Global Undiscovered Gems With Strong Fundamentals

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

A3 Mercados

Market Cap: AR$734.8b

Operates as a market for negotiable securities in Argentina and internationally.

Ouro Fino Saúde Animal Participações

Market Cap: R$1.5b

Engages in the development, production, and sale of veterinary drugs, vaccines, and other products for production and companion animals primarily in Brazil.

Southern Michigan Bancorp

Market Cap: US$116.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and government agencies primarily in the southwest and south-central Michigan communities.

Grendene

Market Cap: R$4.2b

Engages in the development, production, distribution, sale, and market of plastic footwear in Brazil, North America, Asia, Oceania, Europe, Central and South America, the Middle East, and Africa.

Tchaikapharma High Quality Medicines AD

Market Cap: €896.7m

Develops, manufactures, and sells medicines in Bulgaria.

Security Federal

Market Cap: US$106.7m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

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.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

INCAR FINANCIAL SERVICE

Market Cap: ₩536.8b

Operates as an independent insurance agency in South Korea.

Guangdong Transtek Medical Electronics

Market Cap: CN¥2.8b

Guangdong Transtek Medical Electronics Co., Ltd.

E J Holdings

Market Cap: JP¥32.0b

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

AJIS

Market Cap: JP¥37.3b

Provides retail support services in Japan and internationally.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥4.5b

Wuhan Huakang Century Clean Technology Co., Ltd.

Zhejiang Haisen Pharmaceutical

Market Cap: CN¥3.9b

Engages in the research and development, production, sale, and import and export of pharmaceutical intermediates, active pharmaceutical ingredients, and preparations in China and internationally.

Xiamen Jihong

Market Cap: CN¥6.6b

Engages in the cross-border social e-commerce and paper packaging solutions business.

Hangzhou Zhengqiang

Market Cap: CN¥4.2b

Engages in the research, development, production, and sales of automobile cross-axle universal joint assemblies, forks, cross shafts, yokes, and related components in China and internationally.

Vivo Energy Mauritius

Market Cap: MU₨13.5b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

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.

Jiangyin Haida Rubber And Plastic

Market Cap: CN¥5.7b

Jiangyin Haida Rubber And Plastic Co., Ltd.

Myung In Pharmaceutical

Market Cap: ₩766.5b

A pharmaceutical company, manufactures ETC and OTC drugs.

Anfu CE LINK

Market Cap: CN¥3.5b

Researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products.

Tibet Development

Market Cap: CN¥2.4b

Engages in the production and sale of beer in China.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥3.8b

Develops, manufactures, and sells laser holographic molded products.

Nippon Sharyo

Market Cap: JP¥50.9b

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

Careerlink

Market Cap: JP¥28.8b

Provides human resource services in Japan.

Zhongyeda Electric

Market Cap: CN¥5.3b

Engages in the distribution of industrial electrical products in China.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.5b

A publicly owned investment manager.

Sichuan Fulin Transportation Group

Market Cap: CN¥3.7b

Sichuan Fulin Transportation Group Co., Ltd.

Ogaki Kyoritsu Bank

Market Cap: JP¥258.4b

A regional financial institution, provides various financial products and services in Japan and internationally.

Guangdong Tloong Technology GroupLtd

Market Cap: CN¥8.1b

Researches, develops, and sells various printing ink products in China and internationally.

Shanghai New Power Automotive Technology

Market Cap: CN¥9.4b

Engages in the production and sale of diesel engines and parts in China.

Yashima Denki

Market Cap: JP¥62.8b

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

Hoang Huy Investment Financial Services

Market Cap: ₫15.0t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Kyungbangco.Ltd

Market Cap: ₩223.7b

Engages in textile spinning and real estate development businesses in South Korea.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥7.8b

Anhui Huaren Health Pharmaceutical Co., Ltd.