Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Oakworth Capital

Market Cap: US$195.1m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Chilanga Cement

Market Cap: K16.6b

Engages in the manufacture and sale of cement products in Zambia.

Bank of Africa Mali

Market Cap: XOF 116.7b

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

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥10.6b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.2b

Produces and sells fertilizers.

Canal Shipping Agencies

Market Cap: ج.م10.1b

Provides various shipping services to the international commercial fleet in Egypt.

TSTE

Market Cap: ฿4.1b

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

Freetrailer Group

Market Cap: €800.6m

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

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م25.4b

Engages in the establishment and management of technology zones, scientific incubators, and training centers for the preparation of researchers, transfer technology, and related services in Egypt.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.8b

Provides various banking products and services in Egypt.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

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.

Intellego Technologies

Market Cap: SEK 1.6b

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

Capricorn Group

Market Cap: R13.3b

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

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

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.

Itafos

Market Cap: CA$575.8m

Operates as a phosphate and specialty fertilizer company.

FRoSTA

Market Cap: €664.9m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 475.0b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Cashmere Valley Bank

Market Cap: US$255.6m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Grendene

Market Cap: R$4.4b

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

Sound Financial Bancorp

Market Cap: US$112.6m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

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.

Tchaikapharma High Quality Medicines AD

Market Cap: €901.5m

Develops, manufactures, and sells medicines in Bulgaria.

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.

Procimmo Group

Market Cap: CHF 373.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Franklin Financial Services

Market Cap: US$212.8m

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.

Tri-County Financial Group

Market Cap: US$120.5m

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.

A3 Mercados

Market Cap: AR$818.9b

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

Southern Michigan Bancorp

Market Cap: US$117.5m

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.

Seneca Foods

Market Cap: US$809.3m

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

Central Forest Group

Market Cap: JP¥22.2b

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

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

Sopharma AD

Market Cap: €991.8m

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