Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.5b

Provides various banking products and services in Egypt.

Empresas Lipigas

Market Cap: CL$943.4b

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

Central Forest Group

Market Cap: JP¥22.4b

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.2b

Produces and sells fertilizers.

Canal Shipping Agencies

Market Cap: ج.م9.3b

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

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

Market Cap: ج.م24.8b

Engages in the establishment and management of technology zones, scientific incubators, and training centers for the preparation of researchers, transfer technology, and related services in Egypt.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Tri-County Financial Group

Market Cap: US$119.0m

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.

ASA Gold and Precious Metals

Market Cap: US$1.4b

A publicly owned investment manager.

Oakworth Capital

Market Cap: US$188.7m

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

Sparta

Market Cap: €129.4m

A publicly owned investment manager.

Union Bankshares

Market Cap: US$112.7m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Itafos

Market Cap: CA$597.1m

Operates as a phosphate and specialty fertilizer company.

Envirotainer

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Pure Cycle

Market Cap: US$285.5m

Provides water and wastewater services in the United States.

Intellego Technologies

Market Cap: SEK 1.6b

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

NameSilo Technologies

Market Cap: US$111.5m

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

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.

Soma Gold

Market Cap: CA$270.1m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Seneca Foods

Market Cap: US$799.7m

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

Franklin Financial Services

Market Cap: US$214.1m

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.

Senstar Technologies

Market Cap: US$102.7m

Provides physical, video, and access control security products and solutions worldwide.

Epsilon Energy

Market Cap: US$141.7m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

First Northern Community Bancorp

Market Cap: US$212.6m

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.

Cashmere Valley Bank

Market Cap: US$254.6m

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

Freetrailer Group

Market Cap: €838.8m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Sound Financial Bancorp

Market Cap: US$112.2m

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

Namibia Breweries

Market Cap: R6.2b

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

Jadranski naftovod d.d

Market Cap: €780.9m

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

Hemlo Mining

Market Cap: CA$2.1b

Operates as a gold production company.

Practic

Market Cap: RON 950.3m

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.