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.

Cairo Amman Bank

Market Cap: د.أ270.0m

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

Li Ming Development Construction

Market Cap: NT$3.7b

Li Ming Development Construction Co., Ltd.

Padma Oil

Market Cap: ৳17.7b

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

Colorado

Market Cap: د.م1.5b

Manufactures and distributes various paints in Morocco and internationally.

Cita Mineral Investindo

Market Cap: Rp18.2t

Engages in bauxite mining activities in Indonesia.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

National Investments Company K.S.C.P

Market Cap: د.ك220.6m

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك108.3m

Provides various insurance products and services in Kuwait.

Wison Engineering Services

Market Cap: HK$1.4b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Grade Upon Technology

Market Cap: NT$22.7b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.

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

Market Cap: د.ك46.2m

A private equity firm specializing in direct and fund investments.

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.

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.

Joyce

Market Cap: AU$155.2m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

AblePrint Technology

Market Cap: NT$41.9b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Onix Solar Energy

Market Cap: ₹14.4b

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

Practic

Market Cap: RON 825.6m

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

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.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.4m

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

Canal Shipping Agencies

Market Cap: ج.م9.1b

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

ANSA Merchant Bank

Market Cap: TT$2.1b

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

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺19.0b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 109.1b

Processes heavy bitumen crude in Africa.

Empresas Lipigas

Market Cap: CL$939.3b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Dekpol

Market Cap: zł709.1m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Alantra Partners

Market Cap: €345.5m

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

Purple Group

Market Cap: R2.8b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

MCH Group

Market Cap: CHF 134.8m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

New Mauritius Hotels

Market Cap: MU₨7.6b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.6b

Operates in the tourism sector.

Telekom Networks Malawi

Market Cap: MK 358.9b

Provides telecommunication services to enterprises and individual customers in Malawi.

Standard Bank

Market Cap: MK 996.1b

Provides banking and other related services in Malawi.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft47.5b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.