Global Potentially Undervalued Small Caps

Dillistone Group

Market Cap: UK£3.7m

Provides technology solutions and services in the United Kingdom, rest of Europe, the Americas, Australia, and internationally.

Paxys

Market Cap: ₱1.7b

An investment holding company, provides data conversion and other business process outsourcing services in the United States, Australia, and the United Kingdom.

Water Intelligence

Market Cap: UK£41.2m

Provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Ireland, Australia, Canada, and internationally.

MakoLab Spólka Akcyjna

Market Cap: zł58.7m

Operates as a digital solutions company in Poland.

Lachish Industries

Market Cap: ₪86.0m

Engages in the development, manufacturing, and marketing of various feed mixers for the dairy farms, sheep, and beef cattle in Israel, France, Netherlands, Germany, Spain, Europe, and internationally.

Power REIT

Market Cap: US$3.9m

A real-estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture (greenhouses), Renewable Energy and Transportation.

Semacom Integrated

Market Cap: Rp125.3b

Manufactures and sells electrical panels in Indonesia.

Petards Group

Market Cap: UK£5.8m

Engages in the development, supply, and maintenance of technologies used in advanced security, communications, surveillance, and ruggedised electronic applications in the United Kingdom, Continental Europe, and internationally.

S.C. Bucur

Market Cap: RON 99.9m

Engages in the wholesale and retail of food and non-food products in Europe.

Song Da 5.05 JSC

Market Cap: ₫629.0b

Primarily operates as a construction company in Vietnam.

KPS Consortium Berhad

Market Cap: RM 100.0m

An investment holding company, engages in the distribution and retail of wooden doors, plywood, and related building materials in Malaysia.

Brite-Tech Berhad

Market Cap: RM 66.8m

An investment holding company, provides integrated water purification and wastewater treatment solutions in Malaysia.

Solid Group

Market Cap: ₱2.5b

An investment holding company, engages in the distribution/retail, property and related services, logistics and technical solutions, and investment and other businesses in the Philippines.

TA

Market Cap: S$68.0m

An investment holding company, operates in the property and construction business in Singapore, Cambodia, Myanmar, and internationally.

Muscat Thread Mills SAOG

Market Cap: ر.ع3.9m

Manufactures and markets sewing threads in Oman, South Asia, the Middle East, and internationally.

Tamilnadu Steel Tubes

Market Cap: ₹130.2m

Manufactures and sells black, galvanized, and stainless-steel pipes in India.

Natural Cool Holdings

Market Cap: S$19.5m

An investment holding company, provides installation, maintenance, repair, and replacement services for air-conditioning systems in Singapore.

SC J.T. Grup Oil

Market Cap: RON 114.5m

Engages in the fuel distribution market and is the developer of the first private fuel terminal for liquid petroleum products in Romania.

Cyviz

Market Cap: NOK 327.9m

Operates as a technology provider for conference and control rooms and command and experience centers in Europe, the Middle East, the Asia Pacific, and North America.

Qwamplify

Market Cap: €10.3m

Engages in the provision of digital marketing solutions in France.

Editel

Market Cap: zł15.1m

Provides electronic data interchange (EDI) solutions, specializing in the optimization of supply chain processes worldwide.

Wise Energy

Market Cap: zł21.3m

Engages in the sale of electricity in Poland.

NeuroOne Medical Technologies

Market Cap: US$27.9m

A medical technology company, provides solutions for continuous electroencephalogram (cEEG) and stereoelectrocencephalography (sEEG) recording in the United States.

Cemat

Market Cap: DKK 207.9m

Develops, operates, and sells properties in Poland.

Ihlas Yayin Holding

Market Cap: ₺729.0m

Through its subsidiaries, engages in media, publishing, and advertising businesses in Turkey.

Vitreous Glass

Market Cap: CA$39.7m

Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada.

Atico Mining

Market Cap: CA$42.6m

Engages in the exploration, development, extraction, and processing of copper and gold projects in Latin America.

TCECUR Sweden

Market Cap: SEK 167.5m

Through its subsidiaries, develops, installs, sells, and services security systems in Sweden and internationally.

Bitcoin Depot

Market Cap: US$2.5m

Owns and operates a network of bitcoin ATMs in the United States, Canada, Australia, and Hong Kong.

Kron Teknoloji

Market Cap: ₺1.7b

Provides technology solutions for the operational efficiency and security needs of the corporates in the finance, energy, healthcare, and telecommunications sectors worldwide.

Hultstrom Group

Market Cap: SEK 212.3m

Provides project management and consulting services in Sweden, rest of Europe, Asia, and Africa.

Malek Spinning Mills

Market Cap: ৳5.6b

Manufactures and sells yarns in Bangladesh.

Savor

Market Cap: NZ$11.9m

Operates in the hospitality sector in Auckland, New Zealand.

CG-VAK Software and Exports

Market Cap: ₹899.4m

Through its subsidiaries, provides software services worldwide.

International Conveyors

Market Cap: ₹5.0b

Manufactures and markets PVC conveyor belting products in India and internationally.

Dynemic Products

Market Cap: ₹2.8b

Engages in the manufacture and sale of dyes and dye intermediates in India.