Global Potentially Undervalued Small Caps

Padam Cotton Yarns

Market Cap: ₹212.9m

Engages in lending and investment business in India.

Tittot

Market Cap: NT$1.0b

Engages in the design, production, manufacture, and sale of crystal glass, plaster, wax, and other art products in Taiwan and China.

Sun-Sea Construction

Market Cap: NT$567.0m

Engages in the construction business in Taiwan.

Actoz SoftLtd

Market Cap: ₩46.3b

Operates as a game company in South Korea and internationally.

Hakuten

Market Cap: JP¥10.4b

Engages in the experience marketing business in Japan.

Sugai Chemical Industry

Market Cap: JP¥3.3b

Manufactures and sells various chemicals in Japan.

MICREEDLtd

Market Cap: JP¥2.7b

Engages in the mail-order sale of commercial food ingredients to small and medium restaurants in Japan.

CP Capital

Market Cap: ₹1.7b

A non-banking financing company, provides financing support to educational institutions for developing educational infrastructure.

Carlo Rino Group Berhad

Market Cap: RM 95.3m

An investment holding company, designs, promotes, markets, distributes, and retails women's footwear, handbags, and accessories under the Carlo Rino brand in Malaysia.

China Environmental Technology and Bioenergy Holdings

Market Cap: HK$73.0m

An investment holding company, manufactures and sells outdoor wooden products in the People's Republic of China, Australia, North America, Europe, and the Asia Pacific.

SOCAM Development

Market Cap: HK$119.5m

Engages in the construction and property businesses in Mainland China, Hong Kong, and Macau.

Kawaguchi Chemical Industry

Market Cap: JP¥1.7b

Manufactures and sells chemicals in Japan, the rest of Asia, and internationally.

My Food Bag Group

Market Cap: NZ$70.4m

Engages in creating and delivering meal kits, pre-prepared ready-to-heat meals, and grocery items in New Zealand.

Arrow Syndicate

Market Cap: ฿1.4b

Manufactures and sells various conduits in construction and building, electrical conduits, and PPR piping for water treatment systems in Thailand.

i Cubed Systems

Market Cap: JP¥9.1b

Provides cloud-based mobile device management services under the CLOMO MDM name in Japan.

Heungkuk MetaltechLtd

Market Cap: ₩60.9b

Manufactures, processes, wholesales, and retails construction machinery parts in South Korea, rest of Asia, the United States, Europe, and internationally.

Right Tunnelling

Market Cap: ฿428.4m

Engages in the provision of construction services, open and underground rock excavation, dam excavation, and other construction works in Thailand, Myanmar, the Lao People’s Democratic Republic, and Cambodia.

SDN Company

Market Cap: ₩58.5b

Manufactures and sells photovoltaic products in Korea.

TPC Power Holding

Market Cap: ฿557.7m

Generates and distributes electricity in Thailand.

Satchmo Holdings

Market Cap: ₹751.0m

Engages in the business of real estate development in India.

CL Educate

Market Cap: ₹3.0b

Provides education and test preparation training programmes in India and internationally.

Kallam Textiles

Market Cap: ₹147.9m

Engages in the manufacture and sale of cotton and dyed yarns, and grey and dyed fabrics in India.

Renuka Agri Foods

Market Cap: LK₨8.9b

Engages in growing, manufacturing, marketing, and export coconut-based food and beverage products in Sri Lanka and internationally.

Xinyi Electric Storage Holdings

Market Cap: HK$408.5m

An investment holding company, engages in the energy storage, EPC services, automobile glass repair and replacement services, photovoltaic (PV) films, and other businesses.

Sapura Industrial Berhad

Market Cap: RM 58.9m

An investment holding company, manufactures, supplies, and sells products for automotive, electronics, and electrical industries in Malaysia.

Unimit Engineering

Market Cap: ฿479.2m

Engages in the design, shop fabrication, field installation, and erection of steel products and construction works in Thailand and internationally.

AxisLtd

Market Cap: JP¥6.9b

Engages in the research and development, sale, consultation, and operation management of computer systems.

ATEC MOBILITY

Market Cap: ₩37.0b

Develops and provides products and services in the transportation card field in South Korea and internationally.

Revu

Market Cap: ₩66.5b

Engages in advertising agency business in Korea and internationally.

Tianjin Binhai Teda Logistics (Group)

Market Cap: HK$120.3m

Provides logistics services in the People’s Republic of China.

Tsudakoma

Market Cap: JP¥6.0b

Produces and sells textile machinery and machine tool attachments in Japan, Asia, North and south America, Europe, and internationally.

Vietnam Medical and Pharmaceutical Investment

Market Cap: ₫433.1b

Engages in the distribution of medical equipment and instruments in Vietnam.

Antariksh Industries

Market Cap: ₹885.3k

Engages in the real estate and trading activities in India.

Cluster TechnologyLtd

Market Cap: JP¥1.7b

Manufactures and sells various resin composite materials in Japan.

Sammakorn

Market Cap: ฿526.3m

Engages in the real estate development business in Thailand.

Asian Palm Oil

Market Cap: ฿700.4m

Manufactures and sells palm oil, dried palm kernels, and palm seedings in Thailand.