Global Undervalued over 20% based on DCF

VEEM

Market Cap: AU$66.0m

Engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia.

Infotrust

Market Cap: AU$65.8m

Engages in the provision of cyber security, and technology services and solutions in Australia.

Agria Group Holding AD

Market Cap: €40.2m

Agria Group Holding AD, together with its subsidiaries, cultivates agricultural land, and produces and trades in grain and oil-bearing crops in the Republic of Bulgaria.

Interpace Biosciences

Market Cap: US$46.3m

Provides molecular diagnostic tests and pathology services for evaluating cancer risk in the United States.

Ifirma

Market Cap: zł169.3m

IFirma SA provides accounting services. The company offers services and tools for tax settlements and supporting business activities.

Centara Hotels and Resorts Leasehold Property Fund

Market Cap: ฿1.5b

A fund of Kasikorn Asset Management Co.,Ltd.

Woodlands Financial Services

Market Cap: US$45.8m

Operates as the financial services holding company for Woodlands Bank and Woodlands Stock Corporation that provides commercial and consumer banking, and trust services in Lycoming and Clinton counties in Pennsylvania.

Aries Agro

Market Cap: ₹4.3b

Engages in the manufacture and supply of micronutrients and other nutritional products for plants and animals.

Iris Group Berhad

Market Cap: RM 183.5m

Provides technology consulting solutions in Malaysia, Asia, Oceania, Africa, and North America.

Northview Residential REIT

Market Cap: CA$63.5m

A real estate investment trust amended and restated most recently on August 21, 2023.

jig.jp

Market Cap: JP¥7.2b

Engages in the planning, development, and provision of mobile software in Japan.

Mental Health TechnologiesLtd

Market Cap: JP¥7.2b

Provides mental health solution services in Japan.

KESM Industries Berhad

Market Cap: RM 180.7m

An investment holding company, provides burn-in and test services to semiconductor manufacturers in Malaysia, the People’s Republic of China, Singapore, the United States, and Europe.

Metriks AI. Società Benefit

Market Cap: €38.9m

Develops Service as a Software platform that helps companies and organizations to make strategic decisions, optimize performance, and transform data into value.

SMT Scharf

Market Cap: €38.6m

Engages in the development, manufacture, and service of transportation equipment and logistics systems for underground mining and tunnel construction.

Samho Development

Market Cap: ₩69.3b

Engages in civil engineering construction business in South Korea.

Vilniaus Baldai

Market Cap: €38.5m

Engages in the design, manufacture, and sale of light storage flat-pack furniture in Lithuania.

Philippine Racing Club

Market Cap: ₱2.7b

Engages in the acquisition, development, and sale of land and condominium units in the Philippines.

Al Abraaj Restaurants Group B.S.C

Market Cap: ب.د16.7m

Operates restaurants in Kingdom of Bahrain.

Kanpai

Market Cap: NT$1.4b

Engages in catering related businesses in China and Taiwan.

Nortech Systems

Market Cap: US$44.2m

Provides engineering design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China.

Pembangunan Perumahan Properti

Market Cap: Rp801.8b

Engages in real estate business in Indonesia.

Great Wall Pan Asia Holdings

Market Cap: HK$344.9m

An investment holding company, engages in the property investment business in Hong Kong and internationally.

Haleos Labs

Market Cap: ₹4.2b

Engages in the manufacturing of active pharmaceutical ingredients (API) and intermediates in India.

AxisLtd

Market Cap: JP¥7.0b

Engages in the research and development, sale, consultation, and operation management of computer systems.

Arich Enterprise

Market Cap: NT$1.4b

Engages in the marketing, promotion, and distribution of pharmaceuticals in Taiwan.

Asti

Market Cap: JP¥7.0b

Engages in the manufacture and sale of electrical equipment for cars in Japan.

Chen Nan Iron WireLtd

Market Cap: NT$1.4b

Manufactures and exports various kinds of fasteners and steel wires in Taiwan.

UVS Hospitality and Services

Market Cap: ₹4.2b

Engages in the food and beverage processing industry and other allied services in India.

Sigma Solve

Market Cap: ₹4.1b

Together with its subsidiary, Sigma Solve INC, engages in the enterprise software development business worldwide.

Pelayaran Nasional Bina Buana Raya

Market Cap: Rp788.6b

A shipping company, provides marine, logistics, and offshore support services in Indonesia.

Cosmo Bio CompanyLimited

Market Cap: JP¥6.9b

Operates as a life science trading company worldwide.

BBIA

Market Cap: ₩67.5b

Manufactures and sells cosmetics in South Korea.

First America Resources

Market Cap: US$43.1m

Provides electronic waste management and information technology asset disposition (ITAD).

Shirai Electronics Industrial

Market Cap: JP¥6.9b

Manufactures printed circuit visual inspection machine boards in Japan and internationally.

Pattern

Market Cap: €37.3m

Engages in engineering, prototyping, and production of luxury goods in Italy, rest of the European Union, and internationally.