Global Potentially Undervalued Small Caps

Cabka

Market Cap: €49.2m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

KMD Brands

Market Cap: NZ$95.5m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

ISOTeam

Market Cap: S$66.1m

Operates in the building maintenance and estate upgrading industry in Singapore.

Sleep Cycle

Market Cap: SEK 360.5m

Engages in the development of sleep analysis applications in Sweden and internationally.

Camplify Holdings

Market Cap: AU$21.4m

Operates peer-to-peer digital marketplace platforms to connect recreational vehicle (RV) owners to hirers in Australia, New Zealand, Spain, United Kingdom, Germany, Austria and the Netherlands.

Uzma Berhad

Market Cap: RM 247.1m

An investment holding company, operates as an integrated energy and technology company in Malaysia and internationally.

ARN Media

Market Cap: AU$70.4m

Operates as a media and entertainment company in Australia and Hong Kong.

Peoplein

Market Cap: AU$65.3m

Provides staffing, business, and operational services in Australia, New Zealand, and Singapore.

Peraso

Market Cap: US$12.3m

A fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in North America, Hong Kong, Taiwan, and internationally.

Trajan Group Holdings

Market Cap: AU$59.5m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

WidePoint

Market Cap: US$50.8m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

Dovre Group

Market Cap: €7.9m

Provides project management services worldwide.

Silver Life

Market Cap: JP¥9.5b

A franchise management company, provides food delivery services in Japan.

internet infinity

Market Cap: JP¥3.9b

Provides healthcare solutions in Japan.

TradeDoubler

Market Cap: SEK 415.5m

Provides performance marketing and technology solutions for publishers and advertisers in Europe.

IMS

Market Cap: zł77.7m

Primarily provides sensory marketing services in Poland.

ProService Building Services Marketplace

Market Cap: UK£34.6m

Provides tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland.

Witted Megacorp Oyj

Market Cap: €21.0m

Develops and sells software development solutions in Finland and internationally.

ecotel communication ag

Market Cap: €28.0m

Engages in the marketing of information and telecommunications solutions for startups, and small and medium-sized companies in Germany and internationally.

Maisons du Monde

Market Cap: €28.9m

Through its subsidiaries, provides home and living room related products in France and internationally.

Allcore

Market Cap: €16.1m

Through its subsidiaries, provides tax and business consulting services for small and medium-sized businesses in Italy.

Transense Technologies

Market Cap: UK£9.5m

Engages in the provision of specialist sensor systems in the United Kingdom, North America, South America, Australia, Europe, and internationally.

Pintaras Jaya Berhad

Market Cap: RM 228.9m

An investment holding company, engages in undertaking of piling contracts, civil engineering, and building construction works in Malaysia and Singapore.

Monnalisa

Market Cap: €5.2m

Designs, produces, and distributes childrenswear in Italy and internationally.

Smith Micro Software

Market Cap: US$18.3m

Develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa.

LION E-Mobility

Market Cap: €15.7m

Through its subsidiaries, engages in the development, production, and distribution of battery modules and packs, and battery management systems in Switzerland.

Aallon Group Oyj

Market Cap: €34.3m

Provides accounting services in Finland.

NTG Clarity Networks

Market Cap: CA$50.7m

Provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.

Duell Oyj

Market Cap: €6.9m

Engages in the wholesale, import, and distribution of powersports aftermarket products in Finland, Central Europe, and the Nordic countries.

Cyclopharm

Market Cap: AU$86.8m

Cyclopharm Limited manufacture and sells medical equipment and radiopharmaceuticals in the Asia Pacific, Europe, Canada, the United States, and internationally.

TruGolf Holdings

Market Cap: US$1.5m

Through its subsidiary, engages in the design, development, manufacture, and sale of golf simulators for residential and commercial applications in the United States.

FLECT

Market Cap: JP¥6.4b

Engages in the provision of multi-cloud integration services for digital transformation in Japan.

Laird Superfood

Market Cap: US$33.3m

Manufactures and markets plant-based natural and functional food in the United States.

SHINKO

Market Cap: JP¥4.2b

Provides maintenance services, IT solutions, and human resource services in Japan.

Alfabs Australia

Market Cap: AU$89.0m

Engages in the mining equipment and engineering business in Australia.

City Chic Collective

Market Cap: AU$25.0m

Operates as a retailer of plus-size women’s apparel, footwear, and accessories in Australia, New Zealand, and the United States.