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.

Marvipol Development

Market Cap: zł365.7m

Develops residential projects in Poland.

Smart Shooter

Market Cap: ₪1.3b

Designs and develops fire control systems in Israel, North America, Europe, Australia and New Zealand.

Ilex Medical

Market Cap: ₪567.5m

Engages in the import, marketing, distribution and sale of medical laboratory equipment and various diagnostic products, diagnostic systems, and kits and consumables in Israel, the United States, and internationally.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 625.7b

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

ASA Gold and Precious Metals

Market Cap: US$1.1b

A publicly owned investment manager.

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Fidelity Life Assurance of Zimbabwe

Market Cap: US$63.7m

Provides life and funeral assurance, asset management, actuarial consultancy and micro-financing services in Zimbabwe and Malawi.

Oakworth Capital

Market Cap: US$191.0m

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

Y.D. More Investments

Market Cap: ₪3.5b

A privately owned Investment Manager.

Göltas Göller Bölgesi Cimento Sanayi ve Ticaret

Market Cap: ₺6.2b

Göltas Göller Bölgesi Cimento Sanayi ve Ticaret A.S.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

Anbio Biotechnology

Market Cap: US$1.4b

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, and internationally.

Maezawa Kasei Industries

Market Cap: JP¥28.6b

Produces and sells water and sewerage related products, and environmental equipment.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺27.5b

Operates as a guardrail supplier company in Turkey.

Pasifik Eurasia Lojistik Dis Ticaret

Market Cap: ₺77.8b

Pasifik Eurasia Lojistik Dis Ticaret A.S.

Procimmo Group

Market Cap: CHF 436.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 101.3b

Processes heavy bitumen crude in Africa.

NSIA Banque Société Anonyme

Market Cap: XOF 445.2b

Provides various banking products and services.

A3 Mercados

Market Cap: AR$817.1b

Operates as a market for negotiable securities in Argentina and internationally.

Yeni Gimat Gayrimenkul Yatirim Ortakligi

Market Cap: ₺57.6b

Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S.

Akmerkez Gayrimenkul Yatirim Ortakligi

Market Cap: ₺9.6b

Akmerkez Gayrimenkul Yatirim Ortakligi A.S.

Bank of Africa Mali

Market Cap: XOF 137.3b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Hamat Group

Market Cap: ₪566.1m

Engages in the production, development, import, marketing, distribution, and sale of home design and construction finishing products for bathrooms, toilets, and kitchens in Israel and internationally.

First Bancorp

Market Cap: US$327.6m

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

Analyst I.M.S. Investment Management Services

Market Cap: ₪2.1b

A publicly owned investment manager.

Security Federal

Market Cap: US$114.4m

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

Bossa Ticaret ve Sanayi Isletmeleri T.A.S

Market Cap: ₺8.2b

Engages in the production, marketing, and sale of textile products in Turkey.

Potasios de Chile

Market Cap: CL$1.0t

Invests in shares and other financial instruments in Chile.

HOMAG Group

Market Cap: €398.5m

Manufactures and sells machines and solutions for wood processing and timber construction industries worldwide.

Bank of the James Financial Group

Market Cap: US$104.3m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

Inversiones Doalca SOCIMI

Market Cap: €155.4m

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

Winchester Bancorp

Market Cap: US$118.7m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

First National Bank of Botswana

Market Cap: P14.5b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.