Global Software Potentially Undervalued Small Caps

B2B Software Technologies

Market Cap: ₹431.9m

Operates as a business solution implementation company in India.

Castellum

Market Cap: US$62.1m

Operates as a technology company in the United States and internationally.

DBA Group

Market Cap: €46.5m

Provides consultancy, architecture, engineering, and project management services.

TenderHut

Market Cap: zł12.9m

Through its subsidiaries, provides IT solutions in Poland.

River Tech

Market Cap: NOK 28.8m

A technology company, provides software solutions.

MicroCloud Hologram

Market Cap: US$33.7m

Provides holographic technology services in the People’s Republic of China and internationally.

Ailleron

Market Cap: zł186.6m

Provides technological services and IT solutions worldwide.

GMTech

Market Cap: US$600.0k

Through its subsidiary, provides information technology consulting services in North America.

Evd Berhad

Market Cap: RM 15.7m

An investment holding company, provides information and communications technology (ICT) system solutions for transportation infrastructure in Malaysia and the Philippines.

Growth X PartnersInc

Market Cap: JP¥4.2b

Engages in the enterprise DX business for enterprises.

Systems Design

Market Cap: JP¥4.8b

Operates as an information service company.

Progress Technologies Group

Market Cap: JP¥7.4b

Provides consulting, engineering, and digital integration services for manufacturing companies in Japan.

Techno Mathematical

Market Cap: JP¥767.5m

Develops software and hardware IPs in Japan.

SMN

Market Cap: JP¥5.8b

Engages in digital marketing activities business in Japan.

Hammock

Market Cap: JP¥6.1b

Develops and sales corporate software.

D. I. System

Market Cap: JP¥2.8b

Engages in the system integration, and educational services and security solutions businesses in Japan.

IPS Holdings

Market Cap: JP¥2.5b

Provides SAP ERP system implementation and maintenance services in Japan, Germany, and Asia-Pacific.

HOUSEI

Market Cap: JP¥2.5b

Engages in the information systems business in Japan and internationally.

Infotrust

Market Cap: AU$67.7m

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

Synapsoft

Market Cap: ₩38.9b

A software as a service company, develops, distributes, and sells digital document and document processing software in South Korea and internationally.

KineMaster

Market Cap: ₩20.3b

Engages in the development of multimedia software for mobile devices in South Korea.

COSOL

Market Cap: AU$33.7m

Provides asset management as a service in the Asia Pacific, North America, Europe, the Middle East, Africa, and internationally.

Total Soft Bank

Market Cap: ₩51.9b

Operates as maritime logistics solutions company in South Korea.

TOBESOFT

Market Cap: ₩6.3b

A software company, develops and sells UI and UX technology solutions in South Korea.

Curira

Market Cap: SEK 60.3m

Curira AB provides digitalization services.

Yudiz Solutions

Market Cap: ₹251.3m

Provides information technology solutions and consulting services in India and internationally.

Felix Group Holdings

Market Cap: AU$14.9m

Develops and sells cloud-based SaaS solutions for contractors and vendors in Australia and New Zealand.

MMAG Holdings Berhad

Market Cap: RM 69.6m

An investment holding company, provides information technology products in Malaysia, Singapore, Hong Kong, Vietnam, India, Myanmar, and internationally.

Divfex Berhad

Market Cap: RM 59.7m

An investment holding company, provides information and communication technology products and services for telecommunication companies and enterprises in Malaysia.

Witbe

Market Cap: €12.7m

Provides digital services in France, Europe, the Middle East, Africa, Asia, the United States, and internationally.

Neurosoft Software Production

Market Cap: €17.1m

An ICT company, provides managed and integrated services in Greece and internationally.

GTT Data Solutions

Market Cap: ₹1.7b

Engages in the provision of services to manufacturing, industrial products, and medical devices technology to develop and build products, processes, and infrastructure in India and internationally.

Sebata Holdings

Market Cap: R103.4m

Provides software solutions in South Africa.

EA Holdings Berhad

Market Cap: RM 32.3m

An investment holding company, provides business intelligence software and development, IT service management consultancy, and system integration services in Malaysia.

Just Planning

Market Cap: JP¥5.2b

Provides solutions for the food and beverage industry in Japan.

Delivery Consulting

Market Cap: JP¥2.0b

Provides technology solutions consulting services in Japan and internationally.