Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Baazeem Trading

Market Cap: ر.س592.3m

Operates as a FMCG distribution company.

Jamuna Bank

Market Cap: ৳15.4b

Provides various banking products and services in Bangladesh.

Gulf Insurance Group - Jordan

Market Cap: د.أ82.9m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س900.2m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

National Environmental Recycling

Market Cap: ر.س886.1m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Saudi Chemical Holding

Market Cap: ر.س6.2b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

Nofoth Food Products

Market Cap: ر.س1.3b

Produces and sells bakery products in Saudi Arabia.

MOBI Industry

Market Cap: ر.س650.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك43.2m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك38.9m

A private equity firm specializing in direct and fund investments.

Najran Cement

Market Cap: ر.س1.4b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك402.5m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Linde Bangladesh

Market Cap: ৳13.7b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳18.3b

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

Sure Global Tech

Market Cap: ر.س632.5m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.4b

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

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.7m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

National Investments Company K.S.C.P

Market Cap: د.ك203.2m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك179.3m

Engages in insurance and reinsurance operations in Kuwait.

Jordanian Duty Free Shops

Market Cap: د.أ157.5m

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

Izmir Firça Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺10.1b

Produces and sells various cleaning materials and painting brushes in Turkey and internationally.

Reitar Logtech Holdings

Market Cap: US$282.2m

Through its subsidiaries, provides construction management and engineering design services.

Nigerian Aviation Handling

Market Cap: ₦191.0b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Vakif Gayrimenkul Yatirim Ortakligi

Market Cap: ₺8.4b

A real estate investment trust.

Purple Group

Market Cap: R2.3b

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.

Eurofins-Cerep

Market Cap: €88.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 300.8b

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

Acsion

Market Cap: R3.4b

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

La Forestière Equatoriale

Market Cap: €118.7m

Does not have any significant operations.

Lampsa Hellenic Hotels

Market Cap: €854.6m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺9.4b

Produces and trades in frozen and canned products in Turkey.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺6.0b

Operates as a guardrail supplier company in Turkey.