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.

Cyprus Cement

Market Cap: €186.5m

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

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.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

Envipro Holdings

Market Cap: JP¥26.6b

Through its subsidiaries, engages in the resource recycling, global trading, and lithium-ion battery recycling businesses in Japan and internationally.

Konishi

Market Cap: JP¥83.8b

Manufactures and sells synthetic adhesives in Japan.

Morris State Bancshares

Market Cap: US$275.7m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Taiyo KagakuLtd

Market Cap: JP¥50.1b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Central Forest Group

Market Cap: JP¥22.5b

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

Muto Seiko

Market Cap: JP¥16.6b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

Jadranski naftovod d.d

Market Cap: €780.9m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

Tokyo Tekko

Market Cap: JP¥52.9b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Ebara JitsugyoLtd

Market Cap: JP¥68.9b

Manufactures and sells environmentally related products in Japan.

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.

Techno Ryowa

Market Cap: JP¥159.1b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

CMC

Market Cap: JP¥24.0b

Provides manual creation, business process management, training, translation, and interpretation services in Japan and internationally.

E J Holdings

Market Cap: JP¥33.4b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

Ensuiko Sugar Refining

Market Cap: JP¥16.0b

Manufactures and sells sugar products in Japan.

Tri-County Financial Group

Market Cap: US$121.9m

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.

MicroAd

Market Cap: JP¥22.7b

Operates an advertising platform that connects advertisers and the media in Japan.

New Peoples Bankshares

Market Cap: US$100.4m

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

Innotech

Market Cap: JP¥33.1b

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

Komori

Market Cap: JP¥92.1b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Soliton Systems K.K

Market Cap: JP¥38.7b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

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.

Yashima Denki

Market Cap: JP¥72.3b

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

Kodama Chemical IndustryLtd

Market Cap: JP¥22.1b

Manufactures and sells plastic products in Japan, Thailand, and internationally.

Toho Bank

Market Cap: JP¥178.4b

Provides various banking products and services in Japan.

Cyber Security Cloud

Market Cap: JP¥17.2b

Provides web application security services worldwide.

Nippon Sharyo

Market Cap: JP¥61.7b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Pacific Metals

Market Cap: JP¥53.7b

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

AJIS

Market Cap: JP¥37.4b

Provides retail support services in Japan and internationally.

Techno Smart

Market Cap: JP¥23.5b

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