Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Energy World

Market Cap: AU$204.4m

An independent energy company, engages in the development, production, and sale of power and liquefied natural gas in the Asia Pacific region.

Ligitek ElectronicsLtd

Market Cap: NT$8.2b

Researches, develops, manufactures, processes, and trades in various electronic components in Taiwan, the Americas, Europe, Asia, and internationally.

House of Investments

Market Cap: ₱6.6b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Asian Terminals

Market Cap: ₱68.5b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Nigerian Aviation Handling

Market Cap: ₦213.4b

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

MCH Group

Market Cap: CHF 111.3m

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

Alumil Aluminium Industry

Market Cap: €164.7m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Freetrailer Group

Market Cap: €739.6m

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 74.8b

Processes heavy bitumen crude in Africa.

VNV Global

Market Cap: SEK 2.8b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

AB Akola Group

Market Cap: €305.7m

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.

Chilanga Cement

Market Cap: K14.0b

Engages in the manufacture and sale of cement products in Zambia.

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.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.8m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Dekpol

Market Cap: zł725.9m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 474.1b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Bank of Africa Mali

Market Cap: XOF 119.4b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Dn Agrar Group

Market Cap: RON 453.4m

Engages in the production of cow milk.

Empresas Lipigas

Market Cap: CL$951.4b

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

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Cyprus Cement

Market Cap: €164.6m

Engages in the manufacturing and sale of cement and related business in Cyprus.

Canal Shipping Agencies

Market Cap: ج.م10.7b

Provides various shipping services to the international commercial fleet in Egypt.

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.

Alantra Partners

Market Cap: €307.6m

Engages in the investment banking and asset management services in Spain and internationally.

Telekom Networks Malawi

Market Cap: MK 363.2b

Provides telecommunication services to enterprises and individual customers in Malawi.

Lampsa Hellenic Hotels

Market Cap: €999.8m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Maistra d.d

Market Cap: €645.7m

Engages in the hotel business in Croatia.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

ABG Sundal Collier Holding

Market Cap: NOK 4.2b

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

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Mangold Fondkommission

Market Cap: SEK 941.7m

Provides financial services to companies, institutions, and private individuals in Sweden.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €91.2m

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

Deutsche Balaton

Market Cap: €238.1m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.