Global Potentially Undervalued Small Caps

Turbon

Market Cap: €8.3m

Engages in the development, production, and sale of typeface printing accessories in Europe, the United States, and Asia.

ZTEST Electronics

Market Cap: US$8.6m

Through its subsidiary, Permatech Electronics Corporation, designs, develops, and assembles printed circuit boards in Canada.

Manhattan Bridge Capital

Market Cap: US$49.0m

A real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States.

Nevis Brands

Market Cap: US$805.2k

Engages in the development and sale of cannabis products in the United States.

WISE Finance

Market Cap: zł26.7m

Provides consulting services in real estate sector in Poland.

Portuaria Cabo Froward

Market Cap: CL$52.1b

Provides port services in Chile.

Ekobox

Market Cap: zł73.9m

Operates as an engineering company in Poland.

Community Bancorp of Santa Maria

Market Cap: US$42.7m

Operates as the bank holding company for Community Bank of Santa Maria that provides various banking products and services for businesses and individuals.

Facephi Biometria

Market Cap: €52.9m

Engages in the biometric facial recognition technology solutions in Spain and internationally.

Ingenta

Market Cap: UK£14.0m

Provides content management, advertising, and commercial enterprise solutions and services to publishers, information providers, academic libraries, and institutions in the United Kingdom, the United States, the Netherlands, France, and internationally.

Garpco Aktiebolag

Market Cap: SEK 294.1m

Through its subsidiaries, engages in the manufacture and sale of industrial tools, industrial components in polymer materials, and interior design and furnishings.

Farmers and Merchants Bancshares

Market Cap: US$55.0m

Operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Maryland.

Gentian Diagnostics

Market Cap: NOK 545.7m

Develops, manufactures, and sells biochemical reagents for use in medical diagnostics and research in the United States, Asia, and Europe.

Cimbeton Hazir Beton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺2.7b

Engages in the production, sale, trade, and transportation of cement, ready-mixed concrete, bulk and bagged cement, and lime for construction and industrial application in Turkey.

Eric Solis Marketing

Market Cap: TT$35.0m

Engages in the selling, rental and maintenance of office printers and photocopiers, office furniture and commercial interiors in Trinidad & Tobago.

Solid World Group

Market Cap: €11.9m

Provides 3D technologies in Italy.

JE Cleantech Holdings

Market Cap: US$7.9m

An investment holding company, through its subsidiaries, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally.

ENA

Market Cap: €6.2m

Engages in condominium administration and the integrated management of property, space, and related services in Italy.

Orinoquia Real Estate SOCIMI

Market Cap: €21.2m

Orinoquia Real Estate Socimi, S.A. operates as a real estate investment company.

Inuvo

Market Cap: US$21.5m

An advertising technology and services company, develops and commercializes large language generative artificial intelligence that discovers and targets digital audiences in the United States.

Mitsides

Market Cap: €6.2m

Produces and sells pasta and flour in Cyprus and Serbia.

Denali Bancorporation

Market Cap: US$51.1m

Operates as a bank holding company for Denali State Bank that provides various banking products and services in the United States.

Jost

Market Cap: €2.6m

Engages in firm placement and personnel placement businesses in Germany and Austria.

Rajvi Logitrade

Market Cap: ₹116.0m

Provides transportation and logistics services.

Intouch Insight

Market Cap: CA$9.8m

Provides customer experience management products and software solutions in Canada, the United States, and internationally.

Paragon Financial Solutions

Market Cap: US$60.0m

Through its subsidiary, Paragon Bank, provides various banking products and services to individuals, and small and mid-sized businesses in the United States.

Cairo for Housing and Development Company (S.A.E)

Market Cap: ج.م2.3b

Engages in the development, sale, and lease of real estate properties in Egypt.

Electronic Systems Technology

Market Cap: US$247.3k

Electronic Systems Technology, Inc., doing business as ESTeem Wireless Modems, designs, develops, manufactures, and markets industrial wireless products and accessories in the United States and internationally.

Padtec Holding

Market Cap: R$110.5m

Provides equipment/DWDM and services, and software and platforms.

LPS Brasil - Consultoria de Imóveis

Market Cap: R$216.9m

Provides real estate brokerage services in Brazil.

Amit International

Market Cap: ₹54.0m

Engages in spinning, texturizing, crimping, and twisting staple, synthetic fiber, silk, cotton, wool, flax, hemp, jute, and other fiber products, as well as yarn or raw materials in India.

Salungano Group

Market Cap: R332.9m

Engages in mining, processing, selling, and distributing thermal coal in South Africa.

Sankei Chemical

Market Cap: JP¥1.6b

Manufactures and sells agricultural chemicals and pesticides in Japan.

Draw Distance

Market Cap: zł1.7m

Specializes in the development of games.

Community Bancshares (McArthur OH)

Market Cap: US$52.3m

Community Bancshares, Inc. provides various financial services in Ohio.

Joules Group

Market Cap: UK£10.3m

Joules Group Plc, together with its subsidiaries, designs and sells lifestyle clothing, related accessories, and home ware products under the Joules brand in the United Kingdom and internationally.