Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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.

Innotech

Market Cap: JP¥34.1b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥10.6b

ShenZhen QiangRui Precision Technology Co., Ltd.

Champion Building MaterialsLtd

Market Cap: NT$3.4b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

New Peoples Bankshares

Market Cap: US$101.2m

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

Evergent Investments

Market Cap: RON 2.5b

A publicly owned investment manager.

NS United Kaiun Kaisha

Market Cap: JP¥167.3b

Engages in the marine transportation services and related business in Japan 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.

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.

Morris State Bancshares

Market Cap: US$260.8m

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$117.7m

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.

First Northern Community Bancorp

Market Cap: US$230.7m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Onix Solar Energy

Market Cap: ₹14.5b

Engages in the trading of non-ferrous metals in India.

Tri-County Financial Group

Market Cap: US$123.6m

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.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Oxford Bank

Market Cap: US$103.4m

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

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.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Compañía Electro Metalúrgica

Market Cap: CL$560.6b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

Security Federal

Market Cap: US$112.5m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

M+S Hydraulic AD

Market Cap: €207.0m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Synergy Innovation

Market Cap: ₩183.3b

Engages in the research and development, and investment of generic and new drugs, medical devices, and health functional foods in South Korea.

Gem-Year IndustrialLtd

Market Cap: CN¥5.3b

Engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally.

Xinjiang Torch Gas

Market Cap: CN¥3.5b

Operates as a gas service company in China.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

Xinya Electronic

Market Cap: CN¥7.4b

Manufactures and sells wires and cables in China and internationally.

Pacific Metals

Market Cap: JP¥54.4b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Toho Bank

Market Cap: JP¥165.7b

Provides various banking products and services in Japan.

Etihad GO Telecom

Market Cap: ر.س2.9b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Aoxin Q & M Dental Group

Market Cap: S$203.6m

An investment holding company, provides private dental healthcare services in the People’s Republic of China.

MNtech

Market Cap: ₩283.7b

Manufactures and sells optical films for televisions in South Korea.

Techno Smart

Market Cap: JP¥22.9b

Provides liquid crystal-related film and cast film manufacturing devices.

Cyber Security Cloud

Market Cap: JP¥17.0b

Provides web application security services worldwide.