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.

Ellaktor

Market Cap: €482.2m

Through its subsidiaries, operates as an infrastructure company in Greece, other European countries, Gulf countries, and the Americas.

Conoil

Market Cap: ₦229.8b

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

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.

Omega Flex

Market Cap: US$294.8m

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

Anbio Biotechnology

Market Cap: US$290.1m

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, and internationally.

First National Bank of Botswana

Market Cap: P13.1b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

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.

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Transnational Corporation of Nigeria

Market Cap: ₦421.7b

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

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.

Martifer SGPS

Market Cap: €175.5m

Operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally.

Reitar Logtech Holdings

Market Cap: US$261.0m

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

Cashmere Valley Bank

Market Cap: US$220.2m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

Invests in, operates, and manages duty-free shops.

Mirbud

Market Cap: zł1.4b

Operates as a general contractor in the construction industry in Poland.

Rimoni Industries

Market Cap: ₪374.0m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

AB Traction

Market Cap: SEK 3.8b

A private equity firm specializing in distressed, middle market, later stage, mature, bridge, recapitalization, buyouts and PIPES investments.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €363.6m

Operates as a cooperative bank in France.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م8.1b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Alantra Partners

Market Cap: €298.2m

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

SALUS Ljubljana d. d

Market Cap: €242.4m

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

Flügger group

Market Cap: DKK 935.6m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

Hua Na Hydropower

Market Cap: ₫5.8t

Engages in the electricity generation activities.

Central Cooperative Bank AD

Market Cap: лв199.6m

A commercial bank, provides various financial products and services.

Oakworth Capital

Market Cap: US$151.7m

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

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Zambia Sugar

Market Cap: K12.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Jadranski naftovod d.d

Market Cap: €775.9m

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

Grendene

Market Cap: R$5.0b

Engages in the development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Itafos

Market Cap: CA$423.4m

Operates as a phosphate and specialty fertilizer company.

Capricorn Group

Market Cap: R10.8b

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

Sugar Terminals

Market Cap: AU$363.6m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Marítima de Inversiones

Market Cap: CL$256.2b

Maritima de Inversiones SA is a publicly owned investment manager.