Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Procimmo Group

Market Cap: CHF 360.4m

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

SALUS Ljubljana d. d

Market Cap: €407.7m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

TPP-Bobov Dol AD

Market Cap: лв242.0m

Engages in the generation and sale of electricity in Bulgaria.

Liburnia Riviera Hoteli d.d

Market Cap: €174.0m

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

Capricorn Group

Market Cap: R11.7b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Zambia Sugar

Market Cap: K20.7b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

TSTE

Market Cap: ฿4.2b

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

Surya Citra Media

Market Cap: Rp23.9t

Provides multimedia services in Indonesia.

Taiyo KagakuLtd

Market Cap: JP¥39.2b

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

Ibrahim Fibres

Market Cap: PK₨88.6b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Standard Chartered Bank Kenya

Market Cap: KSh108.4b

Provides various banking products and services for individuals and businesses.

Hospital Corporation of China

Market Cap: HK$819.0m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

MKH Berhad

Market Cap: RM 600.0m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Indo Tech Transformers

Market Cap: ₹17.8b

Manufactures and sells transformers in India and internationally.

Baazeem Trading

Market Cap: ر.س598.4m

Operates as a FMCG distribution company.

DAM Capital Advisors

Market Cap: ₹15.3b

Provides investment banking services.

Aesler Grup Internasional

Market Cap: Rp5.5t

Provides architectural and construction management services in Indonesia.

3B Blackbio Dx

Market Cap: ₹10.8b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Freetrailer Group

Market Cap: €712.9m

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

HG Metal Manufacturing

Market Cap: S$134.6m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Cairo Amman Bank

Market Cap: د.أ304.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Nestlé Pakistan

Market Cap: PK₨362.8b

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

Hind Rectifiers

Market Cap: ₹25.9b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Thai Steel Cable

Market Cap: ฿3.9b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Najran Cement

Market Cap: ر.س1.1b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Billion Industrial Holdings

Market Cap: HK$10.5b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

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

Scoda Tubes

Market Cap: ₹10.1b

Manufactures and sells stainless steel pipes and tubes in India and internationally.

Indo Farm Equipment

Market Cap: ₹9.9b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Kuwait Insurance CompanyK.P

Market Cap: د.ك107.6m

Provides various insurance products and services in Kuwait.

Cantabil Retail India

Market Cap: ₹20.9b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

Timex Group India

Market Cap: ₹33.1b

Engages in designing, manufacturing, and trading of watches in India and internationally.