Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Oakworth Capital

Market Cap: US$188.2m

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

Southern Michigan Bancorp

Market Cap: US$111.1m

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.8m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Lungyen Life Service

Market Cap: NT$20.0b

Provides funeral facilities and services in Taiwan.

Taiyo KagakuLtd

Market Cap: JP¥44.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan 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.

Baazeem Trading

Market Cap: ر.س681.4m

Operates as a FMCG distribution company.

Hospital Corporation of China

Market Cap: HK$805.3m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Shangri-La Hotel

Market Cap: ฿5.9b

Operates hotels in Bangkok and Chiang Mai provinces.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

JiaXing Gas Group

Market Cap: HK$1.1b

Engages in the sale of piped natural gas (PNG) in Mainland China.

SML Mahindra

Market Cap: ₹64.2b

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

Scoda Tubes

Market Cap: ₹9.6b

Manufactures and sells stainless steel pipes and tubes in India and internationally.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Standard Chartered Bank Kenya

Market Cap: KSh113.1b

Provides various banking products and services for individuals and businesses.

Cahaya Aero Services

Market Cap: Rp5.3t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Najran Cement

Market Cap: ر.س1.1b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Nestlé Pakistan

Market Cap: PK₨363.5b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

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

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Soft-World International

Market Cap: NT$14.6b

Develops, operates, and distributes games in Taiwan and China.

Cisadane Sawit Raya

Market Cap: Rp1.9t

Engages in the oil palm plantation business in Indonesia and internationally.

Ibrahim Fibres

Market Cap: PK₨89.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Onix Solar Energy

Market Cap: ₹13.5b

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

Jamuna Bank

Market Cap: ৳21.1b

Provides various banking products and services in Bangladesh.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Advanced International Multitech

Market Cap: NT$11.2b

Advanced International Multitech Co., Ltd.

Padma Oil

Market Cap: ৳16.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Sun

Market Cap: MU₨7.6b

Operates in the tourism sector.

Practic

Market Cap: RON 950.3m

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

Sure Global Tech

Market Cap: ر.س473.9m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

MOBI Industry

Market Cap: ر.س568.5m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Cairo Amman Bank

Market Cap: د.أ304.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

House of Investments

Market Cap: ₱6.8b

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

Qassim Cement

Market Cap: ر.س4.6b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.