Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

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

Taiyo KagakuLtd

Market Cap: JP¥43.4b

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

Seef Properties B.S.C

Market Cap: ب.د62.0m

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

Baazeem Trading

Market Cap: ر.س575.1m

Operates as a fast-moving consumer goods distribution company.

National Cleaning Company K.P.S.C

Market Cap: د.ك65.5m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

Boursa Kuwait Securities Company K.P.S.C

Market Cap: د.ك570.0m

Operates the stock market of Kuwait.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك38.6m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Nofoth Food Products

Market Cap: ر.س706.3m

Produces and sells bakery products in 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.

AB Akola Group

Market Cap: €279.9m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

SALUS Ljubljana d. d

Market Cap: €497.3m

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

Jamuna Bank

Market Cap: ৳23.5b

Provides various banking products and services in Bangladesh.

Nestlé Pakistan

Market Cap: PK₨344.0b

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

Ceylinco Holdings

Market Cap: LK₨70.2b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Singapura Finance

Market Cap: S$129.3m

Provides deposit and financing services for individuals and businesses in Singapore.

Invalda INVL

Market Cap: €337.6m

A private equity firm specializing in investments in small and middle-market privately held companies, industry consolidation, mature, growth capital, early venture, mid venture, later stage, acquisitions, and buyouts in undervalued assets.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Padma Oil

Market Cap: ৳17.1b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك361.0m

Operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors.

Amicorp FS (UK)

Market Cap: US$123.7m

Provides fund administration, business process outsourcing, and governance and compliance services for investment funds, asset managers, and family offices in the United Kingdom.

Liburnia Riviera Hoteli d.d

Market Cap: €146.5m

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

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Etihad GO Telecom

Market Cap: ر.س3.2b

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

MOBI Industry

Market Cap: ر.س475.0m

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

Shahjalal Islami Bank

Market Cap: ৳17.9b

Provides commercial banking products and services in Bangladesh.

Saudi Chemical Holding

Market Cap: ر.س7.2b

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.

Britam Holdings

Market Cap: KSh32.4b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Zahrat Al Waha For Trading

Market Cap: ر.س569.3m

Engages in the manufacturing and sale of PET preforms and HDPE closure in the Kingdom of Saudi Arabia.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك62.7m

A private equity firm specializing in direct and fund investments.

Fauji Foods

Market Cap: PK₨44.3b

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

Central Forest Group

Market Cap: JP¥22.9b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Cairo Amman Bank

Market Cap: د.أ284.0m

Provides various banking and financial services for corporate and institutional customers.

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

National Credit and Commerce Bank

Market Cap: ৳17.7b

Provides various commercial banking products and services in Bangladesh.

Joyce

Market Cap: AU$162.9m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.