Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Ibrahim Fibres

Market Cap: PK₨80.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Fauji Foods

Market Cap: PK₨54.7b

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

Nestlé Pakistan

Market Cap: PK₨358.5b

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

Canal Shipping Agencies

Market Cap: ج.م10.2b

Provides various shipping services to the international commercial fleet in Egypt.

Practic

Market Cap: RON 950.3m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

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

Joyce

Market Cap: AU$157.9m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

MCH Group

Market Cap: CHF 133.6m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Capricorn Group

Market Cap: R13.2b

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

Transcorp Power

Market Cap: ₦2.3t

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

Inversiones Doalca SOCIMI

Market Cap: €156.6m

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

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$990.2m

Provides wholesale banking services worldwide.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Namibia Breweries

Market Cap: R6.2b

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 84.1b

Processes heavy bitumen crude in Africa.

Central Forest Group

Market Cap: JP¥22.2b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Bijou Brigitte modische Accessoires

Market Cap: €329.7m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Acsion

Market Cap: R3.8b

Engages in property holding and development activities in South Africa and internationally.

Medinice

Market Cap: zł399.3m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

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

Market Cap: ج.م25.6b

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

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Bank of Africa Mali

Market Cap: XOF 118.0b

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

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

ANSA Merchant Bank

Market Cap: TT$2.1b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Sopharma AD

Market Cap: €960.6m

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

Telekom Networks Malawi

Market Cap: MK 360.6b

Provides telecommunication services to enterprises and individual customers in Malawi.

Alantra Partners

Market Cap: €342.4m

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

Dekpol

Market Cap: zł747.6m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

FRoSTA

Market Cap: €662.2m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 460.7b

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

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.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.