Global Materials Potentially Undervalued Small Caps

Cabka

Market Cap: €44.0m

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

Magis

Market Cap: €56.4m

Engages in the manufacture and sale of adhesive tapes and similar products for disposable nappies and adult incontinence products.

Goldplat

Market Cap: UK£25.2m

Operates as a mining services company in South Africa and Ghana.

James Cropper

Market Cap: UK£25.0m

Manufactures and sells paper products and advanced materials.

HRS

Market Cap: ₩81.7b

Engages in the manufacture and sale of functional silicone rubber and silicone rubber molded products in South Korea.

Yulchon

Market Cap: ₩35.8b

Manufactures and sells cold drawing precision steel tubes in South Korea and internationally.

Plastiques du Val de Loire

Market Cap: €47.2m

Designs and manufactures plastic parts in Europe and North America.

SciDev

Market Cap: AU$37.1m

Engages in the provision of environmental solutions focused on water intensive industries in Australia, the United States, Asia, and internationally.

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.

Strata Investment Holdings

Market Cap: AU$27.1m

Operates as a resource exploration and development company in the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, Australasia, and the Americas.

Akumplast JSC

Market Cap: €1.1m

Engages in the production and sale of plastic accumulator boxes in Bulgaria.

VVV Sports

Market Cap: UK£182.8k

VVV Sports Limited enagges in mineral resource exploration businesses in Singapore.

Thai O.P.P

Market Cap: ฿810.0m

Manufactures and distributes plastic films, stickers, laminate tubes, and packaging products in Thailand.

Dynasty Gold

Market Cap: CA$11.5m

An exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States and Canada.

Sephaku Holdings

Market Cap: R492.9m

Operates as a construction materials company in South Africa.

Stone One

Market Cap: ฿276.4m

Produces and distributes industrial stone products in Thailand.

Bright Packaging Industry Berhad

Market Cap: RM 32.9m

An investment holding company, manufactures and sells aluminum foil packaging materials in India, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Switzerland, Taiwan, Thailand, and Vietnam.

Sanko Diecasting (Thailand)

Market Cap: ฿266.0m

Manufactures and distributes aluminum parts and molds in Thailand.

DONGBANGRO

Market Cap: ₩73.4b

Engages in the production and sales of pesticides and fertilizers in South Korea.

North PetroVietnam Fertilizer & Chemicals

Market Cap: ₫129.6b

Engages in the retail and wholesale of fertilizers in Vietnam.

MS Group Holdings

Market Cap: HK$228.9m

An investment holding company, engages in the production and sale of plastic and stainless steel sports bottles, and baby feeding accessories in the United States, Italy, the People’s Republic of China, and internationally.

Bulmetal JSC

Market Cap: €30.1m

Manufactures and sells metal packaging for food and chemical, cosmetic and other industries in Bulgaria.

Daishin ChemicalLtd

Market Cap: JP¥8.5b

Manufactures and sells various paints and chemicals in Japan.

Varopakorn

Market Cap: ฿429.6m

Engages in the manufacture and distribution of semi-finished aluminum products in Thailand, Asia, Oceania, the United States, and Europe.

Nui Nho Stone

Market Cap: ₫1.1t

Engages in the exploitation and production of construction stone and clay products in Vietnam.

Samhwa Crown & Closure

Market Cap: ₩49.5b

Manufactures and sells bottle caps used in the packaging of beverages, alcohol, and food in South Korea and internationally.

Betonjaya Manunggal

Market Cap: Rp267.8b

Engages in the manufacturing of round bar in Indonesia.

Crown Paints Kenya

Market Cap: KSh8.3b

Manufactures and sells paints, adhesives, decorating sundries, PVA emulsions, and alkyd resins in Kenya, Uganda, Tanzania, and Rwanda.

Kritika Wires

Market Cap: ₹1.4b

Engages in the manufacture and supply of industrial steel and galvanized wires in India.

K I C Metaliks

Market Cap: ₹922.5m

Engages in the manufacture and sale of iron and steel, and allied products in India.

Prolife Industries

Market Cap: ₹241.6m

Manufactures and sells naphthalene-based intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others in India.

Suparma

Market Cap: Rp869.3b

Manufactures and sells paper and related paper products in Indonesia.

Nass Petrol Factory

Market Cap: ر.س92.9m

Produces and sells petroleum derivatives.

Tirupati Foam

Market Cap: ₹334.3m

Manufactures and sells polyurethane foam and articles in India.

KBG

Market Cap: ₩36.0b

Produces and supplies a range of fine chemicals in South Korea and internationally.

Ruchira Papers

Market Cap: ₹3.1b

Manufactures and markets kraft paper, and writing and printing paper products in India and internationally.