Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Morris State Bancshares

Market Cap: US$266.1m

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

Darwin

Market Cap: €99.6m

Operates in the healthcare industry.

Central Forest Group

Market Cap: JP¥22.8b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Security Federal

Market Cap: US$103.8m

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

Capricorn Group

Market Cap: R13.2b

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

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

Productive Business Solutions

Market Cap: US$216.4m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

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

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Tri-County Financial Group

Market Cap: US$116.6m

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.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Nexa Resources AtacochaA

Market Cap: S/423.2m

Operates as a mining company worldwide.

Intellego Technologies

Market Cap: SEK 1.6b

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

Yashima Denki

Market Cap: JP¥62.6b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥4.6b

Engages in the production and operation of methanol products in China.

Hoang Huy Investment Financial Services

Market Cap: ₫14.5t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Ha Giang Mineral Mechanics

Market Cap: ₫3.0t

Explores, extracts, and process mineral ores, rare ores, metals, and non-ferrous metal ores in Vietnam and internationally.

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Southeast Asia Commercial Bank

Market Cap: ₫49.4t

Provides retail and corporate banking products and services in Vietnam.

FALCO HOLDINGS

Market Cap: JP¥27.3b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Digital Mediatama Maxima

Market Cap: Rp2.6t

Operates an integrated marketing platform.

Vietnam National Reinsurance

Market Cap: ₫4.2t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Hollyland (China) Electronics Technology

Market Cap: CN¥3.3b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.

Kung Sing Engineering

Market Cap: NT$11.9b

Engages in the construction business in Taiwan.

Natural Food International Holding

Market Cap: HK$2.4b

An investment holding company, manufactures and sells natural health food products in China.

Tech Semiconductors

Market Cap: CN¥8.8b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

HG Metal Manufacturing

Market Cap: S$134.6m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Vidhi Specialty Food Ingredients

Market Cap: ₹16.7b

Engages in manufacture and trading of synthetic food colors.

Shenke Slide Bearing

Market Cap: CN¥2.4b

Researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People’s Republic of China and internationally.

Cita Mineral Investindo

Market Cap: Rp18.8t

Engages in bauxite mining activities in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp3.3t

Manages and operates container terminals in Indonesia and internationally.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.