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.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Namibia Breweries

Market Cap: R6.2b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Tri-County Financial Group

Market Cap: US$117.6m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Practic

Market Cap: RON 950.3m

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

Capricorn Group

Market Cap: R13.2b

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

Security Federal

Market Cap: US$103.8m

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

Darwin

Market Cap: €97.8m

Operates in the healthcare industry.

Morris State Bancshares

Market Cap: US$268.1m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Productive Business Solutions

Market Cap: US$188.2m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

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.

Nexa Resources AtacochaA

Market Cap: S/499.0m

Operates as a mining company worldwide.

Inverfal PerúA

Market Cap: S/1.9b

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

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.

Nestlé Pakistan

Market Cap: PK₨362.3b

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

CAC Holdings

Market Cap: JP¥34.9b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

Cota

Market Cap: JP¥32.1b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

PC Jeweller

Market Cap: ₹77.9b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Park Medi World

Market Cap: ₹66.5b

Operates a network of hospitals.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥6.1b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

Wholetech System Hitech

Market Cap: NT$10.1b

Provides system integration services in Taiwan, China, Japan, and Singapore.

Vinacomin - Power Holding

Market Cap: ₫8.7t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Hua Na Hydropower

Market Cap: ₫5.2t

Engages in the investment, production, and trading of electricity in Vietnam.

Envipro Holdings

Market Cap: JP¥28.3b

Through its subsidiaries, engages in the resource recycling, global trading, and lithium-ion battery recycling businesses in Japan and internationally.

Grade Upon Technology

Market Cap: NT$16.3b

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.

New Asia Construction & Development

Market Cap: NT$3.3b

Provides public construction services for governments in Taiwan.

OUG Holdings

Market Cap: JP¥21.3b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Center International GroupLtd

Market Cap: CN¥7.9b

Provides building metal enclosure systems solutions in China.

Marusan Securities

Market Cap: JP¥70.7b

Engages in the financial products trading business in Japan.

FALCO HOLDINGS

Market Cap: JP¥27.1b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Woori Technology Investment

Market Cap: ₩587.1b

A venture capital firm specializing in venture fund, mezzanine fund project fund, venture capital and small & medium companies investments.

Maxigen Biotech

Market Cap: NT$3.7b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.