Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Standard Bank

Market Cap: MK 998.0b

Provides banking and other related services in Malawi.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 460.9b

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

Sopharma AD

Market Cap: €945.0m

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

Sociedad Matriz SAAM

Market Cap: CL$1.3t

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

SalfaCorp

Market Cap: CL$796.2b

Engages in engineering, construction, and real estate businesses in Chile and internationally.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.5b

Produces and sells fertilizers.

Affinity Bancshares

Market Cap: US$122.9m

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

Winchester Bancorp

Market Cap: US$102.4m

Focuses on operating as the bank holding company for Winchester Savings Bank, which provides banking products and services in Massachusetts.

Security Federal

Market Cap: US$104.6m

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

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Oakworth Capital

Market Cap: US$190.7m

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

Morris State Bancshares

Market Cap: US$268.1m

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

First Bancorp

Market Cap: US$306.9m

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

NameSilo Technologies

Market Cap: US$112.5m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Pure Cycle

Market Cap: US$279.0m

Provides water and wastewater services in the United States.

Soma Gold

Market Cap: CA$244.2m

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

Kingstone Companies

Market Cap: US$218.6m

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

Hemlo Mining

Market Cap: CA$1.8b

Operates as a gold production company.

Epsilon Energy

Market Cap: US$149.2m

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.

Grendene

Market Cap: R$4.5b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

Oxford Bank

Market Cap: US$103.5m

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

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Sound Financial Bancorp

Market Cap: US$112.0m

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

Seneca Foods

Market Cap: US$810.0m

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

Franklin Financial Services

Market Cap: US$225.8m

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.

First Northern Community Bancorp

Market Cap: US$212.8m

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.

Itafos

Market Cap: CA$552.7m

Operates as a phosphate and specialty fertilizer company.

Union Bankshares

Market Cap: US$114.1m

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

Cashmere Valley Bank

Market Cap: US$253.8m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

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

Tri-County Financial Group

Market Cap: US$119.0m

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: €836.8m

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.