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.

Cairo Amman Bank

Market Cap: د.أ272.0m

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

Taiyo KagakuLtd

Market Cap: JP¥49.1b

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

Genesys Logic

Market Cap: NT$8.6b

Engages in the designing, manufacturing, testing, and sale of integrated circuits, semiconductors, digital communication products, computer equipment and relevant products, and computer program designing solutions in Taiwan, China, the United States, and internationally.

Kuwait Insurance CompanyK.P

Market Cap: د.ك110.0m

Provides various insurance products and services in Kuwait.

Padma Oil

Market Cap: ৳17.7b

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

Vivo Energy Mauritius

Market Cap: MU₨13.0b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ662.4m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ76.7m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك170.0m

Engages in insurance and reinsurance operations in Kuwait.

Jamuna Bank

Market Cap: ৳23.1b

Provides various banking products and services in Bangladesh.

Sun

Market Cap: MU₨7.6b

Operates in the tourism sector.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

New Mauritius Hotels

Market Cap: MU₨7.7b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Yunnan Jinxun Resources

Market Cap: HK$5.3b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Onix Solar Energy

Market Cap: ₹14.9b

Engages in the trading of non-ferrous metals in India.

Fengyinhe Holdings

Market Cap: HK$2.4b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft49.0b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.

Telekom Networks Malawi

Market Cap: MK 360.2b

Provides telecommunication services to enterprises and individual customers in Malawi.

Medinice

Market Cap: zł377.0m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Freetrailer Group

Market Cap: €714.8m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺11.5b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Dekpol

Market Cap: zł714.2m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Empresas Lipigas

Market Cap: CL$954.1b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

MCH Group

Market Cap: CHF 139.7m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Alumil Aluminium Industry

Market Cap: €217.8m

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

Chilanga Cement

Market Cap: K16.2b

Engages in the manufacture and sale of cement products in Zambia.

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.

Lee's Pharmaceutical Holdings

Market Cap: HK$871.5m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Palasino Holdings

Market Cap: HK$1.7b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Yibin City Commercial Bank

Market Cap: HK$12.1b

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

Mendelson Infrastructures & Industries

Market Cap: ₪580.8m

Engages in the supply of conduction and flow products in Israel.