Global Potentially Undervalued Small Caps

Gale Pacific

Market Cap: AU$22.5m

Manufactures, markets, distributes, and sells branded screening, architectural shading, and commercial agricultural/horticultural fabric products.

Central Pharmaceutical No3

Market Cap: ₫1.3t

Engages in the manufacturing and sale of pharmaceutical products primarily in Vietnam and internationally.

Maskeliya Plantations

Market Cap: LK₨3.7b

Engages in the cultivation, manufacture, and sale of black tea in Sri Lanka.

TCM Corporation

Market Cap: ฿229.0m

Engages in the manufacture, distribution, and sale of various rugs and carpets in Thailand, the United Kingdom, and internationally.

Kidswell Bio

Market Cap: JP¥6.7b

Develops pharmaceutical products for the treatment of pediatric, pediatric, intractable, and Asia-endemic diseases in Japan.

Key

Market Cap: ₹366.3m

A non-banking financial company, provides vehicle financing services in India.

Prosper Engineering

Market Cap: ฿108.0m

Provides engineering systems, design, contracting, engineering consulting, and system maintenance services in Thailand.

Sahathai Printing & Packaging

Market Cap: ฿1.1b

Engages in the paper box printing and publication business in Thailand.

Star Paper Mills

Market Cap: ₹2.1b

Manufactures and supplies paper, and paper boards and other related products in India and internationally.

Asia Fiber

Market Cap: ฿174.1m

Engages in the manufactures and sells nylon products in Thailand.

PetroVietnam Packaging

Market Cap: ₫57.6b

Produces and trades PP and PE packaging threads in Vietnam.

Fourace Industries Group Holdings

Market Cap: HK$296.6m

Engages in the design, development, manufacture, and sale of personal care and lifestyle electrical appliances in the United States, Japan, Europe, the People's Republic of China, and rest of the Asia Pacific.

Water Supply Sewerage Construction and Investment

Market Cap: ₫290.4b

Operates as a general contractor for construction and installation of water supply and drainage works, wastewater treatment, and technical infrastructure projects in Vietnam.

Plada Infotech Services

Market Cap: ₹98.2m

Provides business process outsourcing services in India.

Charnic Capital

Market Cap: Rp677.2b

An investment holding company, engages in the property investment business in Indonesia.

WTEC Group Berhad

Market Cap: RM 52.8m

Manufactures and trades in foam and non-foam products in Malaysia and internationally.

Gadang Holdings Berhad

Market Cap: RM 132.1m

An investment holding company, engages in civil engineering and construction, property development, water supply, and mechanical and electrical engineering businesses in Malaysia, Indonesia, and Singapore.

Mauritius Secondary Industries

Market Cap: MU₨28.0m

Engages in the rental activity of commercial and industrial buildings.

SNL Bearings

Market Cap: ₹1.3b

Manufactures and markets antifriction bearing products in India and internationally.

HK

Market Cap: ₩22.2b

Manufactures and sells laser cutting machines in South Korea and internationally.

Yappli

Market Cap: JP¥9.1b

Engages in mobile technology and internet businesses in Japan.

National Real Estate Development and Investments Company SAOG

Market Cap: ر.ع8.6m

Engages in renting and managing self-owned or leased real estate properties.

Ahmad Hassan Textile Mills

Market Cap: PK₨767.1m

Engages in the manufacture and sale of fabrics in Pakistan.

Toabo

Market Cap: JP¥4.3b

Manufactures and sells textiles in Japan and internationally.

Song Da Consulting JSC

Market Cap: ₫19.6b

Engages in the provision of consulting services in Vietnam and internationally.

Captii

Market Cap: S$8.1m

An investment holding company, operates in the technology and telecommunication businesses in Southeast Asia, South Asia, the Middle East, Africa, China, North America, and internationally.

StreamPlay Studio

Market Cap: AU$11.9m

Engages in development, publishing, and distribution of interactive digital entertainment in Australia and internationally.

Shadab Textile Mills

Market Cap: PK₨1.3b

Engages in the manufacture, sale, buying, and dealing of various types of yarns in Pakistan.

Nippon Pigment Holdings

Market Cap: JP¥7.6b

Manufactures and sells liquid dispersion products, colorants, and resin compounds in Japan and internationally.

MOBASELtd

Market Cap: ₩82.8b

Manufactures and sells automobile parts, mobile phone cases, and sewing and embroidery machines in South Korea and internationally.

Graphisads

Market Cap: ₹548.3m

Provides integrated marketing, advertising, and communications agency services in India.

Maks Energy Solutions India

Market Cap: ₹183.1m

Engages in manufacturing, supplying, selling, installing, servicing, hiring, and commissioning of diesel generator sets and earth-moving equipment in India.

Pungguk Ethanol

Market Cap: ₩97.8b

Manufactures, distributes, and sells of alcohol in South Korea.

Yellow Balloon Tour

Market Cap: ₩63.2b

Provides travel services in South Korea and internationally.

JSB Financial

Market Cap: US$32.1m

Operates as the bank holding company for Jefferson Security Bank that provides various banking products and services.

Hyweb Technology

Market Cap: NT$1.6b

Engages in the research and development of electronic government, book education, and electronic payment related software technologies in China and internationally.