Mexican Utilities Undervalued Tech

Nagoya Electric Works

Market Cap: JP¥14.2b

Manufactures and sells variable message signs (VMS) and other information provision systems in Japan.

Kudelski

Market Cap: CHF 73.3m

Provides digital access and security solutions for digital television and interactive applications in Switzerland, the United States, France, Germany, Netherlands, and internationally.

Strix Group

Market Cap: UK£65.3m

Designs, manufactures, and supplies kettle safety controls and other components worldwide.

TOPTEC

Market Cap: ₩121.0b

Engages in the secondary batteries, smart factories, and displays/semiconductors businesses in South Korea and internationally.

IX Knowledge

Market Cap: JP¥13.6b

Provides information technology services in Japan.

Serko

Market Cap: NZ$149.9m

Provides online travel booking and expense management services in New Zealand, Australia, the United States, Europe, and internationally.

Techno HorizonLtd

Market Cap: JP¥13.4b

Manufactures and sells products in Video and IT, and robotics categories in Japan, North America, China, Singapore, the Rest of Asia, and internationally.

UIL

Market Cap: ₩115.0b

Manufactures and sells electronic parts to smartphone manufacturers in South Korea and internationally.

TOVISLtd

Market Cap: ₩114.3b

Provides display solutions in South Korea and internationally.

GrandTech C.G. Systems

Market Cap: NT$2.6b

Provides marketing services for graphics, imaging, and multimedia design software in Taiwan.

CastleNet Technology

Market Cap: NT$2.6b

Engages in manufacturing of network communication products in Taiwan, Europe, South America, Japan, and Korea.

WINS Technet

Market Cap: ₩113.1b

Provides information security solutions and services in South Korea.

Loihde Oyj

Market Cap: €70.9m

Through its subsidiaries, provides digital development and security solutions in Finland and internationally.

Hyundai EzwelLtd

Market Cap: ₩112.8b

Operates as a welfare solution provider in South Korea.

Tamagawa Holdings

Market Cap: JP¥12.8b

Engages in the electronic and communication equipment business and renewable energy.

FatPipe

Market Cap: US$81.0m

Develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally.

HIMACS

Market Cap: JP¥12.7b

Provides defined valued processes for various system lifecycles in Japan.

B-Gaming

Market Cap: AR$121.6b

Develops technological solutions for capturing, communicating, validating, and processing large volumes of information.

TeleChoice International

Market Cap: S$102.1m

An investment holding company, provides various info-communications services and solutions for the consumer and enterprise markets in Singapore, Indonesia, Malaysia, Hong Kong, and internationally.

DASAN Networks

Market Cap: ₩110.4b

Provides networking solutions worldwide.

AimCore Technology

Market Cap: NT$2.5b

Produces and sells conductive glass products in Asia, Europe, and the Americas.

Ares International

Market Cap: NT$2.5b

Engages in the design, sale, lease, maintenance, and technology consultation of computer equipment, internet, and related software in Taiwan, Asia, and internationally.

CombinedX

Market Cap: SEK 773.3m

Operates as an IT consulting company in Sweden and internationally.

Taiwan Oasis Technology

Market Cap: NT$2.5b

Develops, produces, and sells light emitting diode (LED) and semiconductor components in Asia, Europe, America, Africa, and internationally.

Cyberlinks

Market Cap: JP¥12.3b

Provides various cloud services primarily in Japan.

XAC Automation

Market Cap: NT$2.4b

Engages in the research, development, production, manufacture, and sale of electronic fund transaction terminals and component Taiwan and internationally.

CENIT

Market Cap: €66.6m

Provides software solutions and integration services.

NAGA Group

Market Cap: €65.9m

Develops and offers fintech products and services in Latin America, the Middle East, North Africa, and Southeast Asia.

Chengdu SIWI Science and Technology

Market Cap: HK$584.0m

Engages in the manufacture and sale of telecommunications cables in the People's Republic of China.

Prevas

Market Cap: SEK 731.9m

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

PCI Holdings

Market Cap: JP¥11.7b

Engages in the information service business.

NAMU AX

Market Cap: ₩103.1b

Engages in the provision of consulting, construction, and maintenance services for IT infrastructure and cloud computing environment in high-tech, manufacturing, telecommunications, finance, public sector, and service industries.

Alithya Group

Market Cap: CA$103.5m

Provides information technology services and solutions in Canada, the United States, and internationally.

M.T.I Wireless Edge

Market Cap: UK£55.2m

Designs, develops, manufactures, and markets antennas for the military and civilian sectors in Israel, the United States, Europe, the Middle East, Africa, and the Asia Pacific.

EKINOPS

Market Cap: €63.4m

Provides network connectivity solutions worldwide.

Haivision Systems

Market Cap: CA$100.9m

Provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally.