Global Potentially Undervalued Small Caps

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.

Microequities Asset Management Group

Market Cap: AU$53.6m

Provides investment fund management in Australia.

Leeport (Holdings)

Market Cap: HK$177.2m

An investment holding company, engages in the trading of metalworking machinery, measuring instruments, cutting tools, and electronic equipment in the People’s Republic of China, Hong Kong, Singapore, Taiwan, Malaysia, Germany, and Indonesia.

Talaad Thai Leasehold Property Fund

Market Cap: ฿1.7b

Specializes in real estate investments.

Wise Ally International Holdings

Market Cap: HK$96.0m

An investment holding company, provides electronics manufacturing services with a focus on consumer electronic products.

Classic Electrodes (India)

Market Cap: ₹777.9m

Engages in manufacturing welding electrodes and providing engineering solutions in domestic and international markets.

Cords Cable Industries

Market Cap: ₹2.6b

Engages in the design, development, manufacture, and sale of power, control, instrumentation, thermocouple extension/compensating, and communication cables in India.

Tomypak Holdings Berhad

Market Cap: RM 62.5m

An investment holding company, engages in the manufacture and marketing of flexible and industrial packaging materials for food and beverage companies in Malaysia and internationally.

Okong

Market Cap: ₩33.5b

Engages in the manufacture and sale of various adhesives in South Korea and internationally.

Ma Kuang Healthcare Holding

Market Cap: NT$1.1b

An investment holding company, provides medical services in Taiwan, Singapore, Mainland China, and internationally.

Hankukpackage

Market Cap: ₩44.6b

Hankukpackage Co., Ltd. manufacture and sell liquid packaging container in South Korea.

Storage Technologies and Automation

Market Cap: ₹351.0m

Designs, manufactures, and installs metal storage racks, automated warehousing systems, shelving solutions, and structural storage facilities in India.

Opticis

Market Cap: ₩49.8b

Engages in the design, manufacture, and sale of fiber- optic digital link products in South Korea and internationally.

M.K. Real Estate Development

Market Cap: ฿712.1m

Engages in the property development business in Thailand.

Me2on

Market Cap: ₩73.0b

Operates as a social casino game development company in South Korea and internationally.

Total Transport Systems

Market Cap: ₹783.3m

Provides logistic services in India and internationally.

OM2 NetworkLtd

Market Cap: JP¥10.2b

OM2 Network Co.,Ltd. retails meat and prepared food products in Japan.

Mustika Ratu

Market Cap: Rp188.3b

Engages in the manufacture, trade, and distribution of herbal medicine and traditional cosmetics in Indonesia.

Aastamangalam Finance

Market Cap: ₹501.2m

A non-banking financial company provides financial services in India.

Confidence Futuristic Energetech

Market Cap: ₹962.5m

Engages in the manufacture and supply of LPG cylinders under the Go Gas Elite brand name for domestic and commercial users in India.

Parmeshwar Metal

Market Cap: ₹3.0b

Manufactures and sells copper wire and copper wire rods in India.

Farm Pride Foods

Market Cap: AU$50.7m

Produces, processes, manufactures, and sells eggs and egg products in Australia.

Defence.Hub Spolka Akcyjna

Market Cap: zł3.6m

Develops, produces, ports, and publishes video games worldwide.

Lion Metal Works

Market Cap: Rp184.1b

Manufactures and sells office equipment in Indonesia.

LIPPSLtd

Market Cap: JP¥3.9b

Develops and sells men's beauty products.

Transimex Logistics

Market Cap: ₫157.5b

Provides transportation services for project, oversized, overweight, and refrigerated cargos in Vietnam and the Asia-Pacific region.

Chinney Kin Wing Holdings

Market Cap: HK$397.5m

An investment holding company, engages in foundation construction, and drilling and site investigation works for public and private sectors in Hong Kong.

Puncak Niaga Holdings Berhad

Market Cap: RM 76.0m

Provides integrated water, wastewater, and environmental solutions in Malaysia.

Duty Free International

Market Cap: S$83.9m

An investment holding company, operates as a duty-free retailer under the Zon brand in Malaysia.

Ingenieur Gudang Berhad

Market Cap: RM 45.5m

An investment holding company, engages in construction activities in Malaysia.

Asian Citrus Holdings

Market Cap: HK$31.4m

An investment holding company, produces, plants, cultivates, and sells agricultural produce in the People’s Republic of China.