Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Central Forest Group

Market Cap: JP¥22.2b

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

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Freetrailer Group

Market Cap: €810.2m

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

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.

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

Intellego Technologies

Market Cap: SEK 1.6b

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

Epsilon Energy

Market Cap: US$131.8m

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.

Union Bankshares

Market Cap: US$113.6m

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

Senstar Technologies

Market Cap: US$100.1m

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

Procimmo Group

Market Cap: CHF 373.9m

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

Productive Business Solutions

Market Cap: US$188.2m

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

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

Nexa Resources AtacochaA

Market Cap: S/520.0m

Operates as a mining company worldwide.

Najran Cement

Market Cap: ر.س1.1b

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

Komori

Market Cap: JP¥85.5b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Nofoth Food Products

Market Cap: ر.س905.0m

Produces and sells bakery products in Saudi Arabia.

Qassim Cement

Market Cap: ر.س4.7b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Darwin

Market Cap: €97.8m

Operates in the healthcare industry.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

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.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Hoang Huy Investment Financial Services

Market Cap: ₫13.8t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Southeast Asia Commercial Bank

Market Cap: ₫49.5t

Provides retail and corporate banking products and services in Vietnam.

Luxchem Corporation Berhad

Market Cap: RM 411.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Ubiquoss Holdings

Market Cap: ₩150.9b

Manufactures and sells wired Internet data transmission equipment, such as Ethernet switch, FTTH (fiber-to-the-home) solutions, and VDSL2 equipment.

Danang Port

Market Cap: ₫3.4t

Offers port services in Vietnam.

Ha Giang Mineral Mechanics

Market Cap: ₫2.9t

Explores, extracts, and process mineral ores, rare ores, metals, and non-ferrous metal ores in Vietnam and internationally.

Shenzhen Coship Electronics

Market Cap: CN¥9.4b

Engages in the manufacture and sale of smart home products and services worldwide.

Wuxi Xinan Technology

Market Cap: CN¥3.1b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars in China.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.3b

Guangdong Transtek Medical Electronics Co., Ltd.

Guangdong Sanhe Pile

Market Cap: CN¥4.8b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

Changjiu Holdings

Market Cap: HK$1.2b

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

VICOM

Market Cap: S$585.0m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.