Global Tech Potentially Undervalued Small Caps

Icape Holding

Market Cap: €33.7m

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

EKINOPS

Market Cap: €52.4m

Engages in the provision of network connectivity solutions worldwide.

Archos

Market Cap: €10.9m

Manufactures and sells consumer electronics in France.

AVA Risk Group

Market Cap: AU$16.0m

Provides risk management technologies in Australia, Europe, Asia Pacific, India, Middle East, North Africa, the United States, and internationally.

Qualisys Holding

Market Cap: SEK 497.0m

Provides precision motion capture and 3D positioning tracking systems in Europe, the Middle East, Africa, the United States, and the Asia-Pacific.

Pricer

Market Cap: SEK 465.5m

Provides in-store digital solutions in Europe, the Middle East and Africa, the Americas, and Asia and Pacific.

Cellularline

Market Cap: €47.9m

Manufactures and sells accessories for smartphones and tablets in Italy, Spain, Portugal, Germany, Eastern Europe, Switzerland, Benelux, Northern Europe, France, Great Britain, the Middle East, North America, and internationally.

InTiCa Systems

Market Cap: €8.1m

Develops, produces, and markets inductive components and systems, passive analog circuit technology, and mechatronic assemblies in Germany and internationally.

Logic Instrument

Market Cap: €17.0m

Manufactures and sells mobile computers for the defense and corporate sectors in France, Germany, and internationally.

Pyramid

Market Cap: €8.7m

Engages in the development and manufacture of information technology solutions for the retail, financial, and industrial market.

Fractal Gaming Group

Market Cap: SEK 513.4m

Offers PC gaming products in Sweden an internationally.

Nordic LEVEL Group AB (publ.)

Market Cap: SEK 119.0m

Provides safety and security solutions primarily in Sweden.

Rubicon Water

Market Cap: AU$33.0m

Designs, manufactures, installs, and maintains irrigation automation software and hardware in Australia, New Zealand, Asia, and internationally.

ALT

Market Cap: ₩64.0b

Engages in the data, mobile, and media businesses in South Korea.

NextgenInc

Market Cap: JP¥3.0b

Provides telecommunication, session initiation protocol (SIP)/VoIP security, and enterprise solutions in Japan.

Shinden Hightex

Market Cap: JP¥5.1b

Sells semiconductor products and electronic components primarily in Japan.

Applicad

Market Cap: ฿767.2m

Engages in the sale of computer programs primarily in Thailand and Indonesia.

Oi Electric

Market Cap: JP¥6.8b

Provides information and communication equipment and related services for social infrastructure in Japan.

Orad

Market Cap: ₪130.9m

Provides security and perimeter protection, safety and fire detection, infrastructures, electromechanical systems, automation, communications and control, and solar energy systems in Israel and internationally.

EIKEI Group (Cayman)

Market Cap: NT$1.6b

Designs, manufactures, and sells printed circuit board (PCB) products in Taiwan and internationally.

i-Components

Market Cap: ₩34.7b

Produces and sells barrier and optical plastic films, and substrates in South Korea.

Pulstec Industrial

Market Cap: JP¥2.9b

Manufactures and sells electronic applied equipment and systems in Japan, Asia, Europe, North America, Africa, and internationally.

Munic

Market Cap: €4.9m

MUNIC S.A. operates as a vehicle data collection, processing, and monetization company in Europe and North America.

Nortech Systems

Market Cap: US$36.0m

Provides engineering design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China.

StrongPoint

Market Cap: NOK 470.0m

Engages in the development, sale, and implementation of integrated technology solutions to retailers in Scandinavia and internationally.

Cofidur

Market Cap: €11.4m

Engages in electronics subcontracting business in France.

Toyo Electric

Market Cap: JP¥3.3b

Manufactures and sells control devices for the factory-automation industry in Japan.

PJ Electronics

Market Cap: ₩95.9b

Provides electronic manufacturing services in South Korea.

Robot

Market Cap: €10.6m

A technology company, designs, manufactures, installs, and maintains systems for the automation and control of technical installations of buildings and the savings in Spain and internationally.

TagMaster

Market Cap: SEK 372.0m

An application driven technology company, designs and markets advanced sensor systems and solutions based on radio, radar, vision, and wireless magnetic technology under the TagMaster, Sensys Networks, Citilog, and Quercus brand names.

TransAct Technologies

Market Cap: US$35.2m

Designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.

Serial Achieva

Market Cap: S$24.6m

An investment holding company, operates as a distributor and marketer of consumer and enterprise IT products in Malaysia, Thailand, and Singapore.

GSS Energy

Market Cap: S$9.6m

An investment holding company, engages in the precision engineering business in Singapore, Indonesia, China, Thailand, and internationally.

Salora International

Market Cap: ₹279.7m

Engages in the manufacture, distribution, and marketing of consumer electronics primarily under Salora brand in India and internationally.

Ikegami Tsushinki

Market Cap: JP¥4.8b

Engages in the provision of broadcast equipment in Japan and internationally.

Autoscope Technologies

Market Cap: US$30.6m

Develops and markets video and radar processing products for use in intersection control, highway, bridge and tunnel traffic management, and traffic data collection applications in the Asia, Europe, the Middle East, and North America.