Croatian Pharmaceuticals & Biotech Undervalued Tech

Divfex Berhad

Market Cap: RM 67.1m

An investment holding company, provides information and communication technology products and services for telecommunication companies and enterprises in Malaysia.

Cirata

Market Cap: UK£12.3m

Engages in the development and provision of collaboration software in North America, the United Kingdom, and internationally.

PC Direct

Market Cap: ₩22.2b

Distributes IT components in South Korea and internationally.

JiransecurityLtd

Market Cap: ₩22.0b

A security software company, provides solutions and maintenance services for corporate information security and data management.

Vitzrosys

Market Cap: ₩21.5b

Engages in the IT convergence and integration, renewable energy, U-city, and wireless communication businesses in Korea and internationally.

Novatech Industries

Market Cap: €13.4m

Provides electronic product design and manufacturing solutions in Europe.

Nextedia

Market Cap: €13.3m

Provides cybersecurity, cloud and digital workspace, and customer experience solutions in France.

ELP

Market Cap: ₩20.7b

Engages in the development and sale of display test products in South Korea.

U.I.DisplayLtd

Market Cap: ₩20.3b

Provides ITO coating, outdoor signage, and cover glass lamination products.

Alarum Technologies

Market Cap: ₪44.8m

Provides web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, China, Hong Kong, Israel, the United Arab Emirates, and Africa.

Charm EngineeringLtd

Market Cap: ₩23.2b

Researches, develops, manufactures, and sells FPD repair equipment in South Korea and internationally.

Sagtec Global

Market Cap: US$14.7m

Engages in the provision of customizable software solutions in Malaysia.

StepChange Holdings

Market Cap: AU$20.6m

Operates as an SAP ERP consulting firm in Australia and internationlly.

Arcontech Group

Market Cap: UK£11.0m

Engages in the development and sale of proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australasia, and the Asia Pacific.

ThroughTek

Market Cap: NT$460.1m

Provides solutions for Internet of Things (IoT) cloud services platforms.

PORTERS

Market Cap: JP¥2.3b

Develops and provides cloud solutions for the human resources business in Japan.

Bison Electronics

Market Cap: NT$453.5m

Together with its subsidiary, Kunshan BaiChuang Optoelectronics Co., Ltd, engages in the sale of camera modules to computer manufacturers in Mainland China, Taiwan, and internationally.

MMAG Holdings Berhad

Market Cap: RM 58.0m

An investment holding company, provides supply chain solutions in Malaysia, Hong Kong, Singapore, and Macau.

Talex

Market Cap: zł53.4m

Provides IT services in Poland.

Cuscapi Berhad

Market Cap: RM 56.7m

Provides point-of-sale systems in Malaysia and Southeast Asia.

Quantum software

Market Cap: zł51.9m

Provides IT systems for enterprises in the domain of logistics and delivery chain management in Poland and internationally.

tick Trading Software

Market Cap: €11.9m

A software company, provides solutions for professional trading of various asset classes worldwide.

Wetouch Technology

Market Cap: US$13.4m

Engages in the research, development, manufacture, sale, and servicing of medium to large-sized projected capacitive touchscreens in the Republic of China, Taiwan, South Korea, and internationally.

B+S Banksysteme

Market Cap: €11.6m

Provides software solutions for banks and financial service providers.

MakoLab Spólka Akcyjna

Market Cap: zł48.9m

Operates as a digital solutions company in Poland.

Wise Ally International Holdings

Market Cap: HK$99.0m

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

Jason Marine Group

Market Cap: S$15.7m

An investment holding company, provides marine electronic equipment and communication integration solutions for offshore vessels.

Cofidur

Market Cap: €10.7m

Provides electronics subcontracting services in France, rest of Europe, the United States, and internationally.

OPTeam Spólka Akcyjna

Market Cap: zł46.0m

Provides IT solutions for businesses, public institutions, and universities in Poland.

Knowledge Net Computer

Market Cap: ر.س45.5m

Designs, develops, programs, and sells software solutions to emerging financial services companies, and Fintech companies.

NTG Clarity Networks

Market Cap: CA$16.8m

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

Techno Alpha

Market Cap: JP¥1.9b

Operates as a trading company in Japan and internationally.

Taiyo TechnolexLtd

Market Cap: JP¥1.9b

Engages in the manufacture and sale of flexible printed circuit in Japan, China, Thailand, rest of Asia, and internationally.

Delivery Consulting

Market Cap: JP¥1.8b

Provides technology solutions consulting services in Japan and internationally.

Altigen Communications

Market Cap: US$11.6m

Designs, develops, markets, and supports integrated communications solutions worldwide.

Leader Electronics

Market Cap: JP¥1.8b

Engages in the research and development, manufacturing, and sale of electronic measuring instruments in Japan.