Global Potentially Undervalued Small Caps

OSTEONIC

Market Cap: ₩91.3b

Osteonic Co., Ltd. develops, manufactures, and sells bone fixation systems.

Seiwa Electric Mfg

Market Cap: JP¥8.8b

Manufactures and sells information equipment, lighting equipment, and components in Japan and internationally.

Radiopharm Theranostics

Market Cap: AU$70.9m

A clinical-stage radiotherapeutics company, engages in the research and development of radiopharmaceutical products for diagnostic and therapeutic uses in areas with high unmet medical needs.

Subex

Market Cap: ₹5.9b

Provides operations and business support systems to communication service providers (CSPs) worldwide.

Care ServiceLtd

Market Cap: JP¥2.6b

Provides in-home care support and day services in Japan and internationally.

Chugai Mining

Market Cap: JP¥9.4b

Chugai Mining Co., Ltd. collects, processes, refines, and retails precious metals in Japan and internationally.

Chi Sheng Pharma & Biotech

Market Cap: NT$1.8b

Manufactures, processes, imports, exports, and sells western medicines, cosmetics, health food products, medical devices, and animal medicines in Taiwan and internationally.

Progressive Path Group Holdings

Market Cap: HK$134.9m

An investment holding company, engages in the construction business in Hong Kong.

PNE Industries

Market Cap: S$36.9m

Manufactures, assembles, and trades in electrical and electronic products primarily in Romania, the Netherlands, Europe, Malaysia, Singapore, and the People’s Republic of China.

YKGI

Market Cap: S$55.5m

An investment holding company, operates food outlets in Singapore.

Brook Crompton Holdings

Market Cap: S$22.2m

An investment holding company, distributes electric motors in the United Kingdom, Continental Europe, the Asia Pacific, and North America.

Inspace Creation Berhad

Market Cap: RM 83.1m

An investment holding company, engages in the provision of interior fitting-out services.

Yi Shin Textile Industrial

Market Cap: NT$1.2b

Manufactures and sells draw textured and functional elastic yarn in Taiwan, Vietnam, Japan, Thailand, Hongkong, and internationally.

TSG Development

Market Cap: NT$1.8b

Provides POS terminals in Asia, Europe, and internationally.

Better World Green

Market Cap: ฿1.9b

Engages in integrated waste treatment and disposal of the industrial waste in Thailand.

Pranda Jewelry

Market Cap: ฿563.3m

Manufactures and distributes jewelry in Thailand, the United States, Hongkong, the United Kingdom, Canada, and internationally.

Mittal Life Style

Market Cap: ₹448.3m

Engages in supply of bottom weight fabrics and denims primarily in India.

LYC Healthcare Berhad

Market Cap: RM 11.1m

Provides health care services primarily in Malaysia and Singapore.

Sai Gon - Mien Trung Beer

Market Cap: ₫1.2t

Engages in the production and sale of beverage products.

National Reinsurance Corporation of the Philippines

Market Cap: ₱2.0b

Engages in the provision of life and non-life reinsurance to insurance companies in the Philippines and neighboring insurance markets.

SMVD Poly Pack

Market Cap: ₹115.8m

Manufactures and markets flexible intermediate bulk containers (FIBC) packaging products primarily in India.

88(Thailand)

Market Cap: ฿926.5m

Manufactures and distributes cosmetics and dietary supplements.

Rockworth

Market Cap: ฿210.0m

Engages in the manufacture and distribution of furniture in Thailand and Asia.

Shriro Holdings

Market Cap: AU$46.7m

Manufactures, markets, and distributes consumer products in Australia, New Zealand, the United States, China, and internationally.

Simplicity Holding

Market Cap: HK$22.8m

An investment holding company, operates casual dining full-service restaurants in Hong Kong.

Oceanic Beverages

Market Cap: NT$487.0m

Manufactures, distributes, wholesale, and retails soft drinks and beverages in Taiwan and internationally.

Apexindo Pratama Duta

Market Cap: Rp485.9b

Operates as a drilling contractor in Indonesia and internationally.

Argha Karya Prima Industry

Market Cap: Rp309.2b

Produces and distributes flexible packaging films in Indonesia, the rest of Asia, America, Europe, Africa, the Middle East, Australia, and New Zealand.

Astino Berhad

Market Cap: RM 241.9m

An investment holding company, manufactures, processes, and sells metal building materials and other steel products in Malaysia, Indonesia, Philippines, and internationally.

Sungwoo Electronics

Market Cap: ₩36.3b

Manufactures and sells broadcasting and wireless internet equipment worldwide.

Mcnulty Korea

Market Cap: ₩20.8b

Produces and sells coffee beans in South Korea.

Superbag Company

Market Cap: JP¥3.1b

Manufactures and markets paper and plastic shopping bags in Japan and internationally.

SonocomLtd

Market Cap: JP¥3.6b

Manufactures and sells screen printing materials and equipment in Japan.

DS Sigma Holdings Berhad

Market Cap: RM 120.0m

An investment holding company, engages in manufacturing, supplying, and trading of packaging materials and paper products in Malaysia.

UG Healthcare

Market Cap: S$51.8m

An investment holding company, manufactures and sells disposable gloves.

Lion Chemtech

Market Cap: ₩73.1b

Provides artificial marbles and wax products in South Korea.