Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bank of Africa Mali

Market Cap: XOF 130.5b

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

Seef Properties B.S.C

Market Cap: ب.د53.4m

Engages in the real estate development business in the Kingdom of Bahrain.

Morris State Bancshares

Market Cap: US$258.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 650.4b

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 104.5b

Processes heavy bitumen crude in Africa.

First Northern Community Bancorp

Market Cap: US$232.2m

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.

Southern Michigan Bancorp

Market Cap: US$118.8m

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.

Security Federal

Market Cap: US$113.2m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Tri-County Financial Group

Market Cap: US$123.1m

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.

Chilanga Cement

Market Cap: K16.0b

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

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.

New Peoples Bankshares

Market Cap: US$101.3m

Operates as a financial holding company for New Peoples Bank, Inc.

Oxford Bank

Market Cap: US$105.2m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

PC Jeweller

Market Cap: ₹67.1b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Hextar Global Berhad

Market Cap: RM 3.1b

An investment holding company, engages in manufacturing, trading, and distribution of a various agrochemicals and fertilisers in Malaysia.

Goldiam International

Market Cap: ₹33.0b

Manufactures and sells gold/silver/platinum and diamond studded jewelry products in India.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.9b

TianJin JinRong TianYu Precision Machinery Inc.

VICOM

Market Cap: S$634.7m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Shandong Link Science and TechnologyLtd

Market Cap: CN¥6.3b

Shandong Link Science and Technology Co.,Ltd.

Lelon Electronics

Market Cap: NT$19.7b

Develops, manufactures, markets, trades in, and sells electrolytic capacitors internationally.

Konishi

Market Cap: JP¥85.3b

Manufactures and sells synthetic adhesives in Japan.

Asian Granito India

Market Cap: ₹18.5b

Engages in the manufacture and trade of tiles, marbles, and related products in India.

Shanghai Skychem Technology

Market Cap: CN¥10.2b

Engages in research and development, production, and sales of functional wet electronic chemicals.

Woojin

Market Cap: ₩521.8b

Engages in the developing and manufacturing of industrial measuring instruments in South Korea.

CMC

Market Cap: JP¥24.3b

Provides manual creation, business process management, training, translation, and interpretation services in Japan and internationally.

Cigniti Technologies

Market Cap: ₹29.3b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Hokkan Holdings

Market Cap: JP¥29.2b

Through its subsidiaries, engages in the container, filling, and machinery production, and other businesses in Japan and internationally.

Soracom

Market Cap: JP¥43.1b

Provides Internet of Things (IoT) based cellular connectivity solutions.

Techno Ryowa

Market Cap: JP¥134.9b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Gallantt Ispat

Market Cap: ₹129.7b

Engages in manufacture and sale of iron and steel products in India.

Te Chang Construction

Market Cap: NT$8.3b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Walton Advanced Engineering

Market Cap: NT$28.1b

Provides semiconductor packaging and testing services in Taiwan and China.