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.

First Northern Community Bancorp

Market Cap: US$229.1m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Southern Michigan Bancorp

Market Cap: US$117.9m

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$196.0m

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

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥10.6b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

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.

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.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

New Peoples Bankshares

Market Cap: US$100.4m

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

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.

Hua Na Hydropower

Market Cap: ₫5.4t

Engages in the investment, production, and trading of electricity in Vietnam.

Streamax Technology

Market Cap: CN¥13.5b

Researches and develops, manufactures, and sells artificial intelligence (AI) powered mobile safety and industrial management solutions for commercial vehicles in China and internationally.

Grade Upon Technology

Market Cap: NT$23.1b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.

Brillian Network & Automation Integrated System

Market Cap: NT$12.7b

Brillian Network & Automation Integrated System Co.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Tohoku Steel

Market Cap: JP¥16.8b

Manufactures, processes, and distributes various types of special steel products in Japan.

E J Holdings

Market Cap: JP¥33.5b

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

Tait Marketing & Distribution

Market Cap: NT$3.7b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Lucky Cement

Market Cap: NT$6.2b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Suzhou Fengbei Biotech Stock

Market Cap: CN¥7.7b

Manufactures and sells resource-based products from utilization of natural oil and fat resources in China.

Sakar Healthcare

Market Cap: ₹11.6b

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

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.

Apacer Technology

Market Cap: NT$15.3b

Researches, designs, develops, manufactures, processes, maintains, and sells memory modules and storage memory devices in Hong Kong, Taiwan, Mainland China, the Americas, Japan, and internationally.

Sambhv Steel Tubes

Market Cap: ₹29.8b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Palasino Holdings

Market Cap: HK$1.9b

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

Nextronics Engineering

Market Cap: NT$5.6b

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

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

Taiyo KagakuLtd

Market Cap: JP¥51.4b

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

YFY

Market Cap: NT$43.6b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Banyan Tree Holdings

Market Cap: S$563.5m

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.

Dwi Guna Laksana

Market Cap: Rp2.3t

Engages in the coal mining and trading activities in Indonesia.

Bank Ganesha

Market Cap: Rp3.3t

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

M & A Equity Holdings Berhad

Market Cap: RM 390.1m

An investment holding company, engages in the financial services, investment holding, and property investment and development businesses in Malaysia.