Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Surya Toto Indonesia

Market Cap: Rp2.4t

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

Y.D. More Investments

Market Cap: ₪1.6b

A privately owned Investment Manager.

Payton Industries

Market Cap: ₪501.7m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Formula Systems (1985)

Market Cap: ₪5.9b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Amir Marketing and Investments in Agriculture

Market Cap: ₪410.2m

Supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪357.9m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

First Investment Bank AD

Market Cap: лв757.4m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Hayleys

Market Cap: LK₨122.6b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.1b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Powertip Image

Market Cap: NT$5.4b

Manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally.

Rimoni Industries

Market Cap: ₪418.1m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Aura Investments

Market Cap: ₪5.1b

Together with its subsidiaries engages in locating, initiating, planning, and building projects in the field of residential real estate in Israel and internationally.

Brillian Network & Automation Integrated System

Market Cap: NT$8.2b

Brillian Network & Automation Integrated System Co.

Guangdong Delian Group

Market Cap: CN¥3.9b

Engages in the automobile fine chemicals, automobile sales service, and automobile repair and maintenance businesses, and development of new application scenarios in China.

Sinotherapeutics

Market Cap: CN¥4.8b

A specialty pharmaceutical company, develops generic and formulation products in China.

Sinopower Semiconductor

Market Cap: NT$3.8b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Ampire

Market Cap: NT$3.6b

Manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe.

Famous Brands

Market Cap: R6.4b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, Middle East, and Rest of Africa.

Mechema Chemicals International

Market Cap: NT$4.6b

Manufactures, imports, exports, and sells of cobalt and manganese and its compounds in Taiwan, China, Korea, Thailand, Malaysia, Indonesia, and internationally.

Central Finance

Market Cap: LK₨53.9b

Provides various financial solutions primarily in Sri Lanka.

Donpon Precision

Market Cap: NT$3.5b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.

SALUS Ljubljana d. d

Market Cap: €374.8m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

CHT Security

Market Cap: NT$11.9b

Provides cybersecurity services.

Showbox

Market Cap: ₩206.0b

Engages in the investment, production, and distribution of films in South Korea, North America, Asia, Europe, and internationally.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.1b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Reitar Logtech Holdings

Market Cap: US$307.2m

Through its subsidiaries, provides construction management and engineering design services.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

La Forestière Equatoriale

Market Cap: €120.1m

Does not have any significant operations.

Viohalco

Market Cap: €1.5b

Through its subsidiaries, manufactures, and sells aluminium, copper, cables, and steel and steel pipe products.

Chilanga Cement

Market Cap: K6.1b

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

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł795.7m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Oakworth Capital

Market Cap: US$162.1m

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

Itafos

Market Cap: CA$473.4m

Operates as a phosphate and specialty fertilizer company.

Decora

Market Cap: zł824.8m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.