Global Potentially Undervalued Small Caps

Cabka

Market Cap: €50.4m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

KMD Brands

Market Cap: NZ$88.3m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

ISOTeam

Market Cap: S$66.9m

Operates in the building maintenance and estate upgrading industry in Singapore.

Sleep Cycle

Market Cap: SEK 365.0m

Engages in the development of sleep analysis applications in Sweden and internationally.

OptimumBank Holdings

Market Cap: US$65.5m

Operates as the bank holding company for OptimumBank, which provides various consumer and commercial banking services to individuals and businesses.

Camplify Holdings

Market Cap: AU$21.0m

Operates peer-to-peer digital marketplace platforms to connect recreational vehicle (RV) owners to hirers in Australia, New Zealand, Spain, United Kingdom, Germany, Austria and the Netherlands.

Peoplein

Market Cap: AU$63.6m

Provides staffing, business, and operational services in Australia, New Zealand, and Singapore.

WidePoint

Market Cap: US$45.1m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

Trajan Group Holdings

Market Cap: AU$63.3m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

MGB Berhad

Market Cap: RM 257.4m

An investment holding company, engages in construction and property development activities in Malaysia.

Dovre Group

Market Cap: €7.9m

Provides project management services worldwide.

Allcore

Market Cap: €17.1m

Through its subsidiaries, provides tax and business consulting services for small and medium-sized businesses in Italy.

Maisons du Monde

Market Cap: €25.3m

Through its subsidiaries, provides home and living room related products in France and internationally.

TruGolf Holdings

Market Cap: US$3.9m

Through its subsidiary, engages in the design, development, manufacture, and sale of golf simulators for residential and commercial applications in the United States.

ProService Building Services Marketplace

Market Cap: UK£35.8m

Provides tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland.

Aallon Group Oyj

Market Cap: €34.9m

Provides accounting services in Finland.

SBF

Market Cap: €44.6m

Through its subsidiary, SBF Spezialleuchten GmbH, engages in the supply of lighting systems for rail vehicles, municipalities, railways, and industry in Germany.

Transense Technologies

Market Cap: UK£8.9m

Engages in the provision of specialist sensor systems in the United Kingdom, North America, South America, Australia, Europe, and internationally.

IMS

Market Cap: zł77.0m

Primarily provides sensory marketing services in Poland.

Duell Oyj

Market Cap: €6.7m

Engages in the wholesale, import, and distribution of powersports aftermarket products in Finland, Central Europe, and the Nordic countries.

ecotel communication ag

Market Cap: €26.7m

Engages in the marketing of information and telecommunications solutions for startups, and small and medium-sized companies in Germany and internationally.

TradeDoubler

Market Cap: SEK 385.3m

Provides performance marketing and technology solutions for publishers and advertisers in Europe.

NTG Clarity Networks

Market Cap: CA$50.9m

Provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.

FLECT

Market Cap: JP¥6.1b

Engages in the provision of multi-cloud integration services for digital transformation in Japan.

Laird Superfood

Market Cap: US$32.7m

Manufactures and markets plant-based natural and functional food in the United States.

Smith Micro Software

Market Cap: US$18.7m

Develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa.

Monnalisa

Market Cap: €5.1m

Designs, produces, and distributes childrenswear in Italy and internationally.

LION E-Mobility

Market Cap: €15.5m

Through its subsidiaries, engages in the development, production, and distribution of battery modules and packs, and battery management systems in Switzerland.

SHINKO

Market Cap: JP¥4.1b

Provides maintenance services, IT solutions, and human resource services in Japan.

internet infinity

Market Cap: JP¥3.8b

Provides healthcare solutions in Japan.

Pintaras Jaya Berhad

Market Cap: RM 220.6m

An investment holding company, engages in undertaking of piling contracts, civil engineering, and building construction works in Malaysia and Singapore.

Silver Life

Market Cap: JP¥9.0b

A franchise management company, provides food delivery services in Japan.

Coventry Group

Market Cap: AU$55.6m

Distributes industrial products and services in Australia and New Zealand.

NeuPath Health

Market Cap: CA$33.2m

Provides chronic pain management services in Canada.

Icape Holding

Market Cap: €45.1m

Engages in the manufacture, distribution, and sale of printed circuit boards (PCBs) and customized technical parts worldwide.

Mr.Bricolage

Market Cap: €48.4m

Engages in retailing of renovation, home, and garden decoration products.