Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

MAPFRE Middlesea

Market Cap: €133.4m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

First IC

Market Cap: US$156.4m

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

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Sparta

Market Cap: €88.7m

A publicly owned investment manager.

Practic

Market Cap: RON 567.2m

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

Chilanga Cement

Market Cap: K5.6b

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/818.8m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Marítima de Inversiones

Market Cap: CL$256.2b

Maritima de Inversiones SA is a publicly owned investment manager.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/776.5m

Engages distribution of electricity in Peru.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Zhejiang Hengwei Battery

Market Cap: CN¥2.5b

Engages in the research, development, production, and sale of battery products in China and internationally.

Billion Industrial Holdings

Market Cap: HK$9.1b

Develops, manufactures, and sells polyester filament yarns products, polyester products, polyester industrial yarns products, and ES fiber products in the People’s Republic of China and internationally.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, markets, promotes, and sells pharmaceutical products and medical devices primarily in the People’s Republic of China.

Wison Engineering Services

Market Cap: HK$1.1b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Yuan Cheng CableLtd

Market Cap: CN¥3.4b

Engages in the design, research and development, production, operation, and sales of wire and cable products in China.

Champion Building MaterialsLtd

Market Cap: NT$4.3b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

ASTERASYSLtd

Market Cap: ₩318.6b

Manufactures and sells medical equipment for hospitals and skin care devices for beauty care clinics and salons in South Korea, Europe, Asia, the Middle East, Africa, North America, South America, Australia, and New Zealand.

Lotus Chocolate

Market Cap: ₹14.3b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

Malam - Team

Market Cap: ₪1.6b

Provides information technology services in Israel.

C. Mer Industries

Market Cap: ₪480.6m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Kangping Technology (Suzhou)

Market Cap: CN¥2.2b

Engages in the research and development, design, production, and sale of motors and related products.

Advancetek EnterpriseLtd

Market Cap: NT$29.2b

Engages in the construction, rental, and sale of residential and commercial buildings in Taiwan.

Miwon Chemicals

Market Cap: ₩158.5b

Develops, manufactures, and sells performance chemicals for use in the rubber, detergent, and personal care industries worldwide.

Fengyinhe Holdings

Market Cap: HK$949.8m

An investment holding company, provides various financial services to real estate industry in the People’s Republic of China.

Kinpo Electronics

Market Cap: NT$29.6b

Engages in the design, manufacture, and sale of consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.

China Container Terminal

Market Cap: NT$4.3b

Provides contracted operations of container freight stations at port and on land.

Soft-World International

Market Cap: NT$15.3b

Develops, operates, and distributes games in Taiwan and China.

Xinlei Compressor

Market Cap: CN¥3.0b

Engages in the research and development, manufacture, and sale of air compressors and blowers in China.

Nihon Parkerizing

Market Cap: JP¥128.0b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

Jiangsu Longda Superalloy

Market Cap: CN¥3.6b

Engages in research, development, production, and sale of metal alloy products in China and internationally.

Maistra d.d

Market Cap: €503.4m

Engages in the hotel business in Croatia.

Hind Rectifiers

Market Cap: ₹17.0b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥6.3b

Manufactures and sells cleaning products in China.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.0b

A publicly owned investment manager.