Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Onix Solar Energy

Market Cap: ₹14.5b

Engages in the trading of non-ferrous metals in India.

Tri-County Financial Group

Market Cap: US$123.6m

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.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

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

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.

Compañía Electro Metalúrgica

Market Cap: CL$560.6b

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

Security Federal

Market Cap: US$112.5m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

M+S Hydraulic AD

Market Cap: €207.0m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Synergy Innovation

Market Cap: ₩183.3b

Engages in the research and development, and investment of generic and new drugs, medical devices, and health functional foods in South Korea.

Gem-Year IndustrialLtd

Market Cap: CN¥5.3b

Engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally.

Xinjiang Torch Gas

Market Cap: CN¥3.5b

Operates as a gas service company in China.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

Xinya Electronic

Market Cap: CN¥7.4b

Manufactures and sells wires and cables in China and internationally.

Pacific Metals

Market Cap: JP¥54.4b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

Toho Bank

Market Cap: JP¥165.7b

Provides various banking products and services in Japan.

Etihad GO Telecom

Market Cap: ر.س2.9b

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

Aoxin Q & M Dental Group

Market Cap: S$203.6m

An investment holding company, provides private dental healthcare services in the People’s Republic of China.

MNtech

Market Cap: ₩283.7b

Manufactures and sells optical films for televisions in South Korea.

Techno Smart

Market Cap: JP¥22.9b

Provides liquid crystal-related film and cast film manufacturing devices.

Cyber Security Cloud

Market Cap: JP¥17.0b

Provides web application security services worldwide.

AJIS

Market Cap: JP¥37.4b

Provides retail support services in Japan and internationally.

Kuwait Insurance CompanyK.P

Market Cap: د.ك111.8m

Provides various insurance products and services in Kuwait.

Seef Properties B.S.C

Market Cap: ب.د53.8m

Engages in the real estate development business in the Kingdom of Bahrain.

Grade Upon Technology

Market Cap: NT$24.3b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.

Jinghua Pharmaceutical Group

Market Cap: CN¥6.4b

Engages in the research and development, manufacture, and sale of APIs and pharmaceutical intermediates in China.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Guangdong Tloong Technology GroupLtd

Market Cap: CN¥9.6b

Researches, develops, and sells various printing ink products in China and internationally.

Piccadily Agro Industries

Market Cap: ₹53.6b

Manufactures and develops alcoholic beverages in India.

Cota

Market Cap: JP¥36.4b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Envirotainer

Market Cap: €406.9m

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

Pasifik Eurasia Lojistik Dis Ticaret

Market Cap: ₺78.9b

Pasifik Eurasia Lojistik Dis Ticaret A.S.

Liburnia Riviera Hoteli d.d

Market Cap: €149.5m

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

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺5.0b

Operates as an asset management company in Turkey.