Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Morris State Bancshares

Market Cap: US$219.4m

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

SALUS Ljubljana d. d

Market Cap: €252.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Soft-World International

Market Cap: NT$17.8b

Develops, operates, and distributes games in Taiwan and China.

Cardig Aero Services

Market Cap: Rp4.1t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ135.2m

Invests in, operates, and manages duty-free shops.

Shangri-La Hotel

Market Cap: ฿6.0b

Operates hotels in Bangkok and Chiang Mai provinces.

Shri Jagdamba Polymers

Market Cap: ₹8.8b

Engages in the manufacture and sale of technical textile products in India.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp17.4t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Standard Chartered Bank Kenya

Market Cap: KSh101.5b

Provides various banking products and services for individuals and businesses.

Britam Holdings

Market Cap: KSh16.2b

An investment holding company, provides financial solutions in Kenya, Uganda, South Sudan, Rwanda, Tanzania, Malawi, and Mozambique.

Waja

Market Cap: ر.س513.8m

Engages in the construction, media and communication, and information technology businesses.

Kalyani Investment

Market Cap: ₹18.2b

A non-deposit taking core investment company, engages in making investments in group companies in India.

AB Vilkyskiu pienine

Market Cap: €133.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Jagsonpal Pharmaceuticals

Market Cap: ₹14.0b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Thai Steel Cable

Market Cap: ฿3.5b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Saha-Union

Market Cap: ฿8.4b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Knowledge Marine & Engineering Works

Market Cap: ₹14.9b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Yuken India

Market Cap: ₹10.2b

Engages in the manufacture and sale of oil hydraulic equipment primarily in India.

Rir Power Electronics

Market Cap: ₹14.2b

Engages in the manufacture and sale of power semiconductor devices and high-power equipment in India.

Mitake Information

Market Cap: NT$3.3b

Provides mobile financial information trading platform in Taiwan.

TCPL Packaging

Market Cap: ₹32.6b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Network People Services Technologies

Market Cap: ₹38.5b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Baazeem Trading

Market Cap: ر.س608.5m

Operates as a FMCG distribution company.

Nestlé Pakistan

Market Cap: PK₨317.4b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Sure Global Tech

Market Cap: ر.س616.0m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك169.3m

Engages in insurance and reinsurance operations in Kuwait.

Bakrie & Brothers

Market Cap: Rp5.5t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Force Motors

Market Cap: ₹127.9b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

Krishana Phoschem

Market Cap: ₹20.9b

Engages in the manufacture and sale of fertilizers and chemicals in India.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Pakistan National Shipping

Market Cap: PK₨44.5b

Engages in the shipping business worldwide.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.