Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Namibia Breweries

Market Cap: R6.2b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Techno Smart

Market Cap: JP¥24.1b

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

Ascentech K.K

Market Cap: JP¥20.2b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Sambhv Steel Tubes

Market Cap: ₹27.0b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

MKH Berhad

Market Cap: RM 582.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

NS United Kaiun Kaisha

Market Cap: JP¥173.9b

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

Surya Citra Media

Market Cap: Rp15.1t

Provides multimedia services in Indonesia.

Shimizu Bank

Market Cap: JP¥31.3b

Provides various banking services in Japan.

Akatsuki

Market Cap: JP¥19.1b

Engages in the real estate and securities businesses in Japan.

AOKI Holdings

Market Cap: JP¥151.8b

Engages in the fashion, anniversary and bridal, entertainment, and real estate rental businesses in Japan.

GakkyushaLtd

Market Cap: JP¥26.3b

Operates and manages cram schools in Japan.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Changchun FAWAY Group Automobile Components

Market Cap: CN¥7.2b

Engages in the design, manufacture and sales of automotive interior and exterior parts and components in China.

Hangzhou Hirisun Technology

Market Cap: CN¥6.1b

Engages in power information system integration business in China.

Lelon Electronics

Market Cap: NT$17.1b

Develops, manufactures, markets, trades in, and sells electrolytic capacitors internationally.

Yunnan Jinxun Resources

Market Cap: HK$5.8b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Suzhou Sepax Technologies

Market Cap: CN¥7.9b

A high-tech company, engages on the research, development, production, and sale of liquid chromatography materials and technologies worldwide.

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Fengyinhe Holdings

Market Cap: HK$2.3b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

CAC Holdings

Market Cap: JP¥33.7b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

Cota

Market Cap: JP¥35.1b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Toho

Market Cap: JP¥40.9b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

Careerlink

Market Cap: JP¥32.0b

Provides human resource services in Japan.

Oxford Bank

Market Cap: US$105.6m

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

Inverfal PerúA

Market Cap: S/1.5b

Engages in investing in fixed or variable income securities in Peru.

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.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Freetrailer Group

Market Cap: €800.6m

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

Productive Business Solutions

Market Cap: US$188.2m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Onix Solar Energy

Market Cap: ₹14.6b

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

Yashima Denki

Market Cap: JP¥75.4b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Nextronics Engineering

Market Cap: NT$4.9b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Bank Danamon Indonesia

Market Cap: Rp25.6t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.