Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bahrain National Holding Company B.S.C

Market Cap: ب.د59.0m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Liburnia Riviera Hoteli d.d

Market Cap: €149.5m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

TSTE

Market Cap: ฿3.9b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Tri-County Financial Group

Market Cap: US$123.6m

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.

Security Federal

Market Cap: US$112.5m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

M+S Hydraulic AD

Market Cap: €207.0m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Oxford Bank

Market Cap: US$103.4m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Namibia Breweries

Market Cap: R6.2b

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

New Peoples Bankshares

Market Cap: US$101.3m

Operates as a financial holding company for New Peoples Bank, Inc.

Southern Michigan Bancorp

Market Cap: US$117.7m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

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.

Chilanga Cement

Market Cap: K16.1b

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

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Compañía Electro Metalúrgica

Market Cap: CL$560.6b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Lee's Pharmaceutical Holdings

Market Cap: HK$789.0m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Billion Industrial Holdings

Market Cap: HK$9.8b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Vidhi Specialty Food Ingredients

Market Cap: ₹15.1b

Engages in the manufacture and trading of synthetic food colors.

E J Holdings

Market Cap: JP¥32.4b

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

Shenke Slide Bearing

Market Cap: CN¥2.9b

Researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People’s Republic of China and internationally.

KFM Kingdom Holdings

Market Cap: HK$1.6b

An investment holding company, manufactures and sells precision metal stamping products in the People’s Republic of China, South East Asia, Hong Kong, North America, Europe, and internationally.

Cahaya Aero Services

Market Cap: Rp4.6t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Jiangsu JIXIN Wind Energy Technology

Market Cap: CN¥5.6b

Researches, develops, manufactures, and sells wind turbine components in China.

Marusan Securities

Market Cap: JP¥67.9b

Engages in the financial products trading business in Japan.

KP Green Engineering

Market Cap: ₹16.9b

Engages in engineering and manufacture of steel structure in India.

Sunny Loan TopLtd

Market Cap: CN¥4.3b

Provides investment and financing services in China and internationally.

Chuo WarehouseLtd

Market Cap: JP¥30.8b

Provides various logistics services in Japan and internationally.

Sakar Healthcare

Market Cap: ₹11.6b

Research, develops, manufactures, and sells pharmaceutical products in India.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Zhe Jiang Dayang Biotech Group

Market Cap: CN¥2.8b

Operates as a chemical raw material manufacturing company in China and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ139.7m

Invests in, operates, and manages duty-free shops.

Creative & Innovative System

Market Cap: ₩1.2t

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.5b

Nanjing Well Pharmaceutical Group Co.,Ltd.