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.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

Affinity Bancshares

Market Cap: US$126.3m

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

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.

Oxford Bank

Market Cap: US$104.0m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Seneca Foods

Market Cap: US$849.6m

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

Sound Financial Bancorp

Market Cap: US$111.4m

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

Franklin Financial Services

Market Cap: US$226.0m

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.

Epsilon Energy

Market Cap: US$152.5m

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.

Procimmo Group

Market Cap: CHF 378.4m

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

Bank of Africa Mali

Market Cap: XOF 122.2b

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

Tri-County Financial Group

Market Cap: US$121.8m

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.

NameSilo Technologies

Market Cap: US$130.6m

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

FRoSTA

Market Cap: €655.4m

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

Soma Gold

Market Cap: CA$254.9m

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

Telekom Networks Malawi

Market Cap: MK 359.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 105.3b

Processes heavy bitumen crude in Africa.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 544.3b

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

Standard Bank

Market Cap: MK 996.1b

Provides banking and other related services in Malawi.

Sparta

Market Cap: €138.2m

A publicly owned investment manager.

Cashmere Valley Bank

Market Cap: US$257.3m

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

Freetrailer Group

Market Cap: €726.3m

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

Grendene

Market Cap: R$4.4b

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

A3 Mercados

Market Cap: AR$718.4b

Operates as a market for negotiable securities in Argentina and internationally.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Envirotainer

Market Cap: €404.0m

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

Central Forest Group

Market Cap: JP¥22.7b

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

Southern Michigan Bancorp

Market Cap: US$119.0m

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.

Chilanga Cement

Market Cap: K16.2b

Engages in the manufacture and sale of cement products in Zambia.

First Bancorp

Market Cap: US$318.9m

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

First Northern Community Bancorp

Market Cap: US$230.0m

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.

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

Market Cap: ج.م23.1b

Provides various banking products and services in Egypt.

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.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م30.4b

Produces and sells fertilizers.

Pure Cycle

Market Cap: US$263.8m

Provides water and wastewater services in the United States.