Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Namibia Breweries

Market Cap: R6.2b

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

Jadranski naftovod d.d

Market Cap: €806.1m

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

Era Media Sejahtera

Market Cap: Rp2.8t

Operates as an advertising media company in Indonesia.

Liburnia Riviera Hoteli d.d

Market Cap: €154.3m

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

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

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

Productive Business Solutions

Market Cap: US$150.6m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

GTS Internasional

Market Cap: Rp4.6t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Qassim Cement

Market Cap: ر.س4.5b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س972.7m

Produces and sells bakery products in Saudi Arabia.

Nextronics Engineering

Market Cap: NT$4.3b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Camelot Electronics TechnologyLtd

Market Cap: CN¥4.3b

Engages in the research, production, and sale of printed circuit boards for intelligent electric vehicles in China and internationally.

Guangdong Green Precision Components

Market Cap: CN¥5.8b

Guangdong Green Precision Components Co., Ltd.

Baazeem Trading

Market Cap: ر.س613.6m

Operates as a FMCG distribution company.

Oriental Precision & EngineeringLtd

Market Cap: ₩364.4b

Oriental Precision & Engineering Co.,Ltd.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.5b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

Southern Michigan Bancorp

Market Cap: US$110.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Oakworth Capital

Market Cap: US$180.2m

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

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Thai Steel Cable

Market Cap: ฿3.9b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

LanZhou Foci PharmaceuticalLtd

Market Cap: CN¥4.3b

Research and development, production, and sales of traditional chinese medicines and health products in China.

MOBI Industry

Market Cap: ر.س560.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Poly Plastic Masterbatch (SuZhou)Ltd

Market Cap: CN¥5.6b

Engages in the research and development, production, and sale of chemical fiber solution colorings and advanced functional modified materials in China and internationally.

Banyan Tree Holdings

Market Cap: S$537.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Abans Financial Services

Market Cap: ₹10.2b

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

JiangXi BaiSheng Intelligent Technology

Market Cap: CN¥3.4b

JiangXi BaiSheng Intelligent Technology Co., Ltd.

China Post Technology

Market Cap: CN¥7.5b

Engages in the research and development, design, production, sale, and related servicing of intelligent logistics systems in China.

Vietnam National Reinsurance

Market Cap: ₫4.1t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ79.3m

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

Scoda Tubes

Market Cap: ₹9.3b

Manufactures and sells stainless steel pipes and tubes in India and internationally.

Shangri-La Hotel

Market Cap: ฿5.5b

Operates hotels in Bangkok and Chiang Mai provinces.

First Investment Company K.S.C.P

Market Cap: د.ك58.4m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

An Phat Bioplastics

Market Cap: ₫3.2t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Park Medi World

Market Cap: ₹63.9b

Operates a network of hospitals.

Shenzhen Jdd Tech New Material

Market Cap: CN¥5.7b

Engages in the research, design, development, production and sale of modified polymer protective materials in China.