Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

ABG Sundal Collier Holding

Market Cap: NOK 3.8b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Cyprus Cement

Market Cap: €178.3m

Engages in the manufacturing and sale of cement and related business in Cyprus.

Famous Brands

Market Cap: R5.2b

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

Maistra d.d

Market Cap: €607.4m

Engages in the hotel business in Croatia.

Wema Bank

Market Cap: ₦707.9b

Provides banking and other financial services to corporate and individual customers in Nigeria.

SALUS Ljubljana d. d

Market Cap: €409.3m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Inmocemento

Market Cap: €1.5b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك46.0m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

National Investments Company K.S.C.P

Market Cap: د.ك250.3m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺32.6b

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

VNV Global

Market Cap: SEK 2.9b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺10.9b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك31.3m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.7b

Operates as an asset management company.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺18.2b

Provides software development services to public and private organizations in Turkey.

Jamuna Bank

Market Cap: ৳19.2b

Provides various banking products and services in Bangladesh.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك69.6m

A private equity firm specializing in direct and fund investments.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك50.2m

Engages in managing real estate projects in Kuwait.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك389.3m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Bahrain National Holding Company B.S.C

Market Cap: ب.د59.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

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

Market Cap: د.إ986.4m

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

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$30.3b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Hangzhou Hirisun Technology

Market Cap: CN¥5.0b

Engages in power information system integration business in China.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

MOBI Industry

Market Cap: ر.س565.0m

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

Padma Oil

Market Cap: ৳18.3b

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

Telematic Interactive Bulgaria EAD

Market Cap: лв263.8m

Offers online betting and gambling services.

Master Drilling Group

Market Cap: R2.3b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Alumil Aluminium Industry

Market Cap: €162.1m

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

Dn Agrar Group

Market Cap: RON 440.7m

Engages in the production of cow milk.

MCH Group

Market Cap: CHF 103.6m

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

Evergent Investments

Market Cap: RON 2.4b

A publicly owned investment manager.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺8.1b

Operates in the tourism, construction, and energy sectors in Turkey.