Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م33.1b

Produces and sells fertilizers.

Payton Industries

Market Cap: ₪538.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م26.5b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.3b

Provides various banking products and services in Egypt.

Energy World

Market Cap: AU$204.4m

An independent energy company, engages in the development, production, and sale of power and liquefied natural gas in the Asia Pacific region.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

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

Nigerian Aviation Handling

Market Cap: ₦213.4b

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

Union Bankshares

Market Cap: US$108.1m

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

Y.D. More Investments

Market Cap: ₪4.1b

A privately owned Investment Manager.

Amir Marketing and Investments in Agriculture

Market Cap: ₪430.2m

Supplies and markets agricultural inputs in Israel.

Terminal X Online

Market Cap: ₪838.1m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

C. Mer Industries

Market Cap: ₪418.3m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Mendelson Infrastructures & Industries

Market Cap: ₪610.9m

Engages in the supply of conduction and flow products in Israel.

Central Forest Group

Market Cap: JP¥22.8b

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

Canal Shipping Agencies

Market Cap: ج.م10.5b

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

Analyst I.M.S. Investment Management Services

Market Cap: ₪2.1b

A publicly owned investment manager.

Alantra Partners

Market Cap: €310.6m

Engages in the investment banking and asset management services in Spain and internationally.

Epsilon Energy

Market Cap: US$118.1m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Wema Bank

Market Cap: ₦764.3b

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

Soma Gold

Market Cap: CA$193.5m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Standard Bank

Market Cap: MK 998.4b

Provides banking and other related services in Malawi.

Transcorp Power

Market Cap: ₦2.3t

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

Telekom Networks Malawi

Market Cap: MK 363.2b

Provides telecommunication services to enterprises and individual customers in Malawi.

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €91.2m

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

Transnational Corporation of Nigeria

Market Cap: ₦416.6b

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

Itafos

Market Cap: CA$575.8m

Operates as a phosphate and specialty fertilizer company.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

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

ANSA Merchant Bank

Market Cap: TT$2.4b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Maistra d.d

Market Cap: €645.7m

Engages in the hotel business in Croatia.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

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.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.