Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺19.6b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Evergent Investments

Market Cap: RON 2.4b

A publicly owned investment manager.

Dn Agrar Group

Market Cap: RON 440.7m

Engages in the production of cow milk.

Nigerian Aviation Handling

Market Cap: ₦207.6b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Acsion

Market Cap: R3.6b

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

Master Drilling Group

Market Cap: R2.3b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

MCH Group

Market Cap: CHF 95.8m

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

Purple Group

Market Cap: R2.8b

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.

Performance Technologies

Market Cap: €97.8m

Provides production and marketing of it products, solutions and services, in Greece.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺10.3b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.8b

Operates as an asset management company.

Famous Brands

Market Cap: R5.6b

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.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺33.5b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

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

SALUS Ljubljana d. d

Market Cap: €386.3m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

First National Bank of Botswana

Market Cap: P13.9b

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

Mackolik Internet Hizmetleri Ticaret

Market Cap: ₺4.3b

Mackolik Internet Hizmetleri Ticaret A.S.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft49.1b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.

Dekpol

Market Cap: zł675.7m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Transnational Corporation of Nigeria

Market Cap: ₦426.8b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

First Investment Bank AD

Market Cap: лв745.4m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Central Cooperative Bank AD

Market Cap: лв226.3m

A commercial bank, provides various financial products and services.

VNV Global

Market Cap: SEK 2.8b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

Wema Bank

Market Cap: ₦758.2b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Capricorn Group

Market Cap: R13.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Maistra d.d

Market Cap: €623.8m

Engages in the hotel business in Croatia.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

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

Smart Organic AD

Market Cap: лв351.6m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.2b

Marmaris Altinyunus Turistik Tesisler A.S.

Transcorp Power

Market Cap: ₦2.3t

Engages in the generation and sale of electric power in Nigeria and internationally.