Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك176.3m

Engages in insurance and reinsurance operations in Kuwait.

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

Market Cap: د.ك43.7m

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

Amanat Holdings PJSC

Market Cap: د.إ2.6b

Engages in the investment in companies and enterprises in the fields of education and healthcare in the United Arab Emirates and internationally.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

MOBI Industry

Market Cap: ر.س648.0m

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س789.6m

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

Padma Oil

Market Cap: ৳17.6b

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

Jamuna Bank

Market Cap: ৳14.9b

Provides various banking products and services in Bangladesh.

ShareHope Medicine

Market Cap: NT$3.6b

Provides integrated medical services in Taiwan.

National Investments Company K.S.C.P

Market Cap: د.ك214.4m

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

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

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

Saudi Chemical Holding

Market Cap: ر.س6.4b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

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

Market Cap: د.ك38.5m

A private equity firm specializing in direct and fund investments.

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك43.6m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Baazeem Trading

Market Cap: ر.س553.8m

Operates as a FMCG distribution company.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك423.4m

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.

National Corporation for Tourism and Hotels

Market Cap: د.إ4.7b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

Invest Bank

Market Cap: د.أ221.3m

Provides various banking and related financial services in Jordan.

Waja

Market Cap: ر.س497.7m

Engages in the construction, media and communication, and information technology businesses.

Linde Bangladesh

Market Cap: ৳12.9b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Sure Global Tech

Market Cap: ر.س624.3m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

NSIA Banque Société Anonyme

Market Cap: XOF 222.6b

Provides various banking products and services.

Rotshtein Realestate

Market Cap: ₪1.3b

Develops and constructs residential projects in Israel.

Terminal X Online

Market Cap: ₪548.8m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Malam - Team

Market Cap: ₪1.9b

Provides information technology services in Israel.

Bank of Africa Mali

Market Cap: XOF 71.4b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Solesence

Market Cap: US$292.3m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Valhi

Market Cap: US$415.1m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Empresas Lipigas

Market Cap: CL$510.2b

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 65.5b

Processes heavy bitumen crude in Africa.