Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alumil Aluminium Industry

Market Cap: €170.5m

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

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

Market Cap: ج.م20.9b

Provides various banking products and services in Egypt.

Canal Shipping Agencies

Market Cap: ج.م10.5b

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

Zambia Sugar

Market Cap: K21.2b

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €89.5m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Transcorp Power

Market Cap: ₦2.3t

Engages in the generation and sale of electric power in Nigeria and internationally.

Cyprus Cement

Market Cap: €164.6m

Engages in the manufacturing and sale of cement and related business in Cyprus.

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.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

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

Market Cap: ج.م26.6b

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.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺12.9b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺32.6b

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

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.3b

Marmaris Altinyunus Turistik Tesisler A.S.

Telekom Networks Malawi

Market Cap: MK 363.0b

Provides telecommunication services to enterprises and individual customers in Malawi.

First National Bank of Botswana

Market Cap: P13.9b

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

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

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

Chilanga Cement

Market Cap: K15.0b

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

Inverfal PerúA

Market Cap: S/1.9b

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Soma Gold

Market Cap: CA$187.0m

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

Oakworth Capital

Market Cap: US$205.0m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

NameSilo Technologies

Market Cap: US$103.7m

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

Epsilon Energy

Market Cap: US$114.2m

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.

FRMO

Market Cap: US$331.1m

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

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Mangold Fondkommission

Market Cap: SEK 927.6m

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

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft39.9b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.

ABG Sundal Collier Holding

Market Cap: NOK 4.2b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Evergent Investments

Market Cap: RON 2.4b

A publicly owned investment manager.

Namibia Breweries

Market Cap: R6.2b

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

Morris State Bancshares

Market Cap: US$264.7m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Dekpol

Market Cap: zł722.5m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Procimmo Group

Market Cap: CHF 360.4m

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