Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Liburnia Riviera Hoteli d.d

Market Cap: €97.4m

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

Vivo Energy Mauritius

Market Cap: MU₨11.7b

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

Praise Victor Industrial

Market Cap: NT$7.6b

Designs, produces, and trades in polyurethanes (PU) materials.

Cardig Aero Services

Market Cap: Rp4.1t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Mandiri Herindo Adiperkasa

Market Cap: Rp2.8t

Provides mineral and coal transportation services in Indonesia.

Linde Bangladesh

Market Cap: ৳13.6b

Manufactures and supplies industrial and medical gases, welding products and equipment, and ancillary equipment in Bangladesh.

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

Market Cap: د.إ1.2b

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

Prima Andalan Mandiri

Market Cap: Rp17.7t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Summit Power

Market Cap: ৳15.6b

Engages in the generation and supply of electricity in Bangladesh.

Citra Tubindo

Market Cap: Rp1.9t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

SHL Consolidated Bhd

Market Cap: RM 556.9m

An investment holding company, engages in the development of integrated commercial and residential properties in Malaysia.

Padma Oil

Market Cap: ৳17.8b

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

Taiyo KagakuLtd

Market Cap: JP¥28.3b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Bakrie & Brothers

Market Cap: Rp5.2t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Cita Mineral Investindo

Market Cap: Rp12.2t

Engages in bauxite mining activities in Indonesia.

Jamuna Bank

Market Cap: ৳16.8b

Provides various banking products and services in Bangladesh.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp15.0t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Resource Alam Indonesia

Market Cap: Rp2.0t

Engages in the coal mining business in Indonesia.

Omega Flex

Market Cap: US$294.8m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

Cashmere Valley Bank

Market Cap: US$220.2m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Meditera Tibbi Malzeme Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.0b

Manufactures and sells medical devices in Turkey.

ASA Gold and Precious Metals

Market Cap: US$584.5m

A publicly owned investment manager.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

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

Anbio Biotechnology

Market Cap: US$290.1m

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, and internationally.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺28.1b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Payton Industries

Market Cap: ₪534.6m

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: ₪4.8b

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.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.1b

A publicly owned investment manager.

Terminal X Online

Market Cap: ₪600.1m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Malam - Team

Market Cap: ₪1.6b

Provides information technology services in Israel.

C. Mer Industries

Market Cap: ₪482.4m

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

Reitar Logtech Holdings

Market Cap: US$261.0m

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

Mendelson Infrastructures & Industries

Market Cap: ₪594.3m

Mendelson Infrastructures & Industries Ltd.