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.

Capricorn Group

Market Cap: R13.3b

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

Southern Michigan Bancorp

Market Cap: US$119.0m

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.

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.

Franklin Financial Services

Market Cap: US$228.3m

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.

Cashmere Valley Bank

Market Cap: US$257.8m

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

Kingstone Companies

Market Cap: US$224.9m

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

Epsilon Energy

Market Cap: US$149.2m

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.

Union Bankshares

Market Cap: US$112.9m

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$121.8m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Sparta

Market Cap: €138.2m

A publicly owned investment manager.

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.

First Bancorp

Market Cap: US$323.1m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Freetrailer Group

Market Cap: €705.3m

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

Oakworth Capital

Market Cap: US$194.8m

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

Affinity Bancshares

Market Cap: US$124.2m

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

Soma Gold

Market Cap: CA$262.5m

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

ASA Gold and Precious Metals

Market Cap: US$1.4b

A publicly owned investment manager.

Pure Cycle

Market Cap: US$258.7m

Provides water and wastewater services in the United States.

Itafos

Market Cap: CA$620.3m

Operates as a phosphate and specialty fertilizer company.

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥10.6b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Liburnia Riviera Hoteli d.d

Market Cap: €152.8m

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

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

Oxford Bank

Market Cap: US$104.0m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Tri-County Financial Group

Market Cap: US$121.9m

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.

New Peoples Bankshares

Market Cap: US$100.4m

Operates as a financial holding company for New Peoples Bank, Inc.

ZHEJIANG DIBAY ELECTRICLtd

Market Cap: CN¥3.7b

Engages in the research and development, production, and sale of sealed motors for household, commercial, and vehicle compressors in China and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.7b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Hoang Huy Investment Financial Services

Market Cap: ₫15.1t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Banyan Tree Holdings

Market Cap: S$580.8m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Careerlink

Market Cap: JP¥32.9b

Provides human resource services in Japan.

Wuxi Chemical Equipment

Market Cap: CN¥6.4b

Engages in the design, development, manufacture, and marketing of metal pressure vessels in China.

Guangdong Tloong Technology GroupLtd

Market Cap: CN¥10.7b

Researches, develops, and sells various printing ink products in China and internationally.