Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Central Forest Group

Market Cap: JP¥23.1b

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

MAPFRE Middlesea

Market Cap: €142.6m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Inversiones Siemel

Market Cap: CL$108.8b

An investment holding company, operates in the agribusiness and agriculture, real estate, finance, and information technology sectors in Chile.

Procimmo Group

Market Cap: CHF 432.4m

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

Security Federal

Market Cap: US$106.7m

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

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Aoxin Q & M Dental Group

Market Cap: S$190.3m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

Orient Pharma

Market Cap: NT$5.7b

Engages in the development of new drugs in Taiwan and internationally.

GakkyushaLtd

Market Cap: JP¥26.2b

Operates and manages cram schools in Japan.

SAN Holdings

Market Cap: JP¥31.6b

Provides funeral services in Japan.

Jetwell Computer

Market Cap: NT$7.1b

Engages in manufacturing of computers and peripheral equipment in China, Taiwan, and internatinally.

Tsubakimoto Kogyo

Market Cap: JP¥51.2b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

OpenWork

Market Cap: JP¥20.8b

Develops and manages a job and recruitment information platform in Japan.

First Investment Company K.S.C.P

Market Cap: د.ك53.1m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Changjiu Holdings

Market Cap: HK$867.5m

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Plus Group Holdings

Market Cap: HK$825.3m

An investment holding company, provides on-site sales and marketing solutions to brand owners and distributors in the People’s Republic of China.

Suzhou Fushilai Pharmaceutical

Market Cap: CN¥3.0b

Engages in the research, development, production, and sale of pharmaceutical intermediates, active pharmaceutical ingredients (APIs), and health care raw materials in China and internationally.

Chinyang Holdings

Market Cap: ₩193.6b

Through its subsidiaries, engages in the manufacture and sale of synthetic resin, and automotive part products.

Kung Sing Engineering

Market Cap: NT$6.1b

Engages in the construction business in Taiwan.

Daewon Cable

Market Cap: ₩451.5b

Manufactures and sells cables and wires in South Korea and internationally.

Xiamen King Long Motor Group

Market Cap: CN¥12.0b

Engages in the research and development, design, manufacturing, and sale of passenger vehicles in China and internationally.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥5.0b

Wuhan Huakang Century Clean Technology Co., Ltd.

Britam Holdings

Market Cap: KSh30.7b

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

Sichuan Fulin Transportation Group

Market Cap: CN¥3.8b

Sichuan Fulin Transportation Group Co., Ltd.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Alltek Technology

Market Cap: NT$10.1b

Operates as a communication components distributor and solution provider in Taiwan, China, and internationally.

Etihad GO Telecom

Market Cap: ر.س3.2b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Zhongyeda Electric

Market Cap: CN¥5.5b

Engages in the distribution of industrial electrical products in China.

Nestlé Pakistan

Market Cap: PK₨349.2b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

KFM Kingdom Holdings

Market Cap: HK$1.5b

An investment holding company, manufactures and sells precision metal stamping products in the People’s Republic of China, South East Asia, Hong Kong, North America, Europe, and internationally.

Yuen Foong Yu Consumer Products

Market Cap: NT$10.8b

Yuen Foong Yu Consumer Products Co., Ltd.