Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Central Forest Group

Market Cap: JP¥22.5b

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

TSTE

Market Cap: ฿4.1b

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

Surya Citra Media

Market Cap: Rp17.3t

Provides multimedia services in Indonesia.

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.

Pizu Group Holdings

Market Cap: HK$5.7b

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

Vivo Energy Mauritius

Market Cap: MU₨13.5b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

New Mauritius Hotels

Market Cap: MU₨7.1b

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

Sun

Market Cap: MU₨7.1b

Operates in the tourism sector.

Seef Properties B.S.C

Market Cap: ب.د49.3m

Engages in the real estate development business in the Kingdom of Bahrain.

Taiyo KagakuLtd

Market Cap: JP¥43.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Palasino Holdings

Market Cap: HK$1.6b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

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

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Padma Oil

Market Cap: ৳17.3b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Shandong Sinoglory Health Food

Market Cap: CN¥2.7b

Manufactures soy proteins in China.

East West Banking

Market Cap: ₱29.2b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Bank Ganesha

Market Cap: Rp2.7t

Provides various general banking products and services for individuals and businesses in Indonesia.

Buana Artha Anugerah

Market Cap: Rp2.9t

Engages in the provision of asset management services in Indonesia.

Gulf Insurance Group - Jordan

Market Cap: د.أ78.0m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Namibia Breweries

Market Cap: R6.3b

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

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €495.9m

Operates as a cooperative bank in France.

Lion Capital

Market Cap: RON 2.2b

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.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Oakworth Capital

Market Cap: US$186.7m

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

Freetrailer Group

Market Cap: €529.9m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

NameSilo Technologies

Market Cap: US$109.4m

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

BAUER

Market Cap: €247.5m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals services in South America, Central America, and North America.

Yeni Gimat Gayrimenkul Yatirim Ortakligi

Market Cap: ₺51.3b

Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S.

MCH Group

Market Cap: CHF 111.7m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Bijou Brigitte modische Accessoires

Market Cap: €318.5m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

First Bancorp

Market Cap: US$315.9m

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

Union Bankshares

Market Cap: US$112.2m

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