Global Undervalued over 20% based on DCF

Balkancar ZARYA

Market Cap: €10.1m

Engages in the manufacture and sale of steel rims and disc wheels in Bulgaria and internationally.

CS

Market Cap: ₩18.1b

Manufactures and sells IT equipment for telecommunication companies worldwide.

Ancora Indonesia Resources

Market Cap: Rp213.6b

Operates in the explosives industry in Indonesia.

Jeonjinbio

Market Cap: ₩17.9b

Develops and produces natural bio-pesticides, alternative chemical products, and other biotechnology products.

Escorp Asset Management

Market Cap: ₹1.1b

Provides portfolio management services in India.

Cressanda Railway Solutions

Market Cap: ₹1.1b

Provides railway auxiliary services in India.

Hanoi Education Development and Investment JSC

Market Cap: ₫303.0b

Hanoi Education Development and Investment JSC, together with its subsidiaries, compiles, edits, prints, publishes, and distributes books in Vietnam.

Johnan Academic Preparatory Institute

Market Cap: JP¥1.8b

Johnan Academic Preparatory Institute, Inc.

MSB Global Group Berhad

Market Cap: RM 45.8m

An investment holding company, engages in marketing, trading, and distribution of aftermarket automotive parts and components, and automotive lubricants and fluids in Malaysia and Singapore.

Muscat Gases Company SAOG

Market Cap: ر.ع4.4m

Manufactures, markets, and sells cooking gases in the Sultanate of Oman, Kingdom of Saudi Arabia, Brazil, Russia, China, and the United Arab Emirates.

An Pha Petroleum Group

Market Cap: ₫298.7b

An Pha Petroleum Group Joint Stock Company purchases and sells liquefied petroleum gas, petroleum supplies, and equipment in Vietnam.

Leader Electronics

Market Cap: JP¥1.8b

Engages in the research and development, manufacturing, and sale of electronic measuring instruments in Japan.

Confidence Futuristic Energetech

Market Cap: ₹1.1b

Engages in the manufacture and supply of LPG cylinders under the Go Gas Elite brand name for domestic and commercial users in India.

Par Drugs and Chemicals

Market Cap: ₹1.1b

Develops, manufactures, and sells active pharmaceutical ingredients (APIs) and fine chemicals in India.

MIT Holdings

Market Cap: JP¥1.8b

Engages in the information service business.

Arabia Investments Holding

Market Cap: ج.م576.5m

Engages in the non-banking financial in Egypt.

Maskeliya Plantations

Market Cap: LK₨3.7b

Engages in the cultivation, manufacture, and sale of black tea in Sri Lanka.

Kumulus Vape

Market Cap: €9.4m

An e-merchant, sells and distributes vaping products and related products in France.

CAREER BANK

Market Cap: JP¥1.7b

Primarily engages in the dispatching of general workers business.

Asian Marine Services

Market Cap: ฿351.3m

Provides shipbuilding and ship repair services in Thailand.

Moxsh Overseas Educon

Market Cap: ₹1.0b

Provides counselling and guidance services to students pursuing the higher education in India and internationally.

Premium Textile Mills

Market Cap: PK₨3.0b

Engages in the manufacture and sale of socks, cotton, and polyester yarn in Pakistan.

Euroland Société anonyme

Market Cap: €9.1m

Offers fundraising services for listed companies in France.

Marketing Alliance

Market Cap: US$10.6m

Distributes life insurance, annuities, long-term care, and financial products in the United States.

Samcro Hyosung Adilestari

Market Cap: Rp190.8b

Manufactures and sells hook and loop fastener tapes in Indonesia and internationally.

SCAT

Market Cap: JP¥1.7b

Provides various IT solutions for beauty salons.

Ubis (Asia)

Market Cap: ฿336.3m

Manufactures and distributes sealing compounds, lacquers, and coatings used in can production and bottle closures for the food, beverage, and general industries in Thailand, China, and internationally.

Aspen Group

Market Cap: US$10.2m

An education technology company, provides online higher education services in the United States.

CG-VAK Software and Exports

Market Cap: ₹978.5m

Through its subsidiaries, provides software services worldwide.

California Nanotechnologies

Market Cap: CA$14.1m

Engages in the research, development, and production of nanocrystalline materials through grain size reduction.

Meta Epsi

Market Cap: Rp168.9b

Provides engineering, procurement, and construction services in Indonesia.

Singapore Paincare Holdings

Market Cap: S$13.0m

An investment holding company, operates medical clinics in Singapore.

Asia Grocery Distribution

Market Cap: HK$79.0m

An investment holding company, trades in and distributes food and beverage grocery products under Hung Fat Ho brand name in Hong Kong.

Nam Hoa Trading and Production

Market Cap: ₫264.0b

Engages in the production and trading of school supplies and wooden toys in Vietnam.

Vinalink Logistics

Market Cap: ₫263.7b

Provides freight forwarding and logistics services in Vietnam and internationally.

Kucingko Berhad

Market Cap: RM 40.0m

Provides animation production services in Malaysia.