Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.9b

A publicly owned investment manager.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

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

Amir Marketing and Investments in Agriculture

Market Cap: ₪462.5m

Through its subsidiaries supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪589.3m

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

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺6.4b

Operates as an asset management company in Turkey.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

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.

Sopharma AD

Market Cap: €991.8m

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Bilici Yatirim Sanayi ve Ticaret

Market Cap: ₺4.6b

Engages in the textiles, tourism, and energy businesses in Turkey.

Dekpol

Market Cap: zł725.9m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Payton Industries

Market Cap: ₪584.1m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Acsion

Market Cap: R3.8b

Engages in property holding and development activities in South Africa and internationally.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.8b

Operates in the tourism, construction, and energy sectors in Turkey.

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.

Capricorn Group

Market Cap: R13.3b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

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

Ruentex Interior Design

Market Cap: NT$3.4b

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

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Transnational Corporation of Nigeria

Market Cap: ₦492.9b

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

Empresas Lipigas

Market Cap: CL$921.9b

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

Arendals Fossekompani

Market Cap: NOK 8.2b

An industrial investment company, provides cyber secure satellite and mobile communications in Norway, Europe, Asia, and North America.

Nigerian Aviation Handling

Market Cap: ₦265.9b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.9b

Marmaris Altinyunus Turistik Tesisler A.S.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

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

Morris State Bancshares

Market Cap: US$287.2m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Terminal X Online

Market Cap: ₪947.9m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Dn Agrar Group

Market Cap: RON 525.0m

Engages in the production of cow milk.

Quest Holdings

Market Cap: €735.1m

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

Mendelson Infrastructures & Industries

Market Cap: ₪580.4m

Engages in the supply of conduction and flow products in Israel.

Evergent Investments

Market Cap: RON 2.7b

A publicly owned investment manager.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺20.2b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Alantra Partners

Market Cap: €340.9m

Engages in the investment banking and asset management services in Spain and internationally.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.