes materials, machinery, and appliances for industries in Thailand.

NittoBest

Market Cap: JP¥8.9b

Engages in the manufacture and sale frozen, daily, canned, bagged, chilled, and retort food products in Japan.

Yenher Holdings Berhad

Market Cap: RM 223.5m

An investment holding company, manufactures, supplies, and markets animal health and nutrition products for livestock and companion animals in Malaysia and internationally.

Mérito Desenvolvimento Imobiliário I FII - Fundo de Investimento Imobiliário

Market Cap: R$286.9m

Merito Desenvolvimento Imobiliario FII Fund specializes in real estate investments.

FFW

Market Cap: US$55.4m

Operates as the bank holding company for Crossroads Bank that provides various banking products and services.

Time Finance

Market Cap: UK£41.5m

Provides financial products and services to consumers and businesses in the United Kingdom.

Mangalam Global Enterprise

Market Cap: ₹5.2b

Manufactures, trades, and imports of edible and non-edible oils, and agricultural products India and internationally.

Doxee

Market Cap: €47.7m

A high-tech company, provides services for customer communications management (CCM), paperless, and digital customer experience markets.

Hironic

Market Cap: ₩85.7b

Engages in the manufacture and sale of medical and surgical equipment, and other orthopedic appliances in South Korea and internationally.

Medical Imaging

Market Cap: NT$1.7b

Offers imaging hospital equipment leasing and maintenance services in China.

Farmers and Merchants Bancshares

Market Cap: US$54.9m

Operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Maryland.

Oconee Financial

Market Cap: US$54.6m

Operates as the bank holding company for Oconee State Bank that provides a range of commercial and consumer banking products and services to consumers, businesses, and communities.

Centrepoint Alliance

Market Cap: AU$77.4m

Provides financial advice and licensee support services in Australia.

NIFTY Lifestyle

Market Cap: JP¥8.7b

Provides action support platforms and solutions in Japan.

Zenken

Market Cap: JP¥8.7b

Provides IT, language education, and real estate services in Japan.

Aplisens

Market Cap: zł198.8m

Supplies industrial control and measurement equipment in Poland, European Union, CIS countries, the United States, Asia, and internationally.

Alexanderwerk

Market Cap: €46.8m

Engages in the development, production, and sale of dry compaction and granulation machines for the chemical, food, life science, nuclear, and pharmaceutical industries worldwide.

Toung Loong Textile Mfg.Co.Ltd

Market Cap: NT$1.7b

Engages in the production and sale of various functional yarns in Taiwan and internationally.

PEH Wertpapier

Market Cap: €46.7m

Offers asset management services to private customers.

INZI ControlsLtd

Market Cap: ₩84.0b

Provides automobile parts in South Korea and internationally.

Speciality Restaurants

Market Cap: ₹5.1b

Owns and operates restaurant outlets and sweet shops in India and internationally.

Regal Holding

Market Cap: NT$1.7b

Designs, manufactures, and sells jewelry in Thailand, the United States, France, the United Kingdom, Canada, Australia, and internationally.

Thai Agro Energy

Market Cap: ฿1.8b

Produces and distributes ethanol for fuel and soil conditioner in Thailand.

Citizens Holding

Market Cap: US$53.7m

Operates as the bank holding company for The Citizens Bank of Philadelphia that provides various banking products and services.

Daytona

Market Cap: JP¥8.6b

Engages in market research, planning, development, testing, procurement, and logistics management of motorcycle parts and accessories.

JLSLtd

Market Cap: ₩83.4b

Provides English education programs through off-line educational institutes in South Korea and internationally.

Synchro Food

Market Cap: JP¥8.6b

Operates various platforms for the food and beverage industry.

Pakgen Power

Market Cap: PK₨14.8b

Owns, operates, and maintains an oil-fired power station.

System D

Market Cap: JP¥8.5b

Develops and sells industry specific package software products in Japan.

PROGRIT

Market Cap: JP¥8.5b

Provides English coaching and subscription-based English learning services in Japan.

MARTAS Precision SlideLtd

Market Cap: NT$1.7b

Manufactures ball bearing slides for various applications in Asia.

REF Holdings

Market Cap: HK$414.7m

An investment holding company, provides financial printing services in Hong Kong.

TPL Plastech

Market Cap: ₹5.0b

Engages in the manufacture and sale of polymer products in India.

Millionaire Property Fund

Market Cap: ฿1.7b

A closed-ended real estate investment trust launched and managed by One Asset Management Limited.

New Amsterdam Invest

Market Cap: €45.9m

Through its subsidiary, Somerset Park B.V., operates as a commercial real estate company in the Netherlands, Germany, the United Kingdom, and the United States of America.

Cellularline

Market Cap: €45.7m

Manufactures and sells accessories for smartphones and tablets in Italy, Spain, Portugal, Germany, Eastern Europe, Switzerland, Benelux, Northern Europe, France, Great Britain, the Middle East, North America, and internationally.