Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Standard Bank

Market Cap: MK 996.0b

Provides banking and other related services in Malawi.

Canal Shipping Agencies

Market Cap: ج.م8.8b

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 104.5b

Processes heavy bitumen crude in Africa.

Telekom Networks Malawi

Market Cap: MK 358.7b

Provides telecommunication services to enterprises and individual customers in Malawi.

FRoSTA

Market Cap: €654.0m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

Chilanga Cement

Market Cap: K16.2b

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك38.1m

Engages in managing real estate projects in Kuwait.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

Onix Solar Energy

Market Cap: ₹14.4b

Engages in the trading of non-ferrous metals in India.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

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

Practic

Market Cap: RON 825.6m

Engages in the lease and sublease of real estate properties in Romania.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك46.3m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك169.1m

Engages in insurance and reinsurance operations in Kuwait.

Security Federal

Market Cap: US$111.6m

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك373.3m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

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

Market Cap: د.ك46.2m

A private equity firm specializing in direct and fund investments.

National Investments Company K.S.C.P

Market Cap: د.ك220.6m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Capricorn Group

Market Cap: R13.3b

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك108.3m

Provides various insurance products and services in Kuwait.

First Investment Company K.S.C.P

Market Cap: د.ك49.1m

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

Oakworth Capital

Market Cap: US$196.0m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Compañía Electro Metalúrgica

Market Cap: CL$560.6b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

FnGuide

Market Cap: ₩232.8b

Engages in development and provision of programs related to securities investment information and financial information.

SAN Holdings

Market Cap: JP¥33.2b

Provides funeral services in Japan.

Anfu CE LINK

Market Cap: CN¥4.2b

Researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products.

Tibet Development

Market Cap: CN¥2.8b

Engages in the production and sale of beer in China.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.4b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

House of Investments

Market Cap: ₱7.4b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Chuo WarehouseLtd

Market Cap: JP¥31.2b

Provides various logistics services in Japan and internationally.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.6b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

Soliton Systems K.K

Market Cap: JP¥37.0b

A technology company, provides IT security-related and embedded systems in Japan and internationally.