Global Potentially Undervalued Small Caps

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.

Cabka

Market Cap: €48.9m

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

ISOTeam

Market Cap: S$65.3m

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

Sleep Cycle

Market Cap: SEK 365.0m

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

Camplify Holdings

Market Cap: AU$23.0m

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 238.1m

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

Peoplein

Market Cap: AU$64.3m

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

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.

Trajan Group Holdings

Market Cap: AU$57.2m

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.

MGB Berhad

Market Cap: RM 257.4m

An investment holding company, engages in construction and property development activities in Malaysia.

Dovre Group

Market Cap: €7.9m

Provides project management services worldwide.

Transense Technologies

Market Cap: UK£9.3m

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

Duell Oyj

Market Cap: €7.0m

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

TradeDoubler

Market Cap: SEK 398.5m

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

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.

TruGolf Holdings

Market Cap: US$3.2m

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

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.

Laird Superfood

Market Cap: US$33.3m

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

Maisons du Monde

Market Cap: €25.4m

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

Silver Life

Market Cap: JP¥9.5b

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

FLECT

Market Cap: JP¥6.3b

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

SHINKO

Market Cap: JP¥4.2b

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

internet infinity

Market Cap: JP¥3.9b

Provides healthcare solutions in Japan.

IMS

Market Cap: zł76.3m

Primarily provides sensory marketing services in Poland.

Monnalisa

Market Cap: €5.1m

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

ProService Building Services Marketplace

Market Cap: UK£33.4m

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

Witted Megacorp Oyj

Market Cap: €20.6m

Develops and sells software development solutions in Finland and internationally.

Aallon Group Oyj

Market Cap: €34.2m

Provides accounting services in Finland.

LION E-Mobility

Market Cap: €15.6m

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

Allcore

Market Cap: €16.1m

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

ecotel communication ag

Market Cap: €26.2m

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

Cyclopharm

Market Cap: AU$91.7m

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

Pintaras Jaya Berhad

Market Cap: RM 220.6m

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

Marzocchi Pompe

Market Cap: €14.4m

Engages in the design, manufacture, and sale of external gear pumps and motors in Italy, the Americas, rest of Europe, Asia, Africa, and Oceania.

ABO Energy GmbH KGaA

Market Cap: €55.1m

Develops renewable energy projects in Germany and internationally.

Goldplat

Market Cap: UK£25.6m

Operates as a mining services company in South Africa and Ghana.