Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 482.2b

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

Freetrailer Group

Market Cap: €854.0m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م24.7b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.2b

Provides various banking products and services in Egypt.

Standard Bank

Market Cap: MK 998.4b

Provides banking and other related services in Malawi.

Seneca Foods

Market Cap: US$816.8m

Provides packaged fruits and vegetables in the United States and internationally.

Epsilon Energy

Market Cap: US$109.4m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Tchaikapharma High Quality Medicines AD

Market Cap: €872.7m

Develops, manufactures, and sells medicines in Bulgaria.

Chilanga Cement

Market Cap: K15.7b

Engages in the manufacture and sale of cement products in Zambia.

Sound Financial Bancorp

Market Cap: US$111.9m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م30.9b

Produces and sells fertilizers.

NameSilo Technologies

Market Cap: US$110.8m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

A3 Mercados

Market Cap: AR$798.0b

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

Senstar Technologies

Market Cap: US$100.8m

Provides physical, video, and access control security products and solutions worldwide.

Tri-County Financial Group

Market Cap: US$118.8m

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.

Union Bankshares

Market Cap: US$113.7m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Itafos

Market Cap: CA$618.4m

Operates as a phosphate and specialty fertilizer company.

Affinity Bancshares

Market Cap: US$125.2m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Central Forest Group

Market Cap: JP¥22.1b

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

FRMO

Market Cap: US$332.4m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Envirotainer

Market Cap: €401.0m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

BAUER

Market Cap: €253.9m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Telekom Networks Malawi

Market Cap: MK 361.3b

Provides telecommunication services to enterprises and individual customers in Malawi.

Procimmo Group

Market Cap: CHF 369.4m

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.

First Northern Community Bancorp

Market Cap: US$211.7m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Jordanian Duty Free Shops

Market Cap: د.أ140.6m

9649273 Jordanian Duty Free Shops invests in, operates, and manages duty-free shops.

Bank of Africa Mali

Market Cap: XOF 112.5b

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

Soma Gold

Market Cap: CA$216.0m

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

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$27.1b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.

Pure Cycle

Market Cap: US$281.6m

Provides water and wastewater services in the United States.

Grendene

Market Cap: R$4.1b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 72.5b

Processes heavy bitumen crude in Africa.