Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Namibia Breweries

Market Cap: R6.3b

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

Security Federal

Market Cap: US$106.7m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

M+S Hydraulic AD

Market Cap: €203.1m

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

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.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Tchaikapharma High Quality Medicines AD

Market Cap: €872.7m

Develops, manufactures, and sells medicines in Bulgaria.

Procimmo Group

Market Cap: CHF 427.9m

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

Oxford Bank

Market Cap: US$104.0m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Southern Michigan Bancorp

Market Cap: US$118.8m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and government agencies primarily in the southwest and south-central Michigan communities.

MAPFRE Middlesea

Market Cap: €142.6m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Tri-County Financial Group

Market Cap: US$123.1m

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.

MKH Berhad

Market Cap: RM 530.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

Cahaya Aero Services

Market Cap: Rp3.8t

Provides cargo and ground handling services in Indonesia.

Cigniti Technologies

Market Cap: ₹30.2b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Etihad GO Telecom

Market Cap: ر.س3.0b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Innotech

Market Cap: JP¥29.2b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

MMTC

Market Cap: ₹78.3b

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

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.3b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.2b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Champion Building MaterialsLtd

Market Cap: NT$3.3b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Seef Properties B.S.C

Market Cap: ب.د49.3m

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

SML Mahindra

Market Cap: ₹54.9b

Manufactures and sells commercial vehicles and related parts in India and internationally.

BLS E-Services

Market Cap: ₹14.5b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

AGI Infra

Market Cap: ₹34.2b

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

KP Green Engineering

Market Cap: ₹15.2b

Engages in engineering and manufacture of steel structure in India.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك164.7m

Engages in insurance and reinsurance operations in Kuwait.

Changchun FAWAY Group Automobile Components

Market Cap: CN¥7.5b

Engages in the design, manufacture and sales of automotive interior and exterior parts and components in China.

Shenzhen Jdd Tech New Material

Market Cap: CN¥6.0b

Engages in the research, design, development, production and sale of modified polymer protective materials in China.

GTS Internasional

Market Cap: Rp3.1t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Goldiam International

Market Cap: ₹30.3b

Manufactures and sells gold/silver/platinum and diamond studded jewelry products in India.

Lan Fa Textile

Market Cap: NT$3.7b

Manufactures and sells polyester processed yarns in Taiwan, Mainland China, Thailand, Vietnam, South Korea, and internationally.

Daoming Optics&ChemicalLtd

Market Cap: CN¥7.9b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

Nippon Sharyo

Market Cap: JP¥49.6b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.