Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Pro-Hawk

Market Cap: NT$5.9b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts internationally.

Jetwell Computer

Market Cap: NT$7.8b

Engages in manufacturing of computers and peripheral equipment in China, Taiwan, and internatinally.

Taiyo KagakuLtd

Market Cap: JP¥42.9b

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

Powertip Image

Market Cap: NT$4.8b

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

Etihad GO Telecom

Market Cap: ر.س3.2b

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

MOBI Industry

Market Cap: ر.س484.5m

Manufactures and sells fertilizers and nitrogen compounds 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.

Jordanian Duty Free Shops

Market Cap: د.أ136.8m

Invests in, operates, and manages duty-free shops.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Maezawa Kasei Industries

Market Cap: JP¥28.6b

Produces and sells water and sewerage related products, and environmental equipment.

Bijou Brigitte modische Accessoires

Market Cap: €409.1m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Marvipol Development

Market Cap: zł365.7m

Develops residential projects in Poland.

Smart Shooter

Market Cap: ₪1.3b

Designs and develops fire control systems in Israel, North America, Europe, Australia and New Zealand.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 101.3b

Processes heavy bitumen crude in Africa.

Alantra Partners

Market Cap: €382.6m

Engages in the investment banking and asset management services in Spain and internationally.

Procimmo Group

Market Cap: CHF 436.9m

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

Yeni Gimat Gayrimenkul Yatirim Ortakligi

Market Cap: ₺57.6b

Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S.

Akmerkez Gayrimenkul Yatirim Ortakligi

Market Cap: ₺9.6b

Akmerkez Gayrimenkul Yatirim Ortakligi A.S.

NSIA Banque Société Anonyme

Market Cap: XOF 445.2b

Provides various banking products and services.

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

ASA Gold and Precious Metals

Market Cap: US$1.1b

A publicly owned investment manager.

Envirotainer

Market Cap: €392.2m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 625.7b

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

Ilex Medical

Market Cap: ₪567.5m

Engages in the import, marketing, distribution and sale of medical laboratory equipment and various diagnostic products, diagnostic systems, and kits and consumables in Israel, the United States, and internationally.

BAUER

Market Cap: €253.9m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺27.5b

Operates as a guardrail supplier company in Turkey.

Pasifik Eurasia Lojistik Dis Ticaret

Market Cap: ₺77.8b

Pasifik Eurasia Lojistik Dis Ticaret A.S.

Anbio Biotechnology

Market Cap: US$1.4b

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

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

Bank of Africa Mali

Market Cap: XOF 137.3b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Göltas Göller Bölgesi Cimento Sanayi ve Ticaret

Market Cap: ₺6.2b

Göltas Göller Bölgesi Cimento Sanayi ve Ticaret A.S.

Oakworth Capital

Market Cap: US$191.0m

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

Inversiones Doalca SOCIMI

Market Cap: €155.4m

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €102.7m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.