Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

National Investments Company K.S.C.P

Market Cap: د.ك218.2m

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

National Cleaning Company K.P.S.C

Market Cap: د.ك32.6m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك37.7m

Engages in managing real estate projects in Kuwait.

First Investment Company K.S.C.P

Market Cap: د.ك49.9m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك347.8m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك43.8m

A private equity firm specializing in direct and fund investments.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

Bijou Brigitte modische Accessoires

Market Cap: €314.7m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Zito d.o.o

Market Cap: €509.7m

Engages in the food and agricultural businesses in Croatia, Hungary, Italy, Serbia, Slovakia, Kosovo, and internationally.

Medinice

Market Cap: zł422.1m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Alumil Aluminium Industry

Market Cap: €174.4m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

First Bancorp

Market Cap: US$305.8m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.6b

A publicly owned investment manager.

Wasko

Market Cap: zł654.7m

Designs, implements, and integrats software, information systems, and advanced industrial automation.

SALUS Ljubljana d. d

Market Cap: €595.9m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

AB Akola Group

Market Cap: €292.4m

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.

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Soma Gold

Market Cap: CA$190.7m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Quest Holdings

Market Cap: €650.3m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €98.8m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Master Drilling Group

Market Cap: R2.5b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.4b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Epsilon Energy

Market Cap: US$180.3m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

GB Holdings

Market Cap: US$55.2m

Produces rubber and chemical products in Zimbabwe.

Odlewnie Polskie

Market Cap: zł406.2m

Produces and sells castings in Germany, the Czech Republic, the Netherlands, the United States, Sweden, Hungary, Great Britain, Austria, Slovakia, Denmark, Turkey, Spain, Italy, Switzerland, France, and Serbia.

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

C. Mer Industries

Market Cap: ₪561.0m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Amir Marketing and Investments in Agriculture

Market Cap: ₪466.5m

Through its subsidiaries supplies and markets agricultural inputs in Israel.

Dn Agrar Group

Market Cap: RON 553.6m

Engages in the production of cow milk.

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

ASA Gold and Precious Metals

Market Cap: US$1.1b

A publicly owned investment manager.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

YagiLtd

Market Cap: JP¥35.1b

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

House of Investments

Market Cap: ₱6.8b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Soliton Systems K.K

Market Cap: JP¥33.4b

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