Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Citra Tubindo

Market Cap: Rp4.1t

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م32.8b

Produces and sells fertilizers.

GlaxoSmithKlineE

Market Cap: ج.م5.8b

Engages in production of pharmaceutical chemicals.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م18.1b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Solesence

Market Cap: US$260.8m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.4b

Provides various banking products and services in Egypt.

Senstar Technologies

Market Cap: US$114.3m

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.9m

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

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

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

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł892.5m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Zona Franca de Iquique

Market Cap: CL$227.7b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Grendene

Market Cap: R$4.7b

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

Oakworth Capital

Market Cap: US$162.2m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Soma Gold

Market Cap: CA$145.4m

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

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the real estate and cement businesses.

Deutsche Balaton

Market Cap: €238.1m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

Nigerian Aviation Handling

Market Cap: ₦243.3b

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

FineMark Holdings

Market Cap: US$446.0m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Sound Financial Bancorp

Market Cap: US$115.4m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Metalpha Technology Holding

Market Cap: US$122.0m

Provides wealth management services in Hong Kong.

Freetrailer Group

Market Cap: €695.8m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Valhi

Market Cap: US$415.5m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

SBS Philippines

Market Cap: ₱7.0b

Engages in chemical trading and distribution in the Philippines.

Alantra Partners

Market Cap: €323.5m

Engages in the investment banking and asset management services in Spain and internationally.

Dekpol

Market Cap: zł749.3m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

ANSA Merchant Bank

Market Cap: TT$2.7b

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

va-Q-tec

Market Cap: €404.0m

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €89.0m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Namibia Breweries

Market Cap: R6.0b

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

Bank of Africa Mali

Market Cap: XOF 119.8b

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