Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Affinity Bancshares

Market Cap: US$128.3m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Tri-County Financial Group

Market Cap: US$115.9m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

A3 Mercados

Market Cap: AR$815.2b

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.0b

Provides wholesale banking services worldwide.

Morris State Bancshares

Market Cap: US$266.3m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

First Bancorp

Market Cap: US$317.2m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Seneca Foods

Market Cap: US$763.3m

Provides packaged fruits and vegetables in the United States and internationally.

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$26.3b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Practic

Market Cap: RON 760.3m

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Oakworth Capital

Market Cap: US$180.2m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Jadranski naftovod d.d

Market Cap: €806.1m

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

GTS Internasional

Market Cap: Rp4.6t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥8.7b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Tai Sin Electric

Market Cap: S$269.3m

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

Zhejiang Bofay Electric

Market Cap: CN¥3.5b

Engages in the research, development, production, and sale of polymer composite materials in China and internationally.

Kanda HoldingsLtd

Market Cap: JP¥19.4b

Through its subsidiaries, operates as a logistics company in Japan and internationally.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥11.2b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Dear LifeLtd

Market Cap: JP¥54.4b

Engages in the real estate business in Japan.

Nice

Market Cap: JP¥21.6b

Distributes building materials and housing equipment in Japan.

Saatvik Green Energy

Market Cap: ₹50.0b

Manufactures and sells solar photovoltaic modules in India and internationally.

PC Jeweller

Market Cap: ₹72.7b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Huasi Holding

Market Cap: CN¥1.9b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, Hong Kong, and internationally.

Sichuan Zigong Conveying Machine Group

Market Cap: CN¥7.3b

Sichuan Zigong Conveying Machine Group Co., Ltd.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of precipitated silica.

DoshishaLtd

Market Cap: JP¥113.8b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

Guangdong Brandmax MarketingLtd

Market Cap: CN¥4.4b

Provides technology-driven new scene experience marketing services in China and internationally.

YuanShengTai Dairy Farm

Market Cap: HK$1.1b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.5b

Nanjing Well Pharmaceutical Group Co.,Ltd.