Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Kuwait Insurance CompanyK.P

Market Cap: د.ك119.0m

Provides various insurance products and services in Kuwait.

First Investment Company K.S.C.P

Market Cap: د.ك54.4m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.3b

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

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.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft54.2b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.

Analyst I.M.S. Investment Management Services

Market Cap: ₪2.0b

A publicly owned investment manager.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺6.7b

Operates as an asset management company in Turkey.

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Union Bankshares

Market Cap: US$114.1m

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

Telekom Networks Malawi

Market Cap: MK 346.1b

Provides telecommunication services to enterprises and individual customers in Malawi.

Bank of Africa Mali

Market Cap: XOF 113.8b

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

Epsilon Energy

Market Cap: US$141.1m

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.

Itafos

Market Cap: CA$585.5m

Operates as a phosphate and specialty fertilizer company.

Chilanga Cement

Market Cap: K16.0b

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

Affinity Bancshares

Market Cap: US$125.5m

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

First Northern Community Bancorp

Market Cap: US$213.6m

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.

Central Forest Group

Market Cap: JP¥22.2b

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

Pure Cycle

Market Cap: US$287.6m

Provides water and wastewater services in the United States.

Seneca Foods

Market Cap: US$802.4m

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €91.2m

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

A3 Mercados

Market Cap: AR$807.9b

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 465.8b

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

ANSA Merchant Bank

Market Cap: TT$2.4b

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

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.

BAUER

Market Cap: €249.6m

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

ASA Gold and Precious Metals

Market Cap: US$1.3b

A publicly owned investment manager.

Soma Gold

Market Cap: CA$256.0m

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 79.7b

Processes heavy bitumen crude in Africa.

Southern Michigan Bancorp

Market Cap: US$115.5m

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.

Grendene

Market Cap: R$4.3b

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

Senstar Technologies

Market Cap: US$102.0m

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

Nexa Resources AtacochaA

Market Cap: S/602.8m

Operates as a mining company worldwide.

First Bancorp

Market Cap: US$308.3m

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

Standard Bank

Market Cap: MK 998.2b

Provides banking and other related services in Malawi.

Tri-County Financial Group

Market Cap: US$117.6m

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.