Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Security Federal

Market Cap: US$113.2m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

First Northern Community Bancorp

Market Cap: US$232.2m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Southern Michigan Bancorp

Market Cap: US$118.8m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

New Peoples Bankshares

Market Cap: US$101.3m

Operates as a financial holding company for New Peoples Bank, Inc.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Oxford Bank

Market Cap: US$105.2m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Tri-County Financial Group

Market Cap: US$123.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

AGI Infra

Market Cap: ₹37.1b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك176.0m

Engages in insurance and reinsurance operations in Kuwait.

Nusantara Pelabuhan Handal

Market Cap: Rp2.4t

Manages and operates container terminals in Indonesia and internationally.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.9m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Indo Tech Transformers

Market Cap: ₹13.2b

Manufactures and sells transformers in India and internationally.

VICOM

Market Cap: S$634.7m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Standard Chartered Bank Kenya

Market Cap: KSh127.4b

Provides various banking products and services for individuals and businesses.

Maharashtra Seamless

Market Cap: ₹75.3b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Hextar Global Berhad

Market Cap: RM 3.1b

An investment holding company, engages in manufacturing, trading, and distribution of a various agrochemicals and fertilisers in Malaysia.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Palasino Holdings

Market Cap: HK$1.7b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Piccadily Agro Industries

Market Cap: ₹53.2b

Manufactures and develops alcoholic beverages in India.

Hayleys

Market Cap: LK₨160.1b

Operates in the manufacturing, agriculture, and services sectors worldwide.

National Investments Company K.S.C.P

Market Cap: د.ك229.4m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Mark Dynamics Indonesia

Market Cap: Rp2.9t

Manufactures and sells hand former products in Indonesia and internationally.

Hafary Holdings

Market Cap: S$200.2m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

GTS Internasional

Market Cap: Rp3.0t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Banyan Tree Holdings

Market Cap: S$541.8m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Mamata Machinery

Market Cap: ₹9.3b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Krishana Phoschem

Market Cap: ₹29.3b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

TechNVision Ventures

Market Cap: ₹37.4b

Provides information technology products and services in India and internationally.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س657.3m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

JB Foods

Market Cap: S$242.6m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

Cantabil Retail India

Market Cap: ₹20.7b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.