Global Potentially Undervalued Small Caps

Khind Holdings Berhad

Market Cap: RM 61.0m

An investment holding company, engages in the manufacture and sale of electrical home appliances and distribution of industrial electrical products in Malaysia, Singapore, the Middle East, and internationally.

Encorp Berhad

Market Cap: RM 38.0m

An investment holding company, provides general management support services in Malaysia.

SY Dong-ALtd

Market Cap: ₩77.9b

Engages in the production and sale of automotive rubber parts in Korea and internationally.

HRH Next Services

Market Cap: ₹358.5m

Provides business process outsourcing (BPO) services in India.

Riba Textiles

Market Cap: ₹707.2m

Manufactures and sells terry towels, bathmats, and other textile products in North America, Europe, Asia, Oceania, and India and internationally.

Alufluoride

Market Cap: ₹3.4b

Engages in the manufacture and sale of aluminum fluoride and related products for aluminum smelters in India.

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).

Umeme

Market Cap: USh102.3b

Engages in the distribution and supply of electricity in Uganda.

Biohit Oyj

Market Cap: €38.5m

A biotechnology company, manufactures and sells bind acetaldehyde, diagnostic products, and systems for diagnostic analysis for the use of research institutions, healthcare, and industry worldwide.

Saccheria F.lli Franceschetti

Market Cap: €11.6m

Produces and markets bags and packaging products in Italy.

Giocamondo Study

Market Cap: €17.0m

Provides tour operator services.

Zaklady Urzadzen Kotlowych Staporków

Market Cap: zł29.9m

Zaklady Urzadzen Kotlowych "Staporków" S.A.

Forever Entertainment

Market Cap: zł68.7m

Develops and publishes computer games for consoles and other platforms in Poland and internationally.

Transition Metals

Market Cap: CA$5.7m

Engages in the acquisition and exploration of mineral properties in Canada and the United States.

AGM Group Holdings

Market Cap: US$2.8m

A technology company, engages in the sale of cryptocurrency mining machine and standardized computing equipment in China, Hong Kong, and Singapore.

ENEFI Vagyonkezelo Nyrt

Market Cap: Ft2.0b

Engages in the production and sale of thermal energy in Hungary, Cyprus, and Romania.

Easor Oyj

Market Cap: €26.8m

Through its subsidiaries, provides financial management SaaS Solutions in Finland, Sweden, Spain and Italy.

Conygar Investment

Market Cap: UK£14.0m

The Conygar Investment Company PLC (Conygar) is an AIM quoted property investment and development group dealing in UK property.

TR Hotel Jardin Del Mar

Market Cap: €300.0k

Engages in the operation of its hotel establishment in Spain.

Examobile

Market Cap: zł7.8m

Designs and develops utility applications and games for individual and business customers in the European Union and internationally.

Ridgetech

Market Cap: US$190.2k

Operates as a wholesale distributor of pharmaceutical and other healthcare products in the People’s Republic of China.

Fair Value REIT-AG

Market Cap: €44.9m

A real estate investment trust focused on owning and managing Commercial real estate in German regional centers.

Ifirma

Market Cap: zł154.6m

IFirma SA provides accounting services. The company offers services and tools for tax settlements and supporting business activities.

Pacific Health Care Organization

Market Cap: US$11.5m

Operates as a workers’ compensation cost containment company in the United States.

Valtecne

Market Cap: €52.8m

Manufactures and sells precision mechanical components in Italy.

Robit Oyj

Market Cap: €27.9m

Provides drilling consumables for surface mining, construction, geotechnical, and well drilling industries in Finland and internationally.

Yueda Digital Holding

Market Cap: US$5.1m

Focuses on identifying and evaluating potential partnerships across financial technology and blockchain ecosystems and developing bitcoin and ether treasury framework.

Substrate Artificial Inteligence

Market Cap: €5.8m

Engages in the creation and development of artificial intelligence systems in Spain, the United Kingdom, the United States, and Latin America.

Merko Gida Sanayi ve Ticaret

Market Cap: ₺1.5b

Processes tomatoes in Turkey.

MIND C.T.I

Market Cap: US$19.2m

Develops, manufactures, markets, sells, and implements billing and customer care software solutions in the Americas, Europe, Israel, the Asia Pacific, and Africa.

Oneflow

Market Cap: SEK 477.0m

A software company, develops, sells, and implements digital contract management and automation systems in Sweden, Norway and Finland, United Kingdom, France and the Netherlands, and internationally.

SYZYGY

Market Cap: €16.9m

Through its subsidiaries, provides digital media content services in Germany, the United Kingdom, Poland, and the United States.

Talex

Market Cap: zł54.3m

Provides IT services in Poland.

Petrolia

Market Cap: NOK 366.0m

Engages in the rental and sale of energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia.

Sláturfélags Suðurlands svf

Market Cap: ISK 1.7b

Engages in the abattoir, meat processing, and import and export businesses in Iceland and internationally.