Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Potasios de Chile

Market Cap: CL$1.0t

Invests in shares and other financial instruments in Chile.

Corporación Financiera Colombiana

Market Cap: Col$6.0t

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

AB Akola Group

Market Cap: €284.1m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

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

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

TSTE

Market Cap: ฿4.1b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ82.7m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Baazeem Trading

Market Cap: ر.س568.0m

Operates as a FMCG distribution company.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

National Investments Company K.S.C.P

Market Cap: د.ك214.3m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك41.6m

Engages in managing real estate projects in Kuwait.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك187.2m

Engages in insurance and reinsurance operations in Kuwait.

First Investment Company K.S.C.P

Market Cap: د.ك57.5m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

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.

Etihad GO Telecom

Market Cap: ر.س3.2b

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

National Cleaning Company K.P.S.C

Market Cap: د.ك46.3m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

Nofoth Food Products

Market Cap: ر.س810.5m

Produces and sells bakery products in Saudi Arabia.

MOBI Industry

Market Cap: ر.س515.0m

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

Seef Properties B.S.C

Market Cap: ب.د54.3m

Engages in the real estate development business in the Kingdom of Bahrain.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Cairo Amman Bank

Market Cap: د.أ286.0m

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

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

Invalda INVL

Market Cap: €328.0m

A private equity firm specializing in investments in small and middle-market privately held companies, industry consolidation, mature, growth capital, early venture, mid venture, later stage, acquisitions, and buyouts in undervalued assets.

SALUS Ljubljana d. d

Market Cap: €526.0m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Shipping Corporation of India

Market Cap: ₹142.5b

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

Ramco Industries

Market Cap: ₹24.3b

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

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Timex Group India

Market Cap: ₹31.7b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Insolation Energy

Market Cap: ₹31.5b

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

Nestlé Pakistan

Market Cap: PK₨340.0b

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

Britam Holdings

Market Cap: KSh30.9b

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €100.5m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Monolithisch India

Market Cap: ₹10.2b

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

Fauji Foods

Market Cap: PK₨47.6b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.