Global Materials Potentially Undervalued Small Caps

York Timber Holdings

Market Cap: R993.8m

An investment holding company, engages in the forestry, sawmilling, plywood, wholesale, and farming businesses in South Africa and internationally.

Gujarat Containers

Market Cap: ₹896.1m

Manufactures and sells barrels in India.

CZR Resources

Market Cap: AU$50.3m

Operates as a mineral exploration and development company in Australia.

TMP Steel

Market Cap: NT$1.7b

Together with its subsidiary, manufactures and sells iron and steel building materials in Taiwan.

Southern Gas

Market Cap: ₹562.5k

Produces and supplies medical, industrial, chemical, shielding, cutting, and laser gases in India.

PM Thoresen Asia Holdings

Market Cap: ฿971.5m

Manufactures fertilizer and crop care products and provides factory area management services in Vietnam, the Philippines, Madagascar, and internationally.

Vietnam Pesticide

Market Cap: ₫231.9b

Primarily produces, processes, and trades in plant protection drugs.

National Steel Industry

Market Cap: د.أ2.4m

Engages in the production of reinforcement steel bars in Jordan and internationally.

Dynea Pakistan

Market Cap: PK₨6.5b

Manufactures and sells formaldehyde, urea/melamine formaldehyde, and moulding compounds in Pakistan.

Indal Aluminium Industry

Market Cap: Rp84.3b

Engages in the manufacture and distribution of aluminum products in Indonesia.

Resonance Specialties

Market Cap: ₹1.5b

Engages in the manufacture and marketing of specialty chemicals in India and internationally.

OKA Corporation Bhd

Market Cap: RM 110.4m

An investment holding company, engages in the manufacturing and selling of pre-cast concrete products for the infrastructure, sewerage, construction, and highway industries in Malaysia.

Caprihans India

Market Cap: ₹1.2b

Engages in the pharmaceutical packaging business in India and internationally.

Alufluoride

Market Cap: ₹3.5b

Manufactures and sells aluminum fluoride and related products for aluminum smelters in India.

CYL Corporation Berhad

Market Cap: RM 29.5m

An investment holding company, manufactures and supplies plastic packaging products and moulds in Malaysia and internationally.

Public Packages Holdings Berhad

Market Cap: RM 172.0m

An investment holding company, engages in the production and sale of paper packaging products in Malaysia, the Asia Pacific, Europe, the United States, and internationally.

Crestchem

Market Cap: ₹392.1m

Manufactures, markets, and exports nutrition-chemical products in India and internationally.

Kamdhenu Ventures

Market Cap: ₹1.6b

Manufactures and supplies paint products in India.

Samrat Pharmachem

Market Cap: ₹784.8m

Engages in the manufacture and sale of pharmaceutical chemicals in India.

Saccheria F.lli Franceschetti

Market Cap: €11.6m

Produces and markets bags and packaging products in Italy.

Kodiak Copper

Market Cap: CA$78.3m

Explores and develops base metals properties in North America.

Bhagwati Autocast

Market Cap: ₹1.4b

Engages in the manufacture and sale of cast iron and spheroidal graphite iron castings in India.

Helium Evolution

Market Cap: CA$31.0m

Operates as a helium exploration and production company in southern Saskatchewan.

Sankei Chemical

Market Cap: JP¥1.5b

Manufactures and sells agricultural chemicals and pesticides in Japan.

Transition Metals

Market Cap: CA$5.7m

Engages in the acquisition and exploration of mineral properties in Canada and the United States.

Plaintree Systems

Market Cap: US$385.2k

Designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally.

Industrias Electro Químicas

Market Cap: S/12.6m

Engages in the production and sale of metallurgical zinc derivatives in South America.

Shinto Paint Company

Market Cap: JP¥4.4b

Manufactures, processes, and sells synthetic resin paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan.

Eidai KakoLtd

Market Cap: JP¥2.6b

Manufactures, imports, and sells resin sheets in Japan.

HansolHomeDeco.Co

Market Cap: ₩29.2b

Manufactures and distributes furniture components, interior materials, and other products in South Korea.

Changhae Ethanol

Market Cap: ₩70.4b

Produces and sells spirits from sugar cane, tapioca, rice, and barley crops in South Korea.

Youngwire

Market Cap: ₩25.4b

Manufactures and sells wire rope products.

Jiyuan Packaging Holdings

Market Cap: NT$732.8m

Produces and sells tin cans and aluminum cans in Mainland China.

Crown Asia Chemicals

Market Cap: ₱1.1b

Manufactures, imports, buys, sells, wholesales, and retails plastic and synthetic resins and compounds, and other allied related products in the Philippinesand internationally.

Yeou Yih Steel

Market Cap: NT$888.7m

Produces and sells of stainless steel products in Taiwan, South Korea, Thailand, Europe, Vietnam, Malaysia, Japan, Singapore, and internationally.

Barrel Energy

Market Cap: US$110.9k

Operates in the environmental services, renewable energy, and waste-to-value sectors.