Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

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

Bank Ganesha

Market Cap: Rp2.0t

Provides various general banking products and services for individuals and businesses in Indonesia.

Wison Engineering Services

Market Cap: HK$1.1b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Surya Toto Indonesia

Market Cap: Rp2.2t

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Top Union Electronics

Market Cap: NT$4.6b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Citra Tubindo

Market Cap: Rp2.0t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Central Cooperative Bank AD

Market Cap: лв199.6m

A commercial bank, provides various financial products and services.

Linde Bangladesh

Market Cap: ৳13.5b

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

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Jamuna Bank

Market Cap: ৳16.8b

Provides various banking products and services in Bangladesh.

Mandiri Herindo Adiperkasa

Market Cap: Rp2.8t

Provides mineral and coal transportation services in Indonesia.

Cardig Aero Services

Market Cap: Rp4.2t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp15.3t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Sinopower Semiconductor

Market Cap: NT$3.3b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Taiyo KagakuLtd

Market Cap: JP¥28.5b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Bakrie & Brothers

Market Cap: Rp5.5t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Padma Oil

Market Cap: ৳17.8b

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

Ampire

Market Cap: NT$3.5b

Manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to personal and business customers, and small and micro enterprises in the People’s Republic of China.

Sun

Market Cap: MU₨6.2b

Operates in the tourism sector.

Kwong Lung Enterprise

Market Cap: NT$7.8b

Engages in the manufacture and sale of apparel in Taiwan, China, Vietnam, and Japan.

Vivo Energy Mauritius

Market Cap: MU₨11.7b

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

AB Vilkyskiu pienine

Market Cap: €114.9m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Madhuveer Com 18 Network

Market Cap: ₹8.6b

Engages in the event management business in India.

Savior Lifetec

Market Cap: NT$5.6b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Summit Power

Market Cap: ৳15.6b

Engages in the generation and supply of electricity in Bangladesh.

Prima Andalan Mandiri

Market Cap: Rp18.0t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Resource Alam Indonesia

Market Cap: Rp2.1t

Engages in the coal mining business in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Pizu Group Holdings

Market Cap: HK$1.8b

An investment holding company, engages in the manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.