Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

Liburnia Riviera Hoteli d.d

Market Cap: €152.8m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Quest Holdings

Market Cap: €723.4m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Cyprus Cement

Market Cap: €186.5m

Engages in the production and sale of cement and related businesses in Cyprus.

Alumil Aluminium Industry

Market Cap: €212.6m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Envipro Holdings

Market Cap: JP¥26.6b

Through its subsidiaries, engages in the resource recycling, global trading, and lithium-ion battery recycling businesses in Japan and internationally.

Konishi

Market Cap: JP¥83.8b

Manufactures and sells synthetic adhesives in Japan.

Ensuiko Sugar Refining

Market Cap: JP¥16.0b

Manufactures and sells sugar products in Japan.

MicroAd

Market Cap: JP¥22.7b

Operates an advertising platform that connects advertisers and the media in Japan.

Innotech

Market Cap: JP¥33.1b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

Komori

Market Cap: JP¥92.1b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Tri-County Financial Group

Market Cap: US$121.9m

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.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Soliton Systems K.K

Market Cap: JP¥38.7b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

Techno Ryowa

Market Cap: JP¥159.1b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

CMC

Market Cap: JP¥24.0b

Provides manual creation, business process management, training, translation, and interpretation services in Japan and internationally.

E J Holdings

Market Cap: JP¥33.4b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

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.

Taiyo KagakuLtd

Market Cap: JP¥50.1b

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

Ebara JitsugyoLtd

Market Cap: JP¥68.9b

Manufactures and sells environmentally related products in Japan.

Morris State Bancshares

Market Cap: US$275.7m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Hoshi Iryo-Sanki

Market Cap: JP¥15.9b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Nice

Market Cap: JP¥26.2b

Distributes building materials and housing equipment in Japan.

Changzhou Nrb

Market Cap: CN¥7.8b

Engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally.

Araya Industrial

Market Cap: JP¥22.2b

Manufactures and sells steel products in Japan and internationally.

Central Forest Group

Market Cap: JP¥22.5b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Toho Bank

Market Cap: JP¥178.4b

Provides various banking products and services in Japan.

Cyber Security Cloud

Market Cap: JP¥17.2b

Provides web application security services worldwide.

Nippon Sharyo

Market Cap: JP¥61.7b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Pacific Metals

Market Cap: JP¥53.7b

Produces and sells ferro-nickel and ferro-nickel slag products in Japan and internationally.

AJIS

Market Cap: JP¥37.4b

Provides retail support services in Japan and internationally.

Techno Smart

Market Cap: JP¥23.5b

Provides liquid crystal-related film and cast film manufacturing devices.

Ascentech K.K

Market Cap: JP¥18.7b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Maezawa Kasei Industries

Market Cap: JP¥34.5b

Produces and sells water and sewerage related products, and environmental equipment.