Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Morris State Bancshares

Market Cap: US$274.0m

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

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Security Federal

Market Cap: US$106.7m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Tchaikapharma High Quality Medicines AD

Market Cap: €872.7m

Develops, manufactures, and sells medicines in Bulgaria.

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Onix Solar Energy

Market Cap: ₹18.3b

Engages in the trading of non-ferrous metals in India.

MAPFRE Middlesea

Market Cap: €142.6m

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

M+S Hydraulic AD

Market Cap: €203.1m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Changchun FAWAY Group Automobile Components

Market Cap: CN¥7.6b

Engages in the design, manufacture and sales of automotive interior and exterior parts and components in China.

Cota

Market Cap: JP¥40.2b

Manufactures and sells of hair cosmetics and quasi drugs in Japan and internationally.

Kaneko Seeds

Market Cap: JP¥16.5b

Kaneko Seeds Co., Ltd., together with its subsidiaries, production and sale agricultural seeds in Japan.

Fauji Foods

Market Cap: PK₨37.9b

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

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥13.2b

Tibet Rhodiola Pharmaceutical Holding Co.

Sakar Healthcare

Market Cap: ₹11.5b

Research, develops, manufactures, and sells pharmaceutical products in India.

Nestlé Pakistan

Market Cap: PK₨351.1b

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

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Shenzhen LiantronicsLtd

Market Cap: CN¥4.2b

Provides display solutions in China.

Hoshi Iryo-Sanki

Market Cap: JP¥17.3b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Speed Tech

Market Cap: NT$6.1b

Designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries in Taiwan and internationally.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥6.4b

Engages in the production and sale of edible sugar, beverages, and other food products in China and internationally.

Marusan Securities

Market Cap: JP¥70.6b

Engages in the financial products trading business in Japan.

Shenzhen Jdd Tech New Material

Market Cap: CN¥6.1b

Engages in the research, design, development, production and sale of modified polymer protective materials in China.

JiaXing Gas Group

Market Cap: HK$1.2b

Engages in the sale of piped natural gas (PNG) in Mainland China.

Macnica Galaxy

Market Cap: NT$6.6b

Together with its subisidaries, engages in the agency trading and technical service of semiconductor electronic components in Taiwan, rest of Asia, and internationally.

YuanShengTai Dairy Farm

Market Cap: HK$1.6b

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

Anhui Tongfeng Electronics

Market Cap: CN¥5.4b

Engages in the research and development, production, and sales of thin films, film capacitors and related electronic components in the People’s Republic of China.

Suzhou Fushilai Pharmaceutical

Market Cap: CN¥2.9b

Engages in the research, development, production, and sale of pharmaceutical intermediates, active pharmaceutical ingredients (APIs), and health care raw materials in China and internationally.

Torigoe

Market Cap: JP¥25.6b

Manufactures and sells flours and related products in Japan.

Toukei Computer

Market Cap: JP¥76.8b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥9.1b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Brillian Network & Automation Integrated System

Market Cap: NT$14.7b

Brillian Network & Automation Integrated System Co.

Envipro Holdings

Market Cap: JP¥26.4b

Through its subsidiaries, engages in the resource recycling, global trading, and lithium-ion battery recycling businesses in Japan and internationally.

Jianmin Pharmaceutical GroupLtd

Market Cap: CN¥5.1b

Manufactures and sells medicines in China.

Tianjin You Fa Steel Pipe Group Stock

Market Cap: CN¥8.3b

Tianjin You Fa Steel Pipe Group Stock Co., Ltd.