Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

KG Chemical

Market Cap: ₩360.1b

Manufactures and supplies fertilizers and concrete compound ingredients products in South Korea and internationally.

ISE Chemicals

Market Cap: JP¥239.0b

Engages in the iodine and natural gas, and mettalic compound businesses in Japan.

Bank Ganesha

Market Cap: Rp2.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Toho Bank

Market Cap: JP¥135.2b

Provides various banking products and services in Japan.

YagiLtd

Market Cap: JP¥29.2b

Together its subsidiaries, operates as a fiber trading company in Japan.

Torigoe

Market Cap: JP¥24.7b

Manufactures and sells flours and related products in Japan.

AlpenLtd

Market Cap: JP¥88.7b

Engages in the development and sale of sporting products in Japan.

FUNDINNOInc

Market Cap: JP¥28.0b

Engages in financial instruments trading operation business.

Tokyo Tekko

Market Cap: JP¥52.1b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Envirotainer

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Cresco

Market Cap: JP¥70.5b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Kappa Create

Market Cap: JP¥76.2b

Engages in the management of restaurants in Japan.

Nice

Market Cap: JP¥23.1b

Distributes building materials and housing equipment in Japan.

Kaneko Seeds

Market Cap: JP¥18.1b

Kaneko Seeds Co., Ltd., together with its subsidiaries, production and sale agricultural seeds in Japan.

Woori Technology Investment

Market Cap: ₩573.1b

A venture capital firm specializing in venture fund, mezzanine fund project fund, venture capital and small & medium companies investments.

CYMECHS

Market Cap: ₩159.5b

A tool automation company, engages in the provision of core system components for semiconductor manufacturing in South Korea.

Ogaki Kyoritsu Bank

Market Cap: JP¥195.3b

A regional financial institution, provides various financial products and services in Japan and internationally.

Korea Ratings

Market Cap: ₩443.0b

Provides credit rating and business valuation services in South Korea.

ITCENGLOBAL

Market Cap: ₩703.1b

Provides consulting, ICT, and outsourcing services and solutions in South Korea.

SELVAS Healthcare

Market Cap: ₩149.4b

Operates as a medical device company in South Korea.

Transcorp Power

Market Cap: ₦2.3t

Engages in the generation and sale of electric power in Nigeria and internationally.

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

Empresas Lipigas

Market Cap: CL$946.5b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م33.2b

Produces and sells fertilizers.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Standard Bank

Market Cap: MK 998.4b

Provides banking and other related services in Malawi.

VNV Global

Market Cap: SEK 2.8b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Chilanga Cement

Market Cap: K15.0b

Engages in the manufacture and sale of cement products in Zambia.

AB Akola Group

Market Cap: €306.5m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Telekom Networks Malawi

Market Cap: MK 362.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

Bank of Africa Mali

Market Cap: XOF 114.2b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Mangold Fondkommission

Market Cap: SEK 927.6m

Provides financial services to companies, institutions, and private individuals in Sweden.