Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

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.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

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.

Terminal X Online

Market Cap: ₪1.0b

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

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.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.2b

Marmaris Altinyunus Turistik Tesisler A.S.

Y.D. More Investments

Market Cap: ₪3.8b

A privately owned Investment Manager.

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.

ADDCN Technology

Market Cap: NT$10.0b

Operates online trading platforms in Taiwan and internationally.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

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.

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺6.7b

Produces and sells food products in Turkey.