In October 2026, global markets are navigating a complex landscape characterized by mixed performances across major indices, with the Nasdaq Composite and S&P MidCap 400 showing gains while others like the Dow Jones Industrial Average and S&P 500 have declined. Economic indicators such as slower job growth and persistent inflation are influencing market sentiment, particularly impacting small-cap stocks represented by the Russell 2000 Index. In this environment, identifying promising small-cap opportunities often involves looking for companies with strong fundamentals that may not yet be fully recognized by the broader market, especially those demonstrating resilience amid economic fluctuations.

Top 10 Undervalued Small Caps With Insider Buying Globally

Name	PE	PS	Discount to Fair Value	Value Rating
Q Technology (Group)	3.5x	0.2x	43.93%	★★★★★☆
China Aircraft Leasing Group Holdings	7.0x	0.9x	38.54%	★★★★★☆
Transcontinental	2.4x	0.2x	-97.24%	★★★★☆☆
Diversified Royalty	25.6x	10.1x	45.52%	★★★★☆☆
Franchise Brands	27.0x	2.0x	47.82%	★★★★☆☆
Coveo Solutions	NA	1.9x	1.82%	★★★★☆☆
Sagicor Financial	6.4x	0.5x	-66.55%	★★★★☆☆
Centurion	16.7x	3.2x	17.22%	★★★☆☆☆
Citicore Energy REIT	13.3x	10.1x	26.45%	★★★☆☆☆
Travis Perkins	NA	0.3x	-207.80%	★★★☆☆☆

Click here to see the full list of 122 stocks from our Undervalued Global Small Caps With Insider Buying screener.

Let's dive into some prime choices out of from the screener.

Arena REIT (ASX:ARF)

Simply Wall St Value Rating: ★★★★★☆

Overview: Arena REIT is a real estate investment trust that focuses on investing in social infrastructure properties, with a market capitalization of A$1.73 billion.

Operations: The company generates revenue primarily through investments in real estate, with a recent figure of A$117.26 million. Its cost structure includes a cost of goods sold (COGS) amounting to A$10.76 million and operating expenses at A$0.97 million for the latest period. The gross profit margin has shown an interesting trend, standing at 90.82% as of the most recent data point, indicating efficient management of direct costs relative to revenue generation over time.

PE: 7.3x

Arena REIT, a smaller player in the real estate sector, has captured attention with its recent financial performance. Despite an expected earnings decline of 4.9% annually over the next three years, it reported a significant increase in net income to A$131.81 million for the year ending June 2026. Insider confidence is evident with Matthew Nacard purchasing 40,000 shares worth approximately A$91,972 in September 2026. Recent amendments to its trust constitutions ensure continued favorable tax treatment under the AMIT regime.

• Click here to discover the nuances of Arena REIT with our detailed analytical valuation report.

• Evaluate Arena REIT's historical performance by accessing our past performance report.

Charter Hall Social Infrastructure REIT (ASX:CQE)

Simply Wall St Value Rating: ★★★★★☆

Overview: Charter Hall Social Infrastructure REIT focuses on investing in social infrastructure properties, with a market cap of A$1.57 billion.

Operations: The company generates revenue primarily through investments in social infrastructure properties, with a recent quarterly revenue of A$122.9 million. Its cost structure includes costs of goods sold (COGS) and operating expenses, with COGS reaching A$32.9 million in the latest period. The gross profit margin has shown variability, recently recorded at 73.23%.

PE: 9.3x

Charter Hall Social Infrastructure REIT, a smaller player in the market, has shown insider confidence with recent share purchases. Despite its earnings forecast to decline by 0.9% annually over the next three years, revenue is expected to grow at 6.02% per year. The company reported A$90.5 million in net income for FY26, up from A$71 million previously, indicating solid operational performance amidst higher risk funding through external borrowing only. Recent dividend increases and guidance suggest potential stability ahead despite some financial challenges.

• Take a closer look at Charter Hall Social Infrastructure REIT's potential here in our valuation report.

• Gain insights into Charter Hall Social Infrastructure REIT's historical performance by reviewing our past performance report.

Neo Performance Materials (TSX:NEO)

Simply Wall St Value Rating: ★★★☆☆☆

Overview: Neo Performance Materials focuses on producing advanced industrial materials, including magnetic powders, rare metals, and specialty chemicals, with a market cap of approximately C$0.5 billion.

Operations: Neo Performance Materials generates revenue through its segments: Magnequench, Rare Metals, and Chemicals & Oxides. The company's gross profit margin has shown variability, with a recent increase to 33.61% as of June 2026. Operating expenses have consistently impacted net income, influenced by non-operating expenses and research and development costs.

PE: 637.5x

Neo Performance Materials, a company in the rare earth magnet sector, is capturing attention with its strategic moves and financial performance. Their recent partnership with Carester SAS aims to secure critical rare earth supplies for their European operations, enhancing production capabilities. Despite having higher-risk funding due to reliance on external borrowing, Neo's earnings are projected to grow 53% annually. The company reported significant sales growth in Q2 2026, reaching US$205.75 million from US$114.7 million the previous year, reflecting strong operational progress and potential for future expansion within diverse industries like automotive and clean energy applications.

• Navigate through the intricacies of Neo Performance Materials with our comprehensive valuation report here.

• Review our historical performance report to gain insights into Neo Performance Materials''s past performance.

Next Steps

• Unlock our comprehensive list of 122 Undervalued Global Small Caps With Insider Buying by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Ready For A Different Approach?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.