Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Grendene

Market Cap: R$4.5b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

First Northern Community Bancorp

Market Cap: US$212.8m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Telekom Networks Malawi

Market Cap: MK 353.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

Sound Financial Bancorp

Market Cap: US$112.0m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

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.

Bank of Africa Mali

Market Cap: XOF 120.6b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Cashmere Valley Bank

Market Cap: US$253.8m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

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.

ANSA Merchant Bank

Market Cap: TT$2.1b

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

FRoSTA

Market Cap: €656.7m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

NameSilo Technologies

Market Cap: US$112.5m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Affinity Bancshares

Market Cap: US$122.9m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Seneca Foods

Market Cap: US$810.0m

Provides packaged fruits and vegetables in the United States and internationally.

Pure Cycle

Market Cap: US$279.0m

Provides water and wastewater services in the United States.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 460.9b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Security Federal

Market Cap: US$104.6m

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

Winchester Bancorp

Market Cap: US$102.4m

Focuses on operating as the bank holding company for Winchester Savings Bank, which provides banking products and services in Massachusetts.

Standard Bank

Market Cap: MK 998.0b

Provides banking and other related services in Malawi.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

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

Capricorn Group

Market Cap: R13.2b

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

Central Forest Group

Market Cap: JP¥22.2b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Intellego Technologies

Market Cap: SEK 1.6b

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

Hemlo Mining

Market Cap: CA$1.8b

Operates as a gold production company.

BAUER

Market Cap: €258.2m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Namibia Breweries

Market Cap: R6.2b

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

Southern Michigan Bancorp

Market Cap: US$115.1m

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.

Oakworth Capital

Market Cap: US$190.7m

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

First Bancorp

Market Cap: US$306.9m

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

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Franklin Financial Services

Market Cap: US$225.8m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Productive Business Solutions

Market Cap: US$160.0m

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Vidhi Specialty Food Ingredients

Market Cap: ₹15.5b

Engages in manufacture and trading of synthetic food colors.