Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Vivo Energy Mauritius

Market Cap: MU₨13.1b

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

Baazeem Trading

Market Cap: ر.س540.7m

Operates as a FMCG distribution company.

Onix Solar Energy

Market Cap: ₹18.1b

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

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Padma Oil

Market Cap: ৳17.6b

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

Etihad GO Telecom

Market Cap: ر.س2.8b

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

Nofoth Food Products

Market Cap: ر.س838.3m

Produces and sells bakery products in Saudi Arabia.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Saudi Chemical Holding

Market Cap: ر.س6.2b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

MOBI Industry

Market Cap: ر.س610.0m

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

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س742.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Kingstone Companies

Market Cap: US$223.8m

Through its subsidiary, Kingstone Insurance Company, provides property and casualty insurance products in the United States.

Union Bankshares

Market Cap: US$106.0m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

New Mauritius Hotels

Market Cap: MU₨7.2b

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

Oakworth Capital

Market Cap: US$186.3m

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

Telekom Networks Malawi

Market Cap: MK 356.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

Freetrailer Group

Market Cap: €531.8m

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

Seneca Foods

Market Cap: US$961.0m

Provides packaged fruits and vegetables in the United States and internationally.

ANSA Merchant Bank

Market Cap: TT$2.1b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Central Forest Group

Market Cap: JP¥22.7b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 650.3b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Chilanga Cement

Market Cap: K16.0b

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

Winchester Bancorp

Market Cap: US$119.0m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Transnational

Market Cap: ₦477.6b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Procimmo Group

Market Cap: CHF 391.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Sopharma AD

Market Cap: €893.4m

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

Canal Shipping Agencies

Market Cap: ج.م8.4b

Provides various shipping services to the international commercial fleet in Egypt.

First National Bank of Botswana

Market Cap: P14.4b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.