Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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.

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

Market Cap: Mex$31.4b

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

AzureWave Technologies

Market Cap: NT$8.7b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Bahrain National Holding Company B.S.C

Market Cap: ب.د59.0m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

3B Blackbio Dx

Market Cap: ₹10.2b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Guangdong Sanhe Pile

Market Cap: CN¥4.5b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

Konishi

Market Cap: JP¥85.5b

Manufactures and sells synthetic adhesives in Japan.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Mulpha International Bhd

Market Cap: RM 887.9m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥7.4b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.3b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

Zhejiang Wanfeng ChemicalLtd

Market Cap: CN¥3.0b

Engages in the research, development, production, and sale of disperse dyes and filter cakes in China and internationally.

Asian Granito India

Market Cap: ₹18.2b

Engages in the manufacture and trade of tiles, marbles, and related products in India.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥4.1b

TianJin JinRong TianYu Precision Machinery Inc.

Techno Ryowa

Market Cap: JP¥135.9b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

CMC

Market Cap: JP¥24.3b

Provides manual creation, business process management, training, translation, and interpretation services in Japan and internationally.

PC Jeweller

Market Cap: ₹68.2b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Lelon Electronics

Market Cap: NT$18.0b

Develops, manufactures, markets, trades in, and sells electrolytic capacitors internationally.

Shanghai Skychem Technology

Market Cap: CN¥10.3b

Engages in research and development, production, and sales of functional wet electronic chemicals.

Saha-Union

Market Cap: ฿8.5b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

YFY

Market Cap: NT$39.7b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Transnational

Market Cap: ₦492.9b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Ebara JitsugyoLtd

Market Cap: JP¥61.8b

Manufactures and sells environmentally related products in Japan.

Soliton Systems K.K

Market Cap: JP¥34.2b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

Hindustan Construction

Market Cap: ₹40.2b

Provides engineering and construction services in India and internationally.

Cantabil Retail India

Market Cap: ₹21.0b

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

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.0b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Maezawa Kasei Industries

Market Cap: JP¥33.4b

Produces and sells water and sewerage related products, and environmental equipment.

Kyungbangco.Ltd

Market Cap: ₩233.5b

Engages in textile spinning and real estate development businesses in South Korea.

Sichuan Haite High-techLtd

Market Cap: CN¥8.3b

Provides aircraft airborne equipment maintenance services in China.