Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Telekom Networks Malawi

Market Cap: MK 366.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

GlaxoSmithKlineE

Market Cap: ج.م6.0b

Engages in production of pharmaceutical chemicals.

First Bancorp

Market Cap: US$283.3m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

FineMark Holdings

Market Cap: US$442.3m

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

A3 Mercados

Market Cap: AR$760.0b

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

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م20.9b

Provides various banking products and services in Egypt.

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

Market Cap: ج.م17.9b

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.

Chilanga Cement

Market Cap: K7.9b

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

FRMO

Market Cap: US$366.7m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Affinity Bancshares

Market Cap: US$118.2m

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

SALUS Ljubljana d. d

Market Cap: €409.3m

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

First Northern Community Bancorp

Market Cap: US$204.4m

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.

Practic

Market Cap: RON 712.8m

Engages in the lease and sublease of real estate properties in Romania.

Soma Gold

Market Cap: CA$151.3m

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م32.1b

Produces and sells fertilizers.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Deutsche Balaton

Market Cap: €225.5m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Franklin Financial Services

Market Cap: US$208.5m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Transcorp Power

Market Cap: ₦2.6t

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

GB Holdings

Market Cap: US$54.5m

Provides rubber and chemical products in Zimbabwe.

Senstar Technologies

Market Cap: US$112.2m

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

Sound Financial Bancorp

Market Cap: US$113.6m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 304.5b

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

va-Q-tec

Market Cap: €401.0m

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

ANSA Merchant Bank

Market Cap: TT$2.7b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Pure Cycle

Market Cap: US$264.6m

Provides wholesale water and wastewater services in the United States.

ASA Gold and Precious Metals

Market Cap: US$857.0m

A publicly owned investment manager.

Tri-County Financial Group

Market Cap: US$112.9m

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.

Freetrailer Group

Market Cap: €697.7m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Valhi

Market Cap: US$421.4m

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

Solesence

Market Cap: US$260.1m

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 76.4b

Processes heavy bitumen crude in Africa.

Linkhome Holdings

Market Cap: US$178.2m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.