Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Practic

Market Cap: RON 736.5m

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

Sure Global Tech

Market Cap: ر.س525.9m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Capricorn Group

Market Cap: R11.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Cita Mineral Investindo

Market Cap: Rp16.1t

Engages in bauxite mining activities in Indonesia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.6b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Najran Cement

Market Cap: ر.س1.4b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

ShareHope Medicine

Market Cap: NT$3.6b

Provides integrated medical services in Taiwan.

Yulie Sekuritas Indonesia

Market Cap: Rp4.4t

Operates as a securities company in Indonesia.

Britam Holdings

Market Cap: KSh22.6b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jadranski naftovod d.d

Market Cap: €831.3m

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Citra Tubindo

Market Cap: Rp4.5t

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

Cherat Cement

Market Cap: PK₨63.9b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Pakistan National Shipping

Market Cap: PK₨83.4b

Engages in the shipping business worldwide.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.6b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Hoshi Iryo-Sanki

Market Cap: JP¥14.8b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Nestlé Pakistan

Market Cap: PK₨375.8b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Standard Chartered Bank Kenya

Market Cap: KSh120.7b

Provides various banking products and services for individuals and businesses.

Baazeem Trading

Market Cap: ر.س561.9m

Operates as a FMCG distribution company.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

AB Vilkyskiu pienine

Market Cap: €120.6m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Taiyo KagakuLtd

Market Cap: JP¥35.3b

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

Surya Toto Indonesia

Market Cap: Rp2.6t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Voltamp Energy SAOG

Market Cap: ر.ع77.7m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

TSTE

Market Cap: ฿4.4b

Primarily engages in the production and distribution of wheat flour in Thailand.

Linde Bangladesh

Market Cap: ৳14.4b

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

Padma Oil

Market Cap: ৳19.7b

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

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

National Environmental Recycling

Market Cap: ر.س859.1m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.