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.

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.

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.

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.

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.

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.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Union Bankshares

Market Cap: US$113.8m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Winchester Bancorp

Market Cap: US$111.2m

Focuses on operating as the bank holding company for Winchester Savings Bank, which provides banking products and services in Massachusetts.

Pure Cycle

Market Cap: US$268.6m

Provides water and wastewater services in the United States.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Kingstone Companies

Market Cap: US$227.1m

Through its subsidiary, Kingstone Insurance Company ("KICO"), provides property and casualty insurance products in the United States.

Soma Gold

Market Cap: CA$231.3m

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

Affinity Bancshares

Market Cap: US$124.8m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.