Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Mulpha International Bhd

Market Cap: RM 912.4m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

HG Metal Manufacturing

Market Cap: S$160.7m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Saha-Union

Market Cap: ฿7.9b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Tohoku Steel

Market Cap: JP¥16.4b

Manufactures, processes, and distributes various types of special steel products in Japan.

Ceylinco Holdings

Market Cap: LK₨72.9b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Mangold Fondkommission

Market Cap: SEK 932.3m

Provides financial services to companies, institutions, and private individuals in Sweden.

A3 Mercados

Market Cap: AR$759.3b

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

ASA Gold and Precious Metals

Market Cap: US$1.3b

A publicly owned investment manager.

First Bancorp

Market Cap: US$330.7m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Nigerian Aviation Handling

Market Cap: ₦354.7b

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

Hafary Holdings

Market Cap: S$204.5m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Soma Gold

Market Cap: CA$210.8m

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

Procimmo Group

Market Cap: CHF 432.4m

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

NameSilo Technologies

Market Cap: US$112.5m

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

First National Bank of Botswana

Market Cap: P14.4b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

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

Market Cap: ج.م32.6b

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

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

Market Cap: ج.م22.7b

Provides various banking products and services in Egypt.

Alumil Aluminium Industry

Market Cap: €190.6m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Dn Agrar Group

Market Cap: RON 494.8m

Engages in the production of cow milk.

Evergent Investments

Market Cap: RON 2.6b

A publicly owned investment manager.

Infinity Capital Investments

Market Cap: RON 1.6b

A private equity and venture capital firm specializing in investments in asset management, expansion, development, start-up, growth capital, turnaround, and restructuring.

Canal Shipping Agencies

Market Cap: ج.م8.7b

Provides various shipping services to the international commercial fleet in Egypt.

Sopharma AD

Market Cap: €919.7m

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Southern Michigan Bancorp

Market Cap: US$118.5m

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.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Cyprus Cement

Market Cap: €178.3m

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

Quest Holdings

Market Cap: €702.9m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Grendene

Market Cap: R$4.3b

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.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 90.4b

Processes heavy bitumen crude in Africa.

Itafos

Market Cap: CA$734.3m

Produces and sells phosphate and specialty fertilizers in the United States, Brazil, and Guinea-Bissau.

First Northern Community Bancorp

Market Cap: US$253.9m

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.

Bank of Africa Mali

Market Cap: XOF 127.1b

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

Seneca Foods

Market Cap: US$1.1b

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