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.

Padma Oil

Market Cap: ৳18.0b

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

Procimmo Group

Market Cap: CHF 288.3m

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

Jamuna Bank

Market Cap: ৳17.1b

Provides various banking products and services in Bangladesh.

Bhakti Multi Artha

Market Cap: Rp2.5t

Through its subsidiaries, provides management consulting services in Indonesia.

Ampire

Market Cap: NT$4.0b

Manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe.

Ceylinco Holdings

Market Cap: LK₨74.0b

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

Sugar Terminals

Market Cap: AU$381.6m

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

Prima Andalan Mandiri

Market Cap: Rp18.0t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Berger Paints Bangladesh

Market Cap: ৳82.2b

Manufactures and markets liquid and non-liquid paints and varnishes, emulsions, and coatings in Bangladesh.

Taiyo KagakuLtd

Market Cap: JP¥29.4b

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

Cita Mineral Investindo

Market Cap: Rp11.6t

Engages in bauxite mining activities in Indonesia.

Bakrie & Brothers

Market Cap: Rp5.2t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Neosem

Market Cap: ₩474.3b

Manufactures and sells semiconductor inspection equipment.

Mandiri Herindo Adiperkasa

Market Cap: Rp2.4t

Provides mineral and coal transportation services in Indonesia.

Bank Ganesha

Market Cap: Rp1.7t

Provides various general banking products and services for individuals and businesses in Indonesia.

Tai Sin Electric

Market Cap: S$184.1m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.4m

Engages in insurance and reinsurance operations in Kuwait.

National Corporation for Tourism and Hotels

Market Cap: د.إ2.1b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

TBS Energi Utama

Market Cap: Rp2.5t

Through its subsidiaries, invests in the coal mining and trading, palm oil plantation, independent power producer, waste management, renewable energy, and wholesale and retail of vehicles in Indonesia and internationally.

Billion Industrial Holdings

Market Cap: HK$9.2b

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.

Dwi Guna Laksana

Market Cap: Rp1.9t

Engages in the coal mining and trading activities in Indonesia.

Citra Tubindo

Market Cap: Rp2.0t

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

Cardig Aero Services

Market Cap: Rp3.8t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ140.6m

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

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.

Anbio Biotechnology

Market Cap: US$306.8m

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 64.7b

Processes heavy bitumen crude in Africa.

ASA Gold and Precious Metals

Market Cap: US$536.2m

A publicly owned investment manager.

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.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.2b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Reitar Logtech Holdings

Market Cap: US$235.4m

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