Global Potentially Undervalued Small Caps

Moong Pattana International

Market Cap: ฿740.3m

Distributes baby, infant, and other products in Thailand and internationally.

Elate Holdings

Market Cap: HK$60.4m

An investment holding company, provides contract manufacturing services in the United Kingdom, Hong Kong, Germany, Singapore, the United States, and internationally.

Techno Alpha

Market Cap: JP¥2.0b

Operates as a trading company in Japan and internationally.

CominixLtd

Market Cap: JP¥6.6b

Operates as a specialized trading company in Japan and internationally.

Crane Infrastructure

Market Cap: ₹101.0m

Engages in the real estate business in India.

Seiryo Electric

Market Cap: JP¥2.7b

Operates in the information and communication technology sectors in Japan.

Brooks Laboratories

Market Cap: ₹2.0b

Provides contract development and manufacturing services for pharmaceutical companies in India and internationally.

SPEL

Market Cap: PK₨9.3b

Engages in the manufacture and sale of plastic packaging and plastic parts for the food and FMCG, and automotive industries in Pakistan, Hungary, Turkey, Belgium, France, Italy, the United Kingdom, the United States, Taiwan, and China.

System D

Market Cap: JP¥9.0b

Develops and sells industry specific package software products in Japan.

ACME Holdings Berhad

Market Cap: RM 35.9m

An investment holding company, engages in the housing and property development business in Malaysia.

Hasnur Internasional Shipping

Market Cap: Rp462.2b

Provides river and sea transportation and logistics services in Indonesia and internationally.

SUTL Enterprise

Market Cap: S$84.4m

An investment holding company, develops, operates, and consults integrated marinas in Singapore and Malaysia.

Getabec

Market Cap: ฿672.0m

Engages in the manufacture and distribution of steam and hot water boilers in Thailand and internationally.

Billing System

Market Cap: JP¥6.3b

Provides payment services in Japan.

MHC

Market Cap: ₫408.7b

Primarily engages in the marine transportation business in Vietnam.

BSA

Market Cap: AU$25.2m

Provides communications and utilities infrastructure, and property solutions in Australia.

Elegant Floriculture & Agrotech (India)

Market Cap: ₹103.6m

Produces, sells, and exports cut flowers in India.

Innovative Technology Development

Market Cap: ₫408.3b

Provides technology solutions in Vietnam and internationally.

Naapbooks

Market Cap: ₹782.1m

Develops and provides information technology solutions to corporates in India.

Sedania Innovator Berhad

Market Cap: RM 38.8m

An investment holding company, provides integrated telecommunications services in Malaysia, Europe, rest of Asia, and internationally.

XOX Berhad

Market Cap: RM 34.4m

An investment holding company, provides mobile telecommunication and fintech products and services primarily in Malaysia.

Systech Bhd

Market Cap: RM 123.7m

An investment holding company, provides cybersecurity and corporate solutions, and e-logistics businesses in Malaysia, rest of Asia, and internationally.

Kingsmen C.M.T.I

Market Cap: ฿464.8m

Engages in the interior design, exhibition, and events businesses in Thailand.

Farlim Group (Malaysia) Bhd

Market Cap: RM 23.0m

An investment holding company, engages in the development of properties in Malaysia.

Paramount Cosmetics (India)

Market Cap: ₹160.3m

Engages in the manufacture and marketing of cosmetic products for women in India.

Kyoei Security Service

Market Cap: JP¥4.3b

Provides security services in Japan.

Successmore Being

Market Cap: ฿97.5m

Distributes consumer products using multi-level marketing in Thailand and internationally.

Central Petroleum

Market Cap: AU$49.5m

Engages in the development, production, processing, and marketing of hydrocarbons, including natural gas, and crude oil and condensate in Australia.

Home Pottery

Market Cap: ฿99.3m

Manufactures, distributes, and sells fine China tableware and appliances in Thailand.

Rana Sugars

Market Cap: ₹1.9b

Engages in the manufacture of sugar, ethanol, and co-generation of power in India.

WT Financial Group

Market Cap: AU$41.1m

Provides a range of financial services.

Sanoyas Holdings

Market Cap: JP¥8.3b

Engages in the manufacturing and assembly of machinery and parts in Japan.

Boltek Holdings

Market Cap: HK$192.0m

An investment holding company, provides engineering design, landscape architecture, and consultancy services in Hong Kong.

Tse Sui Luen Jewellery (International)

Market Cap: HK$171.9m

An investment holding company, manufactures, sells, and markets jewelry products in Hong Kong, Macau, Mainland China, and internationally.

China ITS (Holdings)

Market Cap: HK$395.6m

An investment holding company, provides products, specialized solutions, and services related to infrastructure technology in railway and electric power sectors in the People’s Republic of China, Myanmar, Malaysia, and Hungary.

Nam Hoa Trading and Production

Market Cap: ₫273.6b

Engages in the production and trading of school supplies and wooden toys in Vietnam.