Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Hua Na Hydropower

Market Cap: ₫5.3t

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

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.

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.

Canal Shipping Agencies

Market Cap: ج.م8.4b

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

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.

Singapura Finance

Market Cap: S$129.3m

Provides finance services in Singapore.

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

Market Cap: Mex$31.4b

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

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

NameSilo Technologies

Market Cap: US$104.4m

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

BAUER

Market Cap: €245.3m

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

Pure Cycle

Market Cap: US$237.8m

Provides water and wastewater services in the United States.

First Bancorp

Market Cap: US$312.4m

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

Namibia Breweries

Market Cap: R6.3b

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

Transnational

Market Cap: ₦487.8b

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

Telekom Networks Malawi

Market Cap: MK 356.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

Winchester Bancorp

Market Cap: US$119.9m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Chilanga Cement

Market Cap: K15.9b

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

Ouro Fino Saúde Animal Participações

Market Cap: R$1.5b

Engages in the development, production, and sale of veterinary drugs, vaccines, and other products for production and companion animals primarily in Brazil.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Central Forest Group

Market Cap: JP¥22.7b

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

Grendene

Market Cap: R$4.2b

Engages in the development, production, distribution, sale, and market of plastic footwear in Brazil, North America, Asia, Oceania, Europe, Central and South America, the Middle East, and Africa.

Seneca Foods

Market Cap: US$1.0b

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 638.7b

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

Union Bankshares

Market Cap: US$107.3m

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

Empresas Lipigas

Market Cap: CL$929.0b

Provides energy solutions through the marketing, distribution, and sale of liquefied petroleum gas (LPG), natural gas (NG), liquefied natural gas (LNG), and electricity for residential, commercial, and industrial use in Chile, Colombia, Peru, and Ecuador.

GB Holdings

Market Cap: US$55.2m

Produces rubber and chemical products in Zimbabwe.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 95.5b

Processes heavy bitumen crude in Africa.

HOMAG Group

Market Cap: €389.1m

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

Envirotainer

Market Cap: €386.3m

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

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.

ASA Gold and Precious Metals

Market Cap: US$1.1b

A publicly owned investment manager.