Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Buana Artha Anugerah

Market Cap: Rp3.0t

Engages in the provision of asset management services in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س742.0m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

Baazeem Trading

Market Cap: ر.س540.7m

Operates as a FMCG distribution company.

Onix Solar Energy

Market Cap: ₹18.1b

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

Nofoth Food Products

Market Cap: ر.س838.3m

Produces and sells bakery products in Saudi Arabia.

Saudi Chemical Holding

Market Cap: ر.س6.2b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Najran Cement

Market Cap: ر.س1.0b

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

Etihad GO Telecom

Market Cap: ر.س2.8b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Pure Cycle

Market Cap: US$251.3m

Provides water and wastewater services in the United States.

A3 Mercados

Market Cap: AR$720.8b

Operates as a market for negotiable securities in Argentina and internationally.

Empresas Lipigas

Market Cap: CL$952.8b

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

Oakworth Capital

Market Cap: US$186.3m

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

Epsilon Energy

Market Cap: US$174.3m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 103.7b

Processes heavy bitumen crude in Africa.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.1b

Produces and sells fertilizers.

Envirotainer

Market Cap: €392.2m

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

Freetrailer Group

Market Cap: €531.8m

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

Inversiones Doalca SOCIMI

Market Cap: €156.6m

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

Seneca Foods

Market Cap: US$961.0m

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

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Kingstone Companies

Market Cap: US$223.8m

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

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Union Bankshares

Market Cap: US$106.0m

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

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Padma Oil

Market Cap: ৳17.6b

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

MOBI Industry

Market Cap: ر.س610.0m

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

Telekom Networks Malawi

Market Cap: MK 356.8b

Provides telecommunication services to enterprises and individual customers in Malawi.