Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Intellego Technologies

Market Cap: SEK 1.6b

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

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.

FRoSTA

Market Cap: €662.2m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

ASA Gold and Precious Metals

Market Cap: US$1.3b

A publicly owned investment manager.

A3 Mercados

Market Cap: AR$741.7b

Operates as a market for negotiable securities in Argentina and internationally.

Envirotainer

Market Cap: €401.0m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

ANSA Merchant Bank

Market Cap: TT$2.1b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Central Forest Group

Market Cap: JP¥22.3b

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

Freetrailer Group

Market Cap: €768.2m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Pure Cycle

Market Cap: US$269.6m

Provides water and wastewater services in the United States.

Soma Gold

Market Cap: CA$250.1m

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

Grendene

Market Cap: R$4.3b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Itafos

Market Cap: CA$614.5m

Operates as a phosphate and specialty fertilizer company.

Sparta

Market Cap: €126.9m

A publicly owned investment manager.

Seneca Foods

Market Cap: US$852.0m

Provides packaged fruits and vegetables in the United States and internationally.

Bank of Africa Mali

Market Cap: XOF 119.3b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

First Investment Bank AD

Market Cap: €520.3m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Suzhou Sepax Technologies

Market Cap: CN¥8.4b

A high-tech company, engages on the research, development, production, and sale of liquid chromatography materials and technologies worldwide.

Timex Group India

Market Cap: ₹30.9b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Center International GroupLtd

Market Cap: CN¥7.9b

Provides building metal enclosure systems solutions in China.

JiangXi BaiSheng Intelligent Technology

Market Cap: CN¥3.5b

JiangXi BaiSheng Intelligent Technology Co., Ltd.

China Post Technology

Market Cap: CN¥8.3b

Engages in the research and development, design, production, sale, and related servicing of intelligent logistics systems in China.

Epsilon Energy

Market Cap: US$147.1m

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.

Digital Mediatama Maxima

Market Cap: Rp2.2t

Operates an integrated marketing platform in Indonesia.

Fortune Mate Indonesia

Market Cap: Rp1.7t

Provides real estate development and construction services in Indonesia.

Franklin Financial Services

Market Cap: US$217.5m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

NameSilo Technologies

Market Cap: US$125.5m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

AMCIL

Market Cap: AU$304.7m

Amcil Limited is a publicly owned investment manager.

Powertip Image

Market Cap: NT$4.1b

Manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally.

Colorado

Market Cap: د.م1.5b

Manufactures and distributes various paints in Morocco and internationally.

Empresas Lipigas

Market Cap: CL$943.0b

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

Transnational Corporation of Nigeria

Market Cap: ₦518.3b

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

Insolation Energy

Market Cap: ₹27.0b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Zhe Jiang Dayang Biotech Group

Market Cap: CN¥2.7b

Operates as a chemical raw material manufacturing company in China and internationally.