Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Famous Brands

Market Cap: R5.2b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa.

Zona Franca de Iquique

Market Cap: CL$231.8b

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

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.8b

Manufactures and sells heavy machinery and equipment.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺35.4b

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

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺8.1b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺19.4b

Provides software development services to public and private organizations in Turkey.

Alumil Aluminium Industry

Market Cap: €154.9m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Central Cooperative Bank AD

Market Cap: лв211.0m

A commercial bank, provides various financial products and services.

GB Holdings

Market Cap: US$54.7m

Provides rubber and chemical products in Zimbabwe.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł937.2m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Master Drilling Group

Market Cap: R2.4b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Evergent Investments

Market Cap: RON 2.4b

A publicly owned investment manager.

SALUS Ljubljana d. d

Market Cap: €407.7m

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

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺11.4b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.7b

Operates as an asset management company.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Performance Technologies

Market Cap: €107.2m

Provides IT solutions in Greece.

Transnational Corporation of Nigeria

Market Cap: ₦447.1b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Wema Bank

Market Cap: ₦670.6b

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

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

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

Transcorp Power

Market Cap: ₦2.6t

Engages in the generation and sale of electric power in Nigeria and internationally.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €89.0m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Alantra Partners

Market Cap: €312.9m

Engages in the investment banking and asset management services in Spain and internationally.

Sound Financial Bancorp

Market Cap: US$114.6m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Chilanga Cement

Market Cap: K8.0b

Engages in the manufacture and sale of cement products in Zambia.

FineMark Holdings

Market Cap: US$446.6m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Franklin Financial Services

Market Cap: US$207.1m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Freetrailer Group

Market Cap: €680.5m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Deutsche Balaton

Market Cap: €225.5m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

Bank of Africa Mali

Market Cap: XOF 100.2b

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

A3 Mercados

Market Cap: AR$838.5b

Operates as a market for negotiable securities in Argentina and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 76.4b

Processes heavy bitumen crude in Africa.

va-Q-tec

Market Cap: €401.0m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.