Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

ANSA Merchant Bank

Market Cap: TT$2.4b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

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

Bank of Africa Mali

Market Cap: XOF 112.5b

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

Jordanian Duty Free Shops

Market Cap: د.أ140.6m

9649273 Jordanian Duty Free Shops invests in, operates, and manages duty-free shops.

Central Forest Group

Market Cap: JP¥22.3b

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

Canal Shipping Agencies

Market Cap: ج.م8.9b

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

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

Market Cap: ج.م21.2b

Provides various banking products and services in Egypt.

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

Market Cap: ج.م24.7b

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.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م30.9b

Produces and sells fertilizers.

Tchaikapharma High Quality Medicines AD

Market Cap: €872.7m

Develops, manufactures, and sells medicines in Bulgaria.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 74.4b

Processes heavy bitumen crude in Africa.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 482.2b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$984.0m

Provides wholesale banking services worldwide.

Chilanga Cement

Market Cap: K15.6b

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

Union Bankshares

Market Cap: US$112.7m

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

Tri-County Financial Group

Market Cap: US$117.2m

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.

Seneca Foods

Market Cap: US$789.4m

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

Senstar Technologies

Market Cap: US$102.2m

Provides physical, video, and access control security products and solutions worldwide.

Standard Bank

Market Cap: MK 998.4b

Provides banking and other related services in Malawi.

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

First Northern Community Bancorp

Market Cap: US$210.8m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

First Bancorp

Market Cap: US$299.7m

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

Telekom Networks Malawi

Market Cap: MK 361.3b

Provides telecommunication services to enterprises and individual customers in Malawi.

Affinity Bancshares

Market Cap: US$124.3m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Epsilon Energy

Market Cap: US$106.9m

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.

Sound Financial Bancorp

Market Cap: US$111.6m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

FRMO

Market Cap: US$345.1m

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

NameSilo Technologies

Market Cap: US$106.2m

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

Franklin Financial Services

Market Cap: US$230.3m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Itafos

Market Cap: CA$628.0m

Operates as a phosphate and specialty fertilizer company.

Darwin

Market Cap: €97.8m

Operates in the healthcare industry.

Freetrailer Group

Market Cap: €854.0m

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

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$27.1b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.