Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jamuna Bank

Market Cap: ৳22.3b

Provides various banking products and services in Bangladesh.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Yulie Sekuritas Indonesia

Market Cap: Rp5.3t

Operates as a securities company in Indonesia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك176.3m

Engages in insurance and reinsurance operations in Kuwait.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

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.

Cairo Amman Bank

Market Cap: د.أ270.0m

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

ANSA Merchant Bank

Market Cap: TT$2.1b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Chilanga Cement

Market Cap: K16.1b

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

Y.D. More Investments

Market Cap: ₪2.9b

A privately owned Investment Manager.

Soma Gold

Market Cap: CA$247.8m

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

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.

Medinice

Market Cap: zł396.5m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Telekom Networks Malawi

Market Cap: MK 357.4b

Provides telecommunication services to enterprises and individual customers in Malawi.

Atakey Patates Gida Sanayi ve Ticaret

Market Cap: ₺7.5b

Atakey Patates Gida Sanayi ve Ticaret A.S.

Dn Agrar Group

Market Cap: RON 561.6m

Engages in the production of cow milk.

Zito d.o.o

Market Cap: €456.5m

Engages in the food and agricultural businesses in Croatia, Hungary, Italy, Serbia, Slovakia, Kosovo, and internationally.

Kingstone Companies

Market Cap: US$221.3m

Through its subsidiary, Kingstone Insurance Company ("KICO"), provides property and casualty insurance products in the United States.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺8.1b

Operates in the tourism, construction, and energy sectors in Turkey.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 102.9b

Processes heavy bitumen crude in Africa.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Epsilon Energy

Market Cap: US$166.5m

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.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

First Bancorp

Market Cap: US$310.0m

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

Payton Industries

Market Cap: ₪530.1m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Transnational

Market Cap: ₦495.4b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺34.8b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

First Investment Bank AD

Market Cap: €484.5m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Winchester Bancorp

Market Cap: US$119.6m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Cyprus Cement

Market Cap: €171.5m

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

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.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 631.8b

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