Global Potentially Undervalued Small Caps

Power Engineering Consulting 4

Market Cap: ₫253.2b

Operates as a power engineering consulting company in Vietnam.

Echo Trading

Market Cap: JP¥5.0b

Engages in the sale of pet food and pet supplies in Japan.

Inscobee

Market Cap: ₩43.9b

Engages in the smart grid, mobile virtual network operator (MVNO), bio, watch, and distribution businesses in South Korea and Hong Kong.

SCAT

Market Cap: JP¥1.7b

Provides various IT solutions for beauty salons.

JKG Land Berhad

Market Cap: RM 238.9m

An investment holding company, engages in the property development activities in Malaysia.

Veris

Market Cap: AU$30.2m

Provides surveying and spatial data services primarily in Australia.

Resonance Specialties

Market Cap: ₹1.5b

Engages in the manufacture and marketing of specialty chemicals in India and internationally.

Ho Wah Genting Berhad

Market Cap: RM 27.1m

An investment holding company, manufactures and sells wires and cables, moulded power supply cord sets, and cable assemblies for electrical and electronic devices and equipment in Malaysia, rest of Asia, and the United States.

Rossmax International

Market Cap: NT$1.1b

Develops and supplies healthcare products and solutions.

Three FLtd

Market Cap: JP¥4.3b

Manages and operates convenience, franchise, and managed stores in Japan.

Gagasan Nadi Cergas Berhad

Market Cap: RM 267.3m

An investment holding company, engages in the development of residential, commercial, and industrial property in Malaysia.

Solid Year

Market Cap: NT$1.8b

Manufactures and sells computer peripheral equipment and other electronic equipment.

Steel

Market Cap: ฿881.6m

Engages in the selling and transforming of hot rolled sheets and coils, and structural steel products in Thailand.

Rikei

Market Cap: JP¥5.6b

Engages in the system and network solutions, and electronic components and instrument businesses in Japan and internationally.

Tropical Canning (Thailand)

Market Cap: ฿1.9b

Manufactures and trades in canned and pouched seafood products in Thailand, the rest of the Asia continent, the America continent, the European continent, the Australia continent, and the Africa continent.

Vikram Thermo (India)

Market Cap: ₹6.0b

Engages in the manufacture, marketing, and export of pharmaceutical excipients and chemicals in India and internationally.

Showa System Engineering

Market Cap: JP¥6.5b

Engages in the development, operation, and consulting of information systems.

Foods and Inns

Market Cap: ₹4.0b

Manufactures and sells various processed fruits and vegetables, pulps, purees, spices, spray-dried powders, and frozen food in India and internationally.

Nippon Seiro

Market Cap: JP¥4.4b

Manufactures and sells petroleum waxes, physically and chemically converted wax products, and fuel oil in Japan, rest of Asia, North America, and internationally.

SM ENTERTAINMENT JAPANLtd

Market Cap: JP¥7.6b

Engages in the CS broadcasting, management, mobile, fan club, merchandising, events and concerts, music, and rights businesses in Japan.

Nihon IskLtd

Market Cap: JP¥2.8b

Nihon Isk Co.,Ltd. manufacture and sale of commercial and home fireproof safes in Japan.

Changhae Ethanol

Market Cap: ₩70.0b

Produces and sells spirits from sugar cane, tapioca, rice, and barley crops in South Korea.

Ken Enterprises

Market Cap: ₹803.3m

Manufactures and sells greige and finished fabrics in India and internationally.

MetroGlobal

Market Cap: ₹1.6b

Engages in trading of chemicals, textiles, minerals and ores, metals, and precious metals in India, China, the United States, South Africa, and the Middle East.

Nyquest Technology

Market Cap: NT$1.8b

Research, designs, and sells integrated circuits (ICs).

HansolHomeDeco.Co

Market Cap: ₩32.1b

Manufactures and distributes furniture components, interior materials, and other products in South Korea.

NGE Capital

Market Cap: AU$42.0m

Operates as an investment company in Australia.

MaxWin International Holdings

Market Cap: HK$38.1m

An investment holding company, engages in the manufacture and sale of injection molded plastic parts for disposable medical devices in Asia.

Phong Phu Pharmaceutical

Market Cap: ₫159.3b

Engages in the production, sale, and distribution of medicines primarily in Vietnam.

FAR

Market Cap: AU$26.3m

Operates as an oil and gas exploration and development company in Africa.

KESM Industries Berhad

Market Cap: RM 170.8m

An investment holding company, provides burn-in and test services to semiconductor manufacturers in Malaysia, the People’s Republic of China, Singapore, the United States, and Europe.

Mega Perintis

Market Cap: Rp295.9b

Engages in the manufacturing and retailing of men’s apparel in Indonesia.

Dancomech Holdings Berhad

Market Cap: RM 143.8m

Engages in the trading and distribution of process control equipment, measurement instruments, and industrial pumps in Malaysia, Indonesia, and internationally.

VitaNova Life Sciences

Market Cap: US$11.5m

Provides business consulting services in the United States, Hong Kong, China, and internationally.

Crestchem

Market Cap: ₹429.9m

Manufactures, markets, and exports nutrition-chemical products in India and internationally.

TSH Biopharm

Market Cap: NT$2.0b

Develops and markets pharmaceutical products in Taiwan.