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.

Master Drilling Group

Market Cap: R2.6b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Cyprus Cement

Market Cap: €186.5m

Engages in the production and sale of cement and related businesses in Cyprus.

Purple Group

Market Cap: R3.1b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

ABG Sundal Collier Holding

Market Cap: NOK 4.2b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Nigerian Aviation Handling

Market Cap: ₦348.5b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

New Mauritius Hotels

Market Cap: MU₨7.7b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.6b

Operates in the tourism sector.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

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.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.9b

A publicly owned investment manager.

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺6.7b

Produces and sells food products in Turkey.

AIICO Insurance

Market Cap: ₦153.7b

Provides risk underwriting and related financial services in Nigeria.

Quest Holdings

Market Cap: €723.4m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Medinice

Market Cap: zł383.5m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Bijou Brigitte modische Accessoires

Market Cap: €341.7m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Dekpol

Market Cap: zł719.2m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺19.2b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €97.2m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

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.

Empresas Lipigas

Market Cap: CL$939.3b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺39.0b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

First Investment Bank AD

Market Cap: €508.4m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

MCH Group

Market Cap: CHF 136.6m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Banco di Desio e della Brianza

Market Cap: €1.2b

Provides banking products and services to individuals and enterprises in Italy.

AB Akola Group

Market Cap: €298.2m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Payton Industries

Market Cap: ₪551.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Terminal X Online

Market Cap: ₪864.4m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Wema Bank

Market Cap: ₦1.1t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

Affinity Bancshares

Market Cap: US$126.3m

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

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.

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.

Seneca Foods

Market Cap: US$849.6m

Provides packaged fruits and vegetables in the United States and internationally.

Sound Financial Bancorp

Market Cap: US$111.4m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.