Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cashmere Valley Bank

Market Cap: US$253.3m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Vidhi Specialty Food Ingredients

Market Cap: ₹13.6b

Engages in the manufacture and trading of synthetic food colors.

Hind Rectifiers

Market Cap: ₹25.4b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

TSTE

Market Cap: ฿4.0b

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

Taiyo KagakuLtd

Market Cap: JP¥49.5b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Insolation Energy

Market Cap: ₹20.5b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Cahaya Aero Services

Market Cap: Rp4.0t

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

Monarch Networth Capital

Market Cap: ₹21.1b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Sakar Healthcare

Market Cap: ₹12.1b

Research, develops, manufactures, and sells pharmaceutical products in India.

Lippo Cikarang

Market Cap: Rp3.2t

Develops real estate and industrial estate projects in Indonesia.

BLS E-Services

Market Cap: ₹12.9b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

SML Mahindra

Market Cap: ₹57.3b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Surya Citra Media

Market Cap: Rp17.1t

Provides multimedia services in Indonesia.

3B Blackbio Dx

Market Cap: ₹10.8b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Shipping Corporation of India

Market Cap: ₹110.2b

A marginal liner shipping company, engages in the business of transporting goods in India.

Cairo Amman Bank

Market Cap: د.أ276.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

New Peoples Bankshares

Market Cap: US$101.3m

Operates as a financial holding company for New Peoples Bank, Inc.

Tri-County Financial Group

Market Cap: US$123.1m

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.

Security Federal

Market Cap: US$113.2m

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

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Oxford Bank

Market Cap: US$105.2m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Nestlé Pakistan

Market Cap: PK₨357.9b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Ramco Industries

Market Cap: ₹22.5b

Engages in the building products, textiles, and power generation businesses in India.

Dwi Guna Laksana

Market Cap: Rp2.9t

Engages in the coal mining and trading business in Indonesia.

Bank Ganesha

Market Cap: Rp2.9t

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

Yulie Sekuritas Indonesia

Market Cap: Rp5.3t

Operates as a securities company in Indonesia.

Cisadane Sawit Raya

Market Cap: Rp1.9t

Engages in the oil palm plantation business in Indonesia and internationally.

Transnational

Market Cap: ₦490.8b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Citra Tubindo

Market Cap: Rp4.6t

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

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.