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.

National Cleaning Company K.P.S.C

Market Cap: د.ك66.4m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

Boursa Kuwait Securities Company K.P.S.C

Market Cap: د.ك618.0m

Operates the stock market of Kuwait.

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

Market Cap: د.ك38.6m

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

Onix Solar Energy

Market Cap: ₹18.5b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Krom Bank Indonesia

Market Cap: Rp16.7t

Provides banking products and services in Indonesia.

Cairo Poultry CompanyE

Market Cap: ج.م18.2b

Operates as an integrated poultry company in Egypt.

Transnational

Market Cap: ₦485.2b

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

Viking Line Abp

Market Cap: €357.7m

Provides passenger and cargo carrier services.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł1.2b

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

BAUER

Market Cap: €258.2m

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

Envirotainer

Market Cap: €395.1m

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

Telekom Networks Malawi

Market Cap: MK 344.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

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.

Alumil Aluminium Industry

Market Cap: €193.5m

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €102.1m

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

Moury Construct

Market Cap: €305.0m

Moury Construct SA, together with its subsidiaries, constructs and renovates residential and non-residential buildings in Belgium.

ANSA Merchant Bank

Market Cap: TT$2.5b

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

Amir Marketing and Investments in Agriculture

Market Cap: ₪498.8m

Through its subsidiaries, supplies and markets agricultural inputs in Israel.

MAPFRE Middlesea

Market Cap: €125.1m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Wasko

Market Cap: zł600.0m

Designs, implements, and integrats software, information systems, and advanced industrial automation.

Bahnhof

Market Cap: SEK 5.7b

Provides internet services to individuals and businesses in Sweden and internationally.

Linc

Market Cap: SEK 4.4b

A private equity and venture capital firm, specializing in early and mature stage investments in pharmaceutical, life-science and med-tech companies.

Empresas Lipigas

Market Cap: CL$924.5b

Provides energy solutions through the marketing, distribution, and sale of liquefied petroleum gas (LPG), natural gas (NG), liquefied natural gas (LNG), and electricity for residential, commercial, and industrial use in Chile, Colombia, Peru, and Ecuador.

Tethys Petroleum

Market Cap: CA$156.2m

Engages in the acquisition, exploration, and development of crude oil and natural gas fields in Kazakhstan.

HOMAG Group

Market Cap: €392.2m

Manufactures and sells machines and solutions for wood processing and timber construction industries worldwide.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك364.2m

Operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors.

Hafary Holdings

Market Cap: S$211.0m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

House of Investments

Market Cap: ₱6.8b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

SHL Consolidated Bhd

Market Cap: RM 535.1m

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

Central Forest Group

Market Cap: JP¥23.1b

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

Nestlé Pakistan

Market Cap: PK₨347.3b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Vinacomin - Power Holding

Market Cap: ₫8.1t

Engages in the investment, construction, exploitation, and operation of thermal power, hydropower plants, power plants using new and renewable energy sources, and electricity supply systems in Vietnam.