Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 640.3b

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

Bank of Africa Mali

Market Cap: XOF 128.6b

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

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

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

KFM Kingdom Holdings

Market Cap: HK$1.4b

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.

Natural Food International Holding

Market Cap: HK$3.6b

An investment holding company, manufactures and sells natural health food products in China.

Wasko

Market Cap: zł687.6m

Designs, implements, and integrats software, information systems, and advanced industrial automation.

Vincorion

Market Cap: €835.0m

Develops and manufactures power and mechatronic solutions for defense platforms and aviation systems in Germany and internationally.

Telekom Networks Malawi

Market Cap: MK 354.6b

Provides telecommunication services to enterprises and individual customers in Malawi.

Moury Construct

Market Cap: €284.6m

Moury Construct SA, together with its subsidiaries, constructs and renovates residential and non-residential buildings in Belgium.

Quest Holdings

Market Cap: €671.3m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Freetrailer Group

Market Cap: €539.5m

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

Famous Brands

Market Cap: R5.1b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa.

HOMAG Group

Market Cap: €398.5m

Manufactures and sells machines and solutions for wood processing and timber construction industries worldwide.

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.

BAUER

Market Cap: €249.6m

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

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

Provides a range of banking and financial products and services to individuals, farmers, professionals, companies, private banking, and public authorities and associations in France.

Bijou Brigitte modische Accessoires

Market Cap: €321.5m

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

Envirotainer

Market Cap: €383.3m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

M+S Hydraulic AD

Market Cap: €205.1m

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

Zito d.o.o

Market Cap: €489.4m

Engages in the food and agricultural businesses in Croatia, Hungary, Italy, Serbia, Slovakia, Kosovo, and internationally.

Purple Group

Market Cap: R2.7b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Mangold Fondkommission

Market Cap: SEK 951.1m

Provides financial services to companies, institutions, and private individuals in Sweden.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €103.2m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Procimmo Group

Market Cap: CHF 432.4m

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

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €510.8m

Operates as a cooperative bank in France.

GROUPE SFPI

Market Cap: €143.8m

Designs, manufactures, and markets equipment for the safety industry in Europe and internationally.

Acsion

Market Cap: R4.2b

Engages in property holding and development activities in South Africa and internationally.

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.

Banco di Desio e della Brianza

Market Cap: €1.2b

Provides banking products and services to individuals and enterprises in Italy.

First National Bank of Botswana

Market Cap: P14.4b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Decora

Market Cap: zł744.6m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

Alumil Aluminium Industry

Market Cap: €184.1m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Suzhou Highfine Biotech

Market Cap: CN¥5.3b

Manufactures and sells chemicals for pharmaceutical research and development, and API production companies in China.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 93.5b

Processes heavy bitumen crude in Africa.

Henglin Home FurnishingsLtd

Market Cap: CN¥4.3b

Engages in research and development, manufacturing, and sales of home furnishing products in China and internationally.