| 1 | Century Iron and Steel Industrial Co.,Ltd. (9958.TW) | 9/10 | 5.1x |
| 2 | Nam Lee Pressed Metal Industries Limited (G0I.SI) | 8/10 | 4.9x |
| 3 | Frontier Springs Limited (FRONTSP.NS) | 8/10 | 90.5x |
| 4 | DEE Development Engineers Limited (DEEDEV.NS) | 8/10 | n.d. |
| 5 | Carpenter Technology Corp (CRS) | 8/10 | 42.2x |
| 6 | ATI Inc (ATI) | 8/10 | 42.9x |
| 7 | Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. (688379.SS) | 8/10 | n.d. |
| 8 | Technoflex Corporation (3449.T) | 8/10 | 19.9x |
| 9 | Dalian Demaishi Precision Technology Co., Ltd. (301007.SZ) | 8/10 | 61.5x |
| 10 | Xiangyang BOYA Precision Industrial Equipments Co., Ltd (300971.SZ) | 8/10 | 16.9x |
| 11 | JiangSu JiuWu Hi-Tech Co., Ltd. (300631.SZ) | 8/10 | 12.7x |
| 12 | INDO-MIM Limited (INDOMIM.NS) | 7/9 | 870.5x |
| 13 | Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi (TCKRC.IS) | 7/10 | n.d. |
| 14 | Proto Labs Inc (PRLB) | 7/10 | 51.1x |
| 15 | Polynet Public Company Limited (POLY.BK) | 7/10 | 13.6x |
| 16 | Aurubis AG (NDA.DE) | 7/10 | n.d. |
| 17 | Gravita India Limited (GRAVITA.NS) | 7/10 | n.d. |
| 18 | Gandhi Special Tubes Limited (GANDHITUBE.NS) | 7/10 | 20.6x |
| 19 | John Cockerill India Limited (COCKERILL.NS) | 7/10 | 26.5x |
| 20 | Balu Forge Industries Limited (BALUFORGE.NS) | 7/10 | n.d. |
| 21 | Grolleau Société Anonyme (ALGRO.PA) | 7/10 | 4.2x |
| 22 | Suzhou Mingzhi Technology Co., Ltd. (688355.SS) | 7/10 | 9.7x |
| 23 | Jiangyin Hengrun Heavy Industries Co., Ltd (603985.SS) | 7/10 | n.d. |
| 24 | SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD (601399.SS) | 7/10 | 15513.9x |
| 25 | Suzhou Xianglou New Material Co., Ltd. (301160.SZ) | 7/10 | n.d. |
| 26 | Shanghai Hajime Advanced Material Technology Co., Ltd. (301000.SZ) | 7/10 | n.d. |
| 27 | Changchun Zhiyuan New Energy Equipment Co., Ltd (300985.SZ) | 7/10 | n.d. |
| 28 | Dongguan Tarry Electronics Co.,Ltd (300976.SZ) | 7/10 | 233.9x |
| 29 | Luoyang Xinqianglian Slewing Bearing Co., Ltd. (300850.SZ) | 7/10 | n.d. |
| 30 | Jiangsu Gian Technology Co., Ltd. (300709.SZ) | 7/10 | 41.6x |
| 31 | Ningbo Henghe Precision Industry Co.,Ltd. (300539.SZ) | 7/10 | n.d. |
| 32 | Shenke Slide Bearing Corporation (002633.SZ) | 7/10 | 574.6x |
| 33 | Winstech Precision Holding Co., LTD. (001319.SZ) | 7/10 | 22.4x |
| 34 | Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret A.S. (TUCLK.IS) | 6/10 | n.d. |
| 35 | TechPrecision Corp (TPCS) | 6/10 | n.d. |
| 36 | Tembo Global Industries Limited (TEMBO.NS) | 6/10 | n.d. |
| 37 | STP&I Public Company Limited (STPI.BK) | 6/10 | 9.8x |
| 38 | Shivalik Bimetal Controls Limited (SBCL.NS) | 6/10 | 325.3x |
| 39 | PTC Industries Limited (PTCIL.NS) | 6/10 | n.d. |
| 40 | Nelcast Limited (NELCAST.NS) | 6/10 | 12.8x |
| 41 | Mueller Industries Inc (MLI) | 6/10 | 20.8x |
| 42 | Manaksia Coated Metals & Industries Limited (MANAKCOAT.NS) | 6/10 | n.d. |
| 43 | Kirloskar Ferrous Industries Limited (KIRLFER.NS) | 6/10 | 15.6x |
| 44 | JL Mag Rare-Earth Co., Ltd. (JLMAG80.BK) | 6/10 | n.d. |
| 45 | Happy Forgings Limited (HAPPYFORGE.NS) | 6/10 | n.d. |
| 46 | ADF Group Inc. (DRX.TO) | 6/10 | 10.2x |
| 47 | Demisas Döküm Emaye Mamülleri Sanayi Anonim Sirketi (DMSAS.IS) | 6/10 | 6.1x |
| 48 | Alicon Castalloy Limited (ALICON.NS) | 6/10 | 12.3x |
| 49 | Aeroflex Industries Limited (AEROFLEX.NS) | 6/10 | n.d. |
| 50 | Taqat Mineral Trading Company (9599.SR) | 6/10 | 4.9x |
| 51 | Hakudo Co., Ltd. (7637.T) | 6/10 | 11.1x |
| 52 | JL Mag Rare-Earth Co., Ltd. (6680.HK) | 6/10 | n.d. |
| 53 | Shanxi Huaxiang Group Co., Ltd. (603112.SS) | 6/10 | n.d. |
| 54 | Chongqing Fenghwa Group Co., Ltd. (600615.SS) | 6/10 | 23.2x |
| 55 | Nasu Denki-Tekko Co., Ltd. (5922.T) | 6/10 | 10.1x |
| 56 | Ryobi Limited (5851.T) | 6/10 | n.d. |
| 57 | CK SAN-ETSU Co., Ltd. (5757.T) | 6/10 | n.d. |
| 58 | Metalart Corporation (5644.T) | 6/10 | 11.0x |
| 59 | KFM Kingdom Holdings Limited (3816.HK) | 6/10 | n.d. |
| 60 | Shinwa Co., Ltd. (3447.T) | 6/10 | 11.1x |