Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

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

Practic

Market Cap: RON 950.3m

Engages in the lease and sublease of real estate properties in Romania.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Inverfal PerúA

Market Cap: S/1.5b

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Cairo Amman Bank

Market Cap: د.أ282.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Toho

Market Cap: JP¥42.2b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

Careerlink

Market Cap: JP¥32.6b

Provides human resource services in Japan.

Synergy Innovation

Market Cap: ₩214.1b

Engages in the research and development, and investment of generic and new drugs, medical devices, and health functional foods in South Korea.

Nice

Market Cap: JP¥23.9b

Distributes building materials and housing equipment in Japan.

Mulpha International Bhd

Market Cap: RM 891.0m

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

Fengyinhe Holdings

Market Cap: HK$2.3b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Yunnan Jinxun Resources

Market Cap: HK$5.4b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Hiconics Eco-energy Technology

Market Cap: CN¥7.9b

Engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥8.2b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Dear LifeLtd

Market Cap: JP¥55.6b

Engages in the real estate business in Japan.

Central Finance

Market Cap: LK₨62.6b

Provides various financial solutions primarily in Sri Lanka.

Surya Toto Indonesia

Market Cap: Rp2.7t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia 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.

Toukei Computer

Market Cap: JP¥77.2b

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

Enviro Infra Engineers

Market Cap: ₹30.6b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

CAC Holdings

Market Cap: JP¥34.8b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

FALCO HOLDINGS

Market Cap: JP¥27.1b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Hayleys

Market Cap: LK₨179.3b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Cota

Market Cap: JP¥35.6b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Thai Steel Cable

Market Cap: ฿3.7b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Hoshi Iryo-Sanki

Market Cap: JP¥15.9b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.6b

Jiangsu Rainbow Heavy Industries Co., Ltd.

CMC

Market Cap: JP¥24.1b

Provides manual creation, business process management, training, translation, and interpretation services in Japan and internationally.

AblePrint Technology

Market Cap: NT$40.7b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Namuga

Market Cap: ₩331.3b

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

Techno Ryowa

Market Cap: JP¥182.3b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

E J Holdings

Market Cap: JP¥33.3b

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