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.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك180.9m

Engages in insurance and reinsurance operations in Kuwait.

Padma Oil

Market Cap: ৳17.8b

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

Jamuna Bank

Market Cap: ৳17.0b

Provides various banking products and services in Bangladesh.

Ceylinco Holdings

Market Cap: LK₨74.0b

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

Berger Paints Bangladesh

Market Cap: ৳82.4b

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

Silvery Dragon Prestressed MaterialsLTD Tianjin

Market Cap: CN¥5.4b

Manufactures and sells prestressed steel products in China and internationally.

Segar Kumala Indonesia

Market Cap: Rp1.7t

Trades in and distributes fruits, frozen chicken, and vegetables in Indonesia.

Johnson Chemical Pharmaceutical Works

Market Cap: NT$3.4b

Johnson Chemical Pharmaceutical Works Co., Ltd.

Citra Tubindo

Market Cap: Rp1.9t

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

SALUS Ljubljana d. d

Market Cap: €236.0m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺6.0b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Wema Bank

Market Cap: ₦230.4b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Bank of Africa Mali

Market Cap: XOF 66.4b

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

Omega Flex

Market Cap: US$393.3m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

Infinity Capital Investments

Market Cap: RON 1.1b

S.I.F. Oltenia S.A. is a private equity and venture capital firm specializing in investments in asset management, expansion, development, start-up, turnaround, and restructuring.

Petrolimex Insurance

Market Cap: ₫2.6t

Provides various insurance products in Vietnam.

Teekay

Market Cap: US$558.9m

Provides crude oil marine transportation and other marine services worldwide.

Nederman Holding

Market Cap: SEK 7.5b

Operates as an environmental technology company in the Americas, the Asia Pacific, Europe, the Middle East, and Asia.

M&G Credit Income Investment Trust

Market Cap: UK£145.9m

Engages in investment in a portfolio of public and private debt and debt-like instruments.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 238.7b

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

Procimmo Group

Market Cap: CHF 288.3m

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

FRMO

Market Cap: US$364.9m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Izmir Firça Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺3.9b

Produces and sells various cleaning materials and painting brushes in Turkey and internationally.

Conoil

Market Cap: ₦229.8b

Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria.

Reitar Logtech Holdings

Market Cap: US$199.8m

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

Zona Franca de Iquique

Market Cap: CL$202.0b

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

Ege Endüstri ve Ticaret

Market Cap: ₺28.6b

Develops, manufactures, and sells axle and suspension system components for commercial vehicles and special vehicle applications in Turkey and internationally.

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺18.0b

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

Telematic Interactive Bulgaria EAD

Market Cap: лв289.5m

Offers online betting and gambling services.

Kerevitas Gida Sanayi ve Ticaret

Market Cap: ₺9.5b

Produces and trades in frozen and canned products in Turkey.

Vakif Gayrimenkul Yatirim Ortakligi

Market Cap: ₺6.5b

A real estate investment trust.

Pure Cycle

Market Cap: US$257.9m

Provides wholesale water and wastewater services in the United States.

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.