Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س657.3m

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.

Standard Chartered Bank Kenya

Market Cap: KSh127.4b

Provides various banking products and services for individuals and businesses.

JB Foods

Market Cap: S$242.6m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك176.0m

Engages in insurance and reinsurance operations in Kuwait.

Palasino Holdings

Market Cap: HK$1.7b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Najran Cement

Market Cap: ر.س1.0b

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

Nofoth Food Products

Market Cap: ر.س826.9m

Produces and sells bakery products in 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.

Onix Solar Energy

Market Cap: ₹18.1b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Taiyo KagakuLtd

Market Cap: JP¥49.8b

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

BLS E-Services

Market Cap: ₹12.9b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Cairo Amman Bank

Market Cap: د.أ274.0m

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

MOBI Industry

Market Cap: ر.س574.5m

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

SML Mahindra

Market Cap: ₹55.4b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Nestlé Pakistan

Market Cap: PK₨352.9b

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

Fauji Foods

Market Cap: PK₨36.4b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Joyce

Market Cap: AU$166.8m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

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

Baazeem Trading

Market Cap: ر.س540.7m

Operates as a FMCG distribution company.

Buana Artha Anugerah

Market Cap: Rp2.9t

Engages in the provision of asset management services in Indonesia.

Acsion

Market Cap: R4.6b

Engages in property holding and development activities in South Africa and internationally.

Mendelson Infrastructures & Industries

Market Cap: ₪635.1m

Engages in the supply of conduction and flow products in Israel.

Envirotainer

Market Cap: €398.1m

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

Kingstone Companies

Market Cap: US$218.8m

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

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Padma Oil

Market Cap: ৳17.6b

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

M+S Hydraulic AD

Market Cap: €205.1m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Medinice

Market Cap: zł390.0m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Standard Bank

Market Cap: MK 995.9b

Provides banking and other related services in Malawi.

Telekom Networks Malawi

Market Cap: MK 355.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

Seneca Foods

Market Cap: US$963.3m

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

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺17.4b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.