Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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.

M+S Hydraulic AD

Market Cap: €199.1m

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

Master Drilling Group

Market Cap: R2.7b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Acsion

Market Cap: R4.1b

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Tchaikapharma High Quality Medicines AD

Market Cap: €891.9m

Develops, manufactures, and sells medicines in Bulgaria.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

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/1.3b

Operates as a mining company worldwide.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Changchai Company

Market Cap: CN¥3.9b

Produces and sells small and medium-sized single cylinder and multi-cylinder diesel engines under the Changchai brand in the People’s Republic of China and internationally.

Kyung Dong Pharmaceutical

Market Cap: ₩154.1b

Manufactures and sells pharmaceuticals in South Korea.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Shanghai Shentong MetroLtd

Market Cap: CN¥3.9b

Engages in the public transportation operation and maintenance management business in China.

Tech Semiconductors

Market Cap: CN¥7.5b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.1b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Timex Group India

Market Cap: ₹31.7b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Synmosa Biopharma

Market Cap: NT$16.1b

A specialty pharmaceutical company, engages in the manufacturing and sales of various pharmaceuticals and medical devices in Taiwan, China, the United States, Canada, Thailand, Malaysia, Singapore, and internationally.

ITCENGLOBAL

Market Cap: ₩1.2t

Engages in the provision of consulting, ICT, and outsourcing services and solutions in South Korea.

Royal Ceramics Lanka

Market Cap: LK₨52.3b

Manufactures and sells wall and floor tiles in Sri Lanka.

Purple Group

Market Cap: R2.8b

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.

Shanghai New Power Automotive Technology

Market Cap: CN¥10.9b

Engages in the production and sale of diesel engines and parts in China.

Xinya Electronic

Market Cap: CN¥7.8b

Manufactures and sells wires and cables in China and internationally.

Monolithisch India

Market Cap: ₹10.2b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Advancetek EnterpriseLtd

Market Cap: NT$10.6b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

Wan Hwa Enterprise

Market Cap: NT$4.9b

Engages in the real estate business in Taiwan.

Triocean Industrial Corporation

Market Cap: NT$4.9b

Triocean Industrial Corporation Co., Ltd.

Korea Ratings

Market Cap: ₩459.5b

Provides credit rating and business valuation services in South Korea.

Zkteco

Market Cap: CN¥8.1b

Provides biometric solutions and AI cognitive spatial intelligence technologies.

New Mauritius Hotels

Market Cap: MU₨7.3b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Maxigen Biotech

Market Cap: NT$3.7b

Researches, develops, produces, and sells implantable medical devices in Taiwan, America, Europe, rest of Asia, and internationally.

Bonraybio

Market Cap: NT$4.1b

A development stage company, manufactures medical instruments and solutions for the male infertility market.