Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

M+S Hydraulic AD

Market Cap: €207.0m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Onix Solar Energy

Market Cap: ₹14.5b

Engages in the trading of non-ferrous metals in India.

Padma Oil

Market Cap: ৳17.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Hafary Holdings

Market Cap: S$202.4m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

MOBI Industry

Market Cap: ر.س557.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك38.8m

Engages in managing real estate projects in Kuwait.

Nofoth Food Products

Market Cap: ر.س824.1m

Produces and sells bakery products in Saudi Arabia.

Cairo Amman Bank

Market Cap: د.أ272.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.6m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.2m

Engages in insurance and reinsurance operations in Kuwait.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س637.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Kuwait Insurance CompanyK.P

Market Cap: د.ك111.8m

Provides various insurance products and services in Kuwait.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Marusan Securities

Market Cap: JP¥69.2b

Engages in the financial products trading business in Japan.

Muto Seiko

Market Cap: JP¥16.1b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

Nanfang Ventilator

Market Cap: CN¥7.0b

Engages in the research and development, production and sale of ventilation and air handling systems in China.

Envirotainer

Market Cap: €406.9m

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

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺5.0b

Operates as an asset management company in Turkey.

Liburnia Riviera Hoteli d.d

Market Cap: €149.5m

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

New Asia Construction & Development

Market Cap: NT$3.3b

Provides public construction services for governments in Taiwan.

Jiangsu Gian Technology

Market Cap: CN¥7.9b

Manufactures and sells metal injection molding products in China and internationally.

Pacific Metals

Market Cap: JP¥54.4b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Standard Bank

Market Cap: MK 996.0b

Provides banking and other related services in Malawi.

Xinjiang Torch Gas

Market Cap: CN¥3.5b

Operates as a gas service company in China.

Cyber Security Cloud

Market Cap: JP¥17.0b

Provides web application security services worldwide.

Zhejiang Chinastars New Materials Group

Market Cap: CN¥4.9b

Zhejiang Chinastars New Materials Group Co., Ltd.

Piccadily Agro Industries

Market Cap: ₹53.6b

Manufactures and develops alcoholic beverages in India.

Korea Ratings

Market Cap: ₩451.4b

Provides credit rating and business valuation services in South Korea.

Orient Pharma

Market Cap: NT$6.0b

Engages in the development of new drugs in Taiwan and internationally.

Cresco

Market Cap: JP¥60.0b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Malam - Team

Market Cap: ₪2.4b

Provides information technology services in Israel.

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.

Te Chang Construction

Market Cap: NT$7.4b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Lungyen Life Service

Market Cap: NT$21.5b

Provides funeral facilities and services in Taiwan.

Mark Dynamics Indonesia

Market Cap: Rp2.9t

Manufactures and sells hand former products in Indonesia and internationally.