Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Canal Shipping Agencies

Market Cap: ج.م9.2b

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.3b

Produces and sells fertilizers.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

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

Mulpha International Bhd

Market Cap: RM 887.9m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Luxchem Corporation Berhad

Market Cap: RM 411.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

PBA Holdings Bhd

Market Cap: RM 648.7m

An investment holding company, operates as a water supplier in Malaysia.

M & A Equity Holdings Berhad

Market Cap: RM 440.1m

An investment holding company, engages in the financial services, investment holding, and property investment and development businesses in Malaysia.

Acsion

Market Cap: R3.6b

Engages in property holding and development activities in South Africa and internationally.

Soma Gold

Market Cap: CA$244.2m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Itafos

Market Cap: CA$552.7m

Operates as a phosphate and specialty fertilizer company.

Union Bankshares

Market Cap: US$114.1m

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

Oxford Bank

Market Cap: US$103.5m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Empresas Lipigas

Market Cap: CL$953.6b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Freetrailer Group

Market Cap: €819.7m

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

Kingstone Companies

Market Cap: US$218.6m

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

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

MKH Berhad

Market Cap: RM 588.4m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Shangri-La Hotel

Market Cap: ฿6.3b

Operates hotels in Bangkok and Chiang Mai provinces.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 460.9b

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

Winchester Bancorp

Market Cap: US$102.4m

Focuses on operating as the bank holding company for Winchester Savings Bank, which provides banking products and services in Massachusetts.

Standard Bank

Market Cap: MK 998.0b

Provides banking and other related services in Malawi.

Security Federal

Market Cap: US$104.6m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Tri-County Financial Group

Market Cap: US$119.0m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Grendene

Market Cap: R$4.5b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

Morris State Bancshares

Market Cap: US$268.1m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Seneca Foods

Market Cap: US$810.0m

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

NameSilo Technologies

Market Cap: US$112.5m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Affinity Bancshares

Market Cap: US$122.9m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

First Northern Community Bancorp

Market Cap: US$212.8m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Southern Michigan Bancorp

Market Cap: US$115.1m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.