Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Vidhi Specialty Food Ingredients

Market Cap: ₹13.3b

Engages in the manufacture and trading of synthetic food colors.

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

AGI Infra

Market Cap: ₹35.9b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

MMTC

Market Cap: ₹82.8b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

JB Foods

Market Cap: S$239.1m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.9m

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

Sichuan Fulin Transportation Group

Market Cap: CN¥4.5b

Sichuan Fulin Transportation Group Co., Ltd.

Ideal Capital Berhad

Market Cap: RM 1.8b

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.0b

Produces and sells fertilizers.

Padma Oil

Market Cap: ৳17.4b

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

Canal Shipping Agencies

Market Cap: ج.م8.4b

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

Jamuna Bank

Market Cap: ৳21.9b

Provides various banking products and services in Bangladesh.

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

Market Cap: ج.م25.6b

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.

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

Market Cap: ج.م21.9b

Provides various banking products and services in Egypt.

Palasino Holdings

Market Cap: HK$1.8b

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

Nusantara Pelabuhan Handal

Market Cap: Rp2.4t

Manages and operates container terminals in Indonesia and internationally.

Singapura Finance

Market Cap: S$129.3m

Provides finance services in Singapore.

New Mauritius Hotels

Market Cap: MU₨7.2b

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

Sun

Market Cap: MU₨7.1b

Operates in the tourism sector.

Fauji Foods

Market Cap: PK₨37.9b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Nestlé Pakistan

Market Cap: PK₨351.1b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

TechNVision Ventures

Market Cap: ₹35.6b

Provides information technology products and services in India and internationally.

Cairo Amman Bank

Market Cap: د.أ274.0m

Provides various banking and financial services for corporate and institutional customers.

Jordanian Duty Free Shops

Market Cap: د.أ151.9m

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

MOBI Industry

Market Cap: ر.س557.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س539.7m

Operates as a FMCG distribution company.

Saudi Chemical Holding

Market Cap: ر.س6.3b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س802.1m

Produces and sells bakery products in Saudi Arabia.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك42.5m

A private equity firm specializing in direct and fund investments.

First Investment Company K.S.C.P

Market Cap: د.ك48.2m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Taiyo KagakuLtd

Market Cap: JP¥46.9b

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

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.