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.

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.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺30.5b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.9b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Corporación Financiera Colombiana

Market Cap: Col$5.7t

Operates as a private financial institution in Columbia and Central America.

Jordanian Duty Free Shops

Market Cap: د.أ141.8m

Invests in, operates, and manages duty-free shops.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك57.9m

A private equity firm specializing in direct and fund investments.

Nigerian Aviation Handling

Market Cap: ₦502.9b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Cahaya Aero Services

Market Cap: Rp3.8t

Provides cargo and ground handling services in Indonesia.

Ramco Industries

Market Cap: ₹23.1b

Engages in the building products, textiles, and power generation businesses in India.

Monolithisch India

Market Cap: ₹10.9b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Joyce

Market Cap: AU$174.5m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

VICOM

Market Cap: S$638.2m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Taiyo KagakuLtd

Market Cap: JP¥44.1b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

AJIS

Market Cap: JP¥37.2b

Provides retail support services in Japan and internationally.

Shipping Corporation of India

Market Cap: ₹141.8b

A marginal liner shipping company, engages in the business of transporting goods in India.

MAPFRE Middlesea

Market Cap: €144.4m

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

Baazeem Trading

Market Cap: ر.س564.0m

Operates as a FMCG distribution company.

Saudi Chemical Holding

Market Cap: ر.س7.1b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Cairo Amman Bank

Market Cap: د.أ276.0m

Provides various banking and financial services for corporate and institutional customers.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك36.8m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

MOBI Industry

Market Cap: ر.س550.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Shenke Slide Bearing

Market Cap: CN¥3.0b

Researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People’s Republic of China and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

Kanda HoldingsLtd

Market Cap: JP¥18.7b

Through its subsidiaries, operates as a logistics company in Japan and internationally.

Ceylinco Holdings

Market Cap: LK₨75.3b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

TSTE

Market Cap: ฿3.9b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Nippon Care Supply

Market Cap: JP¥34.5b

Engages in the rental and wholesale of welfare equipment businesses in Japan.

Terminal X Online

Market Cap: ₪1.1b

Engages in the marketing and sale of fashion and lifestyle products in Israel.

NanJing Research Institute of Surveying Mapping & Geotechnical InvestigationCo.Ltd

Market Cap: CN¥2.9b

NanJing Research Institute of Surveying, Mapping & Geotechnical Investigation,Co.Ltd.

System ResearchLtd

Market Cap: JP¥27.1b

Provides software development services in Japan.

Insolation Energy

Market Cap: ₹32.5b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

FALCO HOLDINGS

Market Cap: JP¥25.1b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.