Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Soma Gold

Market Cap: CA$221.9m

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

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Pure Cycle

Market Cap: US$267.2m

Provides water and wastewater services in the United States.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Kingstone Companies

Market Cap: US$228.2m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 460.9b

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

Winchester Bancorp

Market Cap: US$111.5m

Focuses on operating as the bank holding company for Winchester Savings Bank, which provides banking products and services in Massachusetts.

Union Bankshares

Market Cap: US$115.5m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Standard Bank

Market Cap: MK 996.8b

Provides banking and other related services in Malawi.

Chilanga Cement

Market Cap: K16.8b

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

ANSA Merchant Bank

Market Cap: TT$2.1b

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

A3 Mercados

Market Cap: AR$785.8b

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 86.5b

Processes heavy bitumen crude in Africa.

Oakworth Capital

Market Cap: US$192.7m

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

Procimmo Group

Market Cap: CHF 373.9m

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

Tri-County Financial Group

Market Cap: US$119.7m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Itafos

Market Cap: CA$568.1m

Operates as a phosphate and specialty fertilizer company.

Seneca Foods

Market Cap: US$819.8m

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

Central Forest Group

Market Cap: JP¥22.1b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.3b

Produces and sells fertilizers.

Canal Shipping Agencies

Market Cap: ج.م10.0b

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

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.

Jadranski naftovod d.d

Market Cap: €786.0m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

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

Market Cap: ج.م22.3b

Provides various banking products and services in Egypt.

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

Market Cap: ج.م25.3b

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.

Namibia Breweries

Market Cap: R6.2b

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Techno Smart

Market Cap: JP¥24.1b

Provides liquid crystal-related film and cast film manufacturing devices.

Ascentech K.K

Market Cap: JP¥20.2b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Sambhv Steel Tubes

Market Cap: ₹27.0b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

MKH Berhad

Market Cap: RM 582.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

NS United Kaiun Kaisha

Market Cap: JP¥173.9b

Engages in the marine transportation services and related business in Japan and internationally.

Surya Citra Media

Market Cap: Rp15.1t

Provides multimedia services in Indonesia.