Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Thai Steel Cable

Market Cap: ฿3.4b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Practic

Market Cap: RON 736.5m

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

Shangri-La Hotel

Market Cap: ฿6.4b

Operates hotels in Bangkok and Chiang Mai provinces.

Forth Smart Service

Market Cap: ฿4.7b

Provides prepaid mobile top-up services in Thailand.

Saha-Union

Market Cap: ฿8.5b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

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

Market Cap: ج.م13.1b

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.

Pure Cycle

Market Cap: US$243.6m

Provides wholesale water and wastewater services in the United States.

Valhi

Market Cap: US$502.2m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Eurofins-Cerep

Market Cap: €90.8m

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

NSIA Banque Société Anonyme

Market Cap: XOF 239.9b

Provides various banking products and services.

Transcorp Power

Market Cap: ₦2.4t

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

Vantage

Market Cap: US$142.2m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.9b

Processes heavy bitumen crude in Africa.

Sugar Terminals

Market Cap: AU$360.0m

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

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.

China SXT Pharmaceuticals

Market Cap: US$184.5m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

Reitar Logtech Holdings

Market Cap: US$279.1m

Through its subsidiaries, provides construction management and engineering design services.

Solesence

Market Cap: US$304.2m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

FineMark Holdings

Market Cap: US$505.3m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Itafos

Market Cap: CA$573.9m

Operates as a phosphate and specialty fertilizer company.

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

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.

Potasios de Chile

Market Cap: CL$488.3b

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

Metalpha Technology Holding

Market Cap: US$127.2m

Provides wealth management services in Hong Kong.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Zona Franca de Iquique

Market Cap: CL$215.8b

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 306.2b

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

Jadranski naftovod d.d

Market Cap: €846.4m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Chilanga Cement

Market Cap: K6.1b

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

Rich Sparkle Holdings

Market Cap: US$347.9m

Provides financial printing and corporate services in Hong Kong.

Wilson Bank Holding

Market Cap: US$1.8b

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

Southern Michigan Bancorp

Market Cap: US$109.2m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

MAPFRE Middlesea

Market Cap: €110.4m

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