Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Procimmo Group

Market Cap: CHF 364.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Gulf Insurance Group - Jordan

Market Cap: د.أ79.3m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Joyce

Market Cap: AU$157.3m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

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.

Bank of Africa Mali

Market Cap: XOF 118.3b

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

Alantra Partners

Market Cap: €306.8m

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

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.

Telekom Networks Malawi

Market Cap: MK 363.3b

Provides telecommunication services to enterprises and individual customers in Malawi.

Canal Shipping Agencies

Market Cap: ج.م11.1b

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

Central Forest Group

Market Cap: JP¥21.9b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

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.

FRoSTA

Market Cap: €629.5m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

MCH Group

Market Cap: CHF 103.0m

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

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م26.8b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

ANSA Merchant Bank

Market Cap: TT$2.6b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Chilanga Cement

Market Cap: K14.0b

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

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Nigerian Aviation Handling

Market Cap: ₦204.7b

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

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.8b

Provides various banking products and services in Egypt.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft45.1b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Sopharma AD

Market Cap: лв1.5b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

VNV Global

Market Cap: SEK 2.7b

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.

Envirotainer

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

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.

Bonraybio

Market Cap: NT$3.8b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Freetrailer Group

Market Cap: €733.9m

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

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.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م32.1b

Produces and sells fertilizers.

Dekpol

Market Cap: zł702.5m

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

Sparta

Market Cap: €126.9m

A publicly owned investment manager.

Capricorn Group

Market Cap: R13.2b

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

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.