Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Morris State Bancshares

Market Cap: US$268.1m

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

Southern Michigan Bancorp

Market Cap: US$113.3m

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.

Park Medi World

Market Cap: ₹67.1b

Operates a network of hospitals.

Nestlé Pakistan

Market Cap: PK₨362.6b

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

PC Jeweller

Market Cap: ₹77.0b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

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.

Kuwait Insurance CompanyK.P

Market Cap: د.ك117.9m

Provides various insurance products and services in Kuwait.

YuanShengTai Dairy Farm

Market Cap: HK$1.4b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Wison Engineering Services

Market Cap: HK$1.6b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Jadranski naftovod d.d

Market Cap: €826.3m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

Fortune Mate Indonesia

Market Cap: Rp1.9t

Provides real estate development and construction services in Indonesia.

BLS E-Services

Market Cap: ₹15.9b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Daphne International Holdings

Market Cap: HK$811.2m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Tai Sin Electric

Market Cap: S$262.3m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Sun

Market Cap: MU₨7.8b

Operates in the tourism sector.

Dwi Guna Laksana

Market Cap: Rp3.0t

Engages in the coal mining and trading activities in Indonesia.

Cahaya Aero Services

Market Cap: Rp4.8t

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

Hind Rectifiers

Market Cap: ₹23.3b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

PBA Holdings Bhd

Market Cap: RM 648.7m

An investment holding company, operates as a water supplier in Malaysia.

Mamata Machinery

Market Cap: ₹9.8b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Krishana Phoschem

Market Cap: ₹29.8b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Jamuna Bank

Market Cap: ৳21.1b

Provides various banking products and services in Bangladesh.

Thai Steel Cable

Market Cap: ฿4.1b

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

First Investment Company K.S.C.P

Market Cap: د.ك52.6m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Bank MNC Internasional

Market Cap: Rp2.9t

Provides various banking products and services in Indonesia.

DAM Capital Advisors

Market Cap: ₹14.4b

Provides investment banking services.

Central Finance

Market Cap: LK₨65.2b

Provides various financial solutions primarily in Sri Lanka.

Hayleys

Market Cap: LK₨159.0b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Jagsonpal Pharmaceuticals

Market Cap: ₹11.7b

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

Padma Oil

Market Cap: ৳16.6b

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

Cita Mineral Investindo

Market Cap: Rp19.6t

Engages in bauxite mining activities in Indonesia.

Digital Mediatama Maxima

Market Cap: Rp2.5t

Operates an integrated marketing platform in Indonesia.