Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bank of Africa Mali

Market Cap: XOF 107.1b

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

FRoSTA

Market Cap: €615.9m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

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 in China.

Jagsonpal Pharmaceuticals

Market Cap: ₹12.2b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Imuraya Group

Market Cap: JP¥32.2b

Manufactures and sells various food products in Japan and internationally.

Indo Tech Transformers

Market Cap: ₹16.1b

Manufactures and sells transformers in India and internationally.

Enviro Infra Engineers

Market Cap: ₹33.2b

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.

New Asia Construction & Development

Market Cap: NT$3.2b

Provides public construction services for governments in Taiwan.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.7b

Researches, develops, produces, and sells black sesame health products in China.

Epsilon Energy

Market Cap: US$103.3m

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.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft54.7b

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

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥3.5b

Researches, develops, manufactures, installs, sells, and maintains elevators in China and internationally.

Alantra Partners

Market Cap: €354.6m

Engages in the investment banking and asset management services in Spain and internationally.

Chinyang Holdings

Market Cap: ₩172.2b

Through its subsidiaries, engages in the manufacture and sale of synthetic resin, and automotive part products.

Ogaki Kyoritsu Bank

Market Cap: JP¥217.3b

A regional financial institution, provides various financial products and services in Japan and internationally.

Darwin

Market Cap: €99.6m

Operates in the healthcare industry.

Zhejiang Chinastars New Materials Group

Market Cap: CN¥5.2b

Zhejiang Chinastars New Materials Group Co., Ltd.

Hangzhou Zhengqiang

Market Cap: CN¥6.1b

Engages in the research, development, production, and sales of automobile cross-axle universal joint assemblies, forks, cross shafts, yokes, and related components in China and internationally.

Suzhou Sepax Technologies

Market Cap: CN¥7.7b

A high-tech company, engages on the research, development, production, and sale of liquid chromatography materials and technologies worldwide.

Shaanxi Tourism Culture Industry HoldingLtd

Market Cap: CN¥10.0b

Engages in tourism operations in China.

Tianjin Lisheng PharmaceuticalLtd

Market Cap: CN¥5.7b

Engages in the research and development, production, and sale of pharmaceutical products in China and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.6b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Tchaikapharma High Quality Medicines AD

Market Cap: €891.9m

Develops, manufactures, and sells medicines in Bulgaria.

Namibia Breweries

Market Cap: R6.2b

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

Tai Sin Electric

Market Cap: S$271.6m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Hollyland (China) Electronics Technology

Market Cap: CN¥3.3b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.

Pizu Group Holdings

Market Cap: HK$3.3b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Saison Technology

Market Cap: JP¥36.1b

Engages in the system development and operation, and software package businesses in Japan.

Speed Tech

Market Cap: NT$7.0b

Designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries in Taiwan and internationally.

Shandong Link Science and TechnologyLtd

Market Cap: CN¥5.2b

Shandong Link Science and Technology Co.,Ltd.

House of Investments

Market Cap: ₱7.0b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥7.2b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

Shandong Sinoglory Health Food

Market Cap: CN¥2.6b

Manufactures soy proteins in China.

Shenzhen LiantronicsLtd

Market Cap: CN¥4.5b

Provides display solutions in China.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.6b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.