Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.3b

Operates in the tourism, construction, and energy sectors in Turkey.

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.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 465.8b

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

Soma Gold

Market Cap: CA$254.8m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft54.2b

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

Itafos

Market Cap: CA$599.0m

Operates as a phosphate and specialty fertilizer company.

Nexa Resources AtacochaA

Market Cap: S/1.2b

Operates as a mining company worldwide.

Pure Cycle

Market Cap: US$285.0m

Provides water and wastewater services in the United States.

Procimmo Group

Market Cap: CHF 364.9m

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

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Bank of Africa Mali

Market Cap: XOF 115.3b

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

Y.D. More Investments

Market Cap: ₪3.7b

A privately owned Investment Manager.

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.

Smart Organic AD

Market Cap: €200.7m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

First Investment Bank AD

Market Cap: €566.5m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

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.

Acsion

Market Cap: R3.6b

Engages in property holding and development activities in South Africa and internationally.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺19.5b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Payton Industries

Market Cap: ₪600.6m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Famous Brands

Market Cap: R5.6b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa.

Purple Group

Market Cap: R3.5b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺4.8b

Produces and sells food products in Turkey.

Bijou Brigitte modische Accessoires

Market Cap: €331.9m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Cyprus Cement

Market Cap: €182.4m

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

Inmocemento

Market Cap: €1.7b

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

Kyoritsu Electric

Market Cap: JP¥22.6b

Provides various systems, testing and measuring instruments, etc.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺39.0b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Nigerian Aviation Handling

Market Cap: ₦214.4b

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

Dekpol

Market Cap: zł777.7m

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

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.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.5b

Marmaris Altinyunus Turistik Tesisler A.S.

Mendelson Infrastructures & Industries

Market Cap: ₪597.5m

Engages in the supply of conduction and flow products in Israel.

Transcorp Power

Market Cap: ₦2.3t

Engages in the generation and sale of electric power in Nigeria and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Master Drilling Group

Market Cap: R2.5b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.