Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Inverfal PerúA

Market Cap: S/1.9b

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

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

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

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

Jadranski naftovod d.d

Market Cap: €826.3m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

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

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

Southern Michigan Bancorp

Market Cap: US$113.3m

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.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Nexa Resources AtacochaA

Market Cap: S/478.0m

Operates as a mining company worldwide.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Sun

Market Cap: MU₨7.8b

Operates in the tourism sector.

Insolation Energy

Market Cap: ₹26.4b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

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

Market Cap: ج.م24.9b

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.م21.4b

Provides various banking products and services in Egypt.

Intellego Technologies

Market Cap: SEK 1.6b

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

Padma Oil

Market Cap: ৳16.6b

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.3b

Produces and sells fertilizers.

Jamuna Bank

Market Cap: ৳21.2b

Provides various banking products and services in Bangladesh.

Nofoth Food Products

Market Cap: ر.س932.7m

Produces and sells bakery products in Saudi Arabia.

Baazeem Trading

Market Cap: ر.س656.1m

Operates as a FMCG distribution company.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

Canal Shipping Agencies

Market Cap: ج.م9.3b

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

Etihad GO Telecom

Market Cap: ر.س3.1b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Sure Global Tech

Market Cap: ر.س470.1m

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

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Cairo Amman Bank

Market Cap: د.أ294.0m

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

Qassim Cement

Market Cap: ر.س4.7b

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

Najran Cement

Market Cap: ر.س1.1b

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

MOBI Industry

Market Cap: ر.س542.5m

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

Timex Group India

Market Cap: ₹31.8b

Engages in designing, manufacturing, and trading of watches in India and internationally.

BLS E-Services

Market Cap: ₹16.6b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Ajman Bank PJSC

Market Cap: د.إ3.7b

Provides various banking products and services for individuals, businesses, and government institutions in the United Arab Emirates.

Park Medi World

Market Cap: ₹65.4b

Operates a network of hospitals.

AIICO Insurance

Market Cap: ₦155.6b

Provides risk underwriting and related financial services in Nigeria.

Transnational Corporation of Nigeria

Market Cap: ₦505.6b

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