Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Corporación Financiera Colombiana

Market Cap: Col$5.7t

Operates as a private financial institution in Columbia and Central America.

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Krishana Phoschem

Market Cap: ₹29.0b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

GOCL

Market Cap: ₹11.1b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

JB Foods

Market Cap: S$227.0m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Bank Ganesha

Market Cap: Rp2.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Najran Cement

Market Cap: ر.س1.0b

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

Saudi Chemical Holding

Market Cap: ر.س6.2b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س742.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Jordanian Duty Free Shops

Market Cap: د.أ148.1m

Invests in, operates, and manages duty-free shops.

Tri-County Financial Group

Market Cap: US$123.1m

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.

Nofoth Food Products

Market Cap: ر.س838.3m

Produces and sells bakery products in Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

MOBI Industry

Market Cap: ر.س610.0m

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

Sakar Healthcare

Market Cap: ₹11.2b

Research, develops, manufactures, and sells pharmaceutical products in India.

Ramco Industries

Market Cap: ₹20.9b

Engages in the building products, textiles, and power generation businesses in India.

TechNVision Ventures

Market Cap: ₹35.8b

Provides information technology products and services in India and internationally.

3B Blackbio Dx

Market Cap: ₹10.6b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Shipping Corporation of India

Market Cap: ₹102.1b

A marginal liner shipping company, engages in the business of transporting goods in India.

KP Green Engineering

Market Cap: ₹16.9b

Engages in engineering and manufacture of steel structure in India.

BLS E-Services

Market Cap: ₹13.7b

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

MMTC

Market Cap: ₹83.6b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Taiyo KagakuLtd

Market Cap: JP¥46.8b

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

Onix Solar Energy

Market Cap: ₹18.3b

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

Changjiu Holdings

Market Cap: HK$1.1b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Yibin City Commercial Bank

Market Cap: HK$12.1b

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

PC Jeweller

Market Cap: ₹62.9b

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

Hind Rectifiers

Market Cap: ₹24.7b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

AB Akola Group

Market Cap: €291.6m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

First Bancorp

Market Cap: US$302.9m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

SALUS Ljubljana d. d

Market Cap: €579.5m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia 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.