Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك190.2m

Engages in insurance and reinsurance operations in Kuwait.

Hospital Corporation of China

Market Cap: HK$791.7m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

9649273 Jordanian Duty Free Shops invests in, operates, and manages duty-free shops.

Sun

Market Cap: MU₨7.8b

Operates in the tourism sector.

Standard Chartered Bank Kenya

Market Cap: KSh116.2b

Provides various banking products and services for individuals and businesses.

Baazeem Trading

Market Cap: ر.س690.5m

Operates as a FMCG distribution company.

Etihad GO Telecom

Market Cap: ر.س3.0b

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

Padma Oil

Market Cap: ৳16.5b

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

House of Investments

Market Cap: ₱7.0b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Cairo Amman Bank

Market Cap: د.أ300.0m

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

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

AB Akola Group

Market Cap: €307.3m

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.

Maistra d.d

Market Cap: €755.2m

Engages in the hotel business in Croatia.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺5.7b

Operates as an asset management company in Turkey.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

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

Purple Group

Market Cap: R3.5b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

FRoSTA

Market Cap: €615.9m

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

Master Drilling Group

Market Cap: R2.4b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Mendelson Infrastructures & Industries

Market Cap: ₪629.6m

Engages in the supply of conduction and flow products in Israel.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.5b

Marmaris Altinyunus Turistik Tesisler A.S.

Inmocemento

Market Cap: €1.7b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Quest Holdings

Market Cap: €735.2m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Alantra Partners

Market Cap: €356.1m

Engages in the investment banking and asset management services in Spain and internationally.

Acsion

Market Cap: R4.0b

Engages in property holding and development activities in South Africa and internationally.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م32.0b

Produces and sells fertilizers.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.9b

Processes heavy bitumen crude in Africa.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.8b

Operates in the tourism, construction, and energy sectors in Turkey.

Envirotainer

Market Cap: €401.0m

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

Bank of Africa Mali

Market Cap: XOF 107.1b

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

Standard Bank

Market Cap: MK 998.4b

Provides banking and other related services in Malawi.

Y.D. More Investments

Market Cap: ₪4.0b

A privately owned Investment Manager.

MCH Group

Market Cap: CHF 125.2m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €86.2m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Dekpol

Market Cap: zł786.1m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.