Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.7m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Tri-County Financial Group

Market Cap: US$114.6m

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.

Namibia Breweries

Market Cap: R6.2b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Productive Business Solutions

Market Cap: US$173.2m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Potasios de Chile

Market Cap: CL$579.7b

Engages in investment in shares and other financial instruments in Chile.

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

Capricorn Group

Market Cap: R11.7b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

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

Market Cap: Mex$30.4b

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

Southern Michigan Bancorp

Market Cap: US$109.8m

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

Procimmo Group

Market Cap: CHF 360.4m

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

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Zambia Sugar

Market Cap: K20.7b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.4b

TianJin JinRong TianYu Precision Machinery Inc.

Toukei Computer

Market Cap: JP¥74.9b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹13.1b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Suzhou Chunqiu Electronic Technology

Market Cap: CN¥7.4b

Suzhou Chunqiu Electronic Technology Co., Ltd.

CYMECHS

Market Cap: ₩159.0b

A tool automation company, engages in the provision of core system components for semiconductor manufacturing in South Korea.

Changjiu Holdings

Market Cap: HK$1.2b

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

Xuelong GroupLtd

Market Cap: CN¥3.9b

Engages in the research, development, production, and sale of internal combustion engine cooling systems and automotive lightweight plastic products that are used in commercial vehicles, construction machinery, and agricultural machinery sectors.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.3b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

PC Jeweller

Market Cap: ₹73.0b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Namuga

Market Cap: ₩226.8b

Designs, produces, and sells cameras and 3D sensing modules in Korea and internationally.

Zhejiang Bofay Electric

Market Cap: CN¥2.5b

Engages in the research, development, production, and sale of polymer composite materials in China and internationally.

Q P Group Holdings

Market Cap: HK$877.8m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.

Imuraya Group

Market Cap: JP¥32.1b

Manufactures and sells various food products in Japan and internationally.

Saatvik Green Energy

Market Cap: ₹51.0b

Manufactures and sells solar photovoltaic modules in India and internationally.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥3.0b

Wuhan Huakang Century Clean Technology Co., Ltd.