Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Morris State Bancshares

Market Cap: US$219.4m

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

SALUS Ljubljana d. d

Market Cap: €252.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Soft-World International

Market Cap: NT$17.8b

Develops, operates, and distributes games in Taiwan and China.

Cardig Aero Services

Market Cap: Rp4.1t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ135.2m

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

Shangri-La Hotel

Market Cap: ฿6.0b

Operates hotels in Bangkok and Chiang Mai provinces.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp17.4t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Standard Chartered Bank Kenya

Market Cap: KSh101.5b

Provides various banking products and services for individuals and businesses.

Britam Holdings

Market Cap: KSh16.2b

An investment holding company, provides financial solutions in Kenya, Uganda, South Sudan, Rwanda, Tanzania, Malawi, and Mozambique.

Waja

Market Cap: ر.س513.8m

Engages in the construction, media and communication, and information technology businesses.

AB Vilkyskiu pienine

Market Cap: €133.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Mitake Information

Market Cap: NT$3.3b

Provides mobile financial information trading platform in Taiwan.

Baazeem Trading

Market Cap: ر.س608.5m

Operates as a FMCG distribution company.

Nestlé Pakistan

Market Cap: PK₨317.4b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Sure Global Tech

Market Cap: ر.س616.0m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك169.3m

Engages in insurance and reinsurance operations in Kuwait.

Bakrie & Brothers

Market Cap: Rp5.5t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Pakistan National Shipping

Market Cap: PK₨44.5b

Engages in the shipping business worldwide.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

National Investments Company K.S.C.P

Market Cap: د.ك206.4m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.1m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س826.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Taiyo KagakuLtd

Market Cap: JP¥29.2b

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

Sun

Market Cap: MU₨6.2b

Operates in the tourism sector.

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.

Co-Tech Development

Market Cap: NT$12.2b

Engages in the production and sale of copper foil for printed circuit board industry in Taiwan and China.

National Industries Group Holding - KPSC

Market Cap: د.ك604.7m

Through its subsidiaries, engages in the building materials, petrochemicals, oil and gas services, mechanical industries, utilities, real estate, infrastructure, and financial services in Kuwait and internationally.

Invest Bank

Market Cap: د.أ195.0m

Provides various banking and related financial services in Jordan.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Surya Toto Indonesia

Market Cap: Rp2.4t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.