Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Jordanian Duty Free Shops

Market Cap: د.أ155.3m

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

Valhi

Market Cap: US$501.4m

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

Standard Bank

Market Cap: MK 563.9b

Provides banking and other related services in Malawi.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

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

Inversiones Doalca SOCIMI

Market Cap: €153.0m

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

First National Bank of Botswana

Market Cap: P13.5b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Chilanga Cement

Market Cap: K6.1b

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

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Rimoni Industries

Market Cap: ₪473.9m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Itafos

Market Cap: CA$583.6m

Operates as a phosphate and specialty fertilizer company.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.9b

Processes heavy bitumen crude in Africa.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

Metalpha Technology Holding

Market Cap: US$138.2m

Provides wealth management services in Hong Kong.

FineMark Holdings

Market Cap: US$511.2m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Solesence

Market Cap: US$311.3m

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

Southern Michigan Bancorp

Market Cap: US$108.8m

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.

Nigerian Aviation Handling

Market Cap: ₦228.0b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Senstar Technologies

Market Cap: US$104.3m

Provides physical, video, and access control security products and solutions worldwide.

Vantage

Market Cap: US$137.7m

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

China SXT Pharmaceuticals

Market Cap: US$196.1m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

Formula Systems (1985)

Market Cap: ₪6.4b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Y.D. More Investments

Market Cap: ₪2.7b

A privately owned Investment Manager.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 318.0b

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

Pure Cycle

Market Cap: US$243.6m

Provides wholesale water and wastewater services in the United States.

Zona Franca de Iquique

Market Cap: CL$220.6b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Payton Industries

Market Cap: ₪512.0m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Reitar Logtech Holdings

Market Cap: US$258.5m

Through its subsidiaries, provides construction management and engineering design services.

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥10.2b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Gulf Insurance Group - Jordan

Market Cap: د.أ91.0m

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

Grendene

Market Cap: R$4.5b

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

Oakworth Capital

Market Cap: US$157.9m

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

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م13.2b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.