Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.2b

Processes heavy bitumen crude in Africa.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

First National Bank of Botswana

Market Cap: P13.5b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Standard Bank

Market Cap: MK 563.9b

Provides banking and other related services in Malawi.

Colorado

Market Cap: د.م983.2m

Manufactures and distributes various paints in Morocco and internationally.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Eurofins-Cerep

Market Cap: €92.3m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Inversiones Doalca SOCIMI

Market Cap: €153.0m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Acsion

Market Cap: R2.3b

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

Sociedad Matriz SAAM

Market Cap: CL$1.1t

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

Zona Franca de Iquique

Market Cap: CL$215.3b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Chilanga Cement

Market Cap: K6.1b

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

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م12.9b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 304.5b

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

ANSA Merchant Bank

Market Cap: TT$3.3b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Grendene

Market Cap: R$4.5b

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

Oakworth Capital

Market Cap: US$158.2m

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

Senstar Technologies

Market Cap: US$104.3m

Provides physical, video, and access control security products and solutions worldwide.

Practic

Market Cap: RON 736.5m

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

Potasios de Chile

Market Cap: CL$488.3b

Engages in investment in shares and other financial instruments in Chile.

Sugar Terminals

Market Cap: AU$360.0m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Synic SolutionLtd

Market Cap: ₩243.1b

Synic Solution Co., Ltd. provides semiconductor design solutions and foundry services to global fabless customers.

Citra Tubindo

Market Cap: Rp6.3t

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

Linde Bangladesh

Market Cap: ৳14.4b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳19.5b

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

Suzhou Chunqiu Electronic Technology

Market Cap: CN¥5.3b

Suzhou Chunqiu Electronic Technology Co., Ltd.

Tibet TourismLtd

Market Cap: CN¥5.7b

Engages in the tourism, attractions, services, and commerce business in China.

Dong Fang Offshore

Market Cap: NT$39.6b

Offers vessel solutions for offshore wind projects, which include guard, MMO, CTV, HDD, transportation, berth, and cargo transfer services.

Renxin New MaterialLtd

Market Cap: CN¥2.8b

Engages in the research and development, production, and sale of polystyrene polymer materials in China.

Vasa Denticity

Market Cap: ₹10.0b

Trades in dental products in India.

PC Jeweller

Market Cap: ₹99.9b

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