Global Potentially Undervalued Small Caps

Cabka

Market Cap: €46.0m

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

KMD Brands

Market Cap: NZ$97.0m

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$65.3m

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

Camplify Holdings

Market Cap: AU$20.1m

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.

ARN Media

Market Cap: AU$73.6m

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

Uzma Berhad

Market Cap: RM 244.1m

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

Peraso

Market Cap: US$11.8m

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

Peoplein

Market Cap: AU$65.4m

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

WidePoint

Market Cap: US$46.6m

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

Trajan Group Holdings

Market Cap: AU$61.0m

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.

Dovre Group

Market Cap: €7.9m

Provides project management services worldwide.

NTG Clarity Networks

Market Cap: CA$47.8m

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

Magis

Market Cap: €54.4m

Engages in the manufacture and sale of adhesive tapes and similar products for disposable nappies and adult incontinence products.

IMS

Market Cap: zł77.6m

Primarily provides sensory marketing services in Poland.

Duell Oyj

Market Cap: €6.3m

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

Maisons du Monde

Market Cap: €28.1m

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

Smith Micro Software

Market Cap: US$17.9m

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.

Transense Technologies

Market Cap: UK£9.7m

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

Aallon Group Oyj

Market Cap: €34.5m

Provides accounting services in Finland.

LION E-Mobility

Market Cap: €15.1m

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

TruGolf Holdings

Market Cap: US$2.6m

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

Witted Megacorp Oyj

Market Cap: €21.0m

Develops and sells software development solutions in Finland and internationally.

ProService Building Services Marketplace

Market Cap: UK£39.4m

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

ecotel communication ag

Market Cap: €23.4m

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

TradeDoubler

Market Cap: SEK 404.7m

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

Allcore

Market Cap: €16.3m

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

SHINKO

Market Cap: JP¥4.1b

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

FLECT

Market Cap: JP¥6.4b

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

Xenia Hôtellerie Solution. Società Benefit

Market Cap: €9.3m

Operates in the hospitality sector.

Silver Life

Market Cap: JP¥9.4b

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

Pintaras Jaya Berhad

Market Cap: RM 232.2m

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

Energy Time

Market Cap: €27.5m

Operates as an engineering, procurement, and construction company.

Mr.Bricolage

Market Cap: €46.2m

Engages in retailing of renovation, home, and garden decoration products.

Panostaja Oyj

Market Cap: €15.7m

A private equity firm specializing in investments through corporate acquisitions, industry consolidations, buyout, growth capital and in small and medium-sized companies through acquisitions in sectors undergoing growth.

Headlam Group

Market Cap: UK£25.0m

Engages in the sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe.

ABO Energy GmbH KGaA

Market Cap: €53.0m

Develops renewable energy projects in Germany and internationally.