Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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

Market Cap: ج.م27.9b

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.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م23.1b

Provides various banking products and services in Egypt.

Canal Shipping Agencies

Market Cap: ج.م10.4b

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.8b

Produces and sells fertilizers.

Jordanian Duty Free Shops

Market Cap: د.أ145.1m

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.7m

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

Sun

Market Cap: MU₨7.4b

Operates in the tourism sector.

Transcorp Power

Market Cap: ₦2.3t

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

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

VNV Global

Market Cap: SEK 2.8b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Franklin Financial Services

Market Cap: US$240.3m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Bank of Africa Mali

Market Cap: XOF 115.2b

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

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

Metalpha Technology Holding

Market Cap: US$111.0m

Provides wealth management services in Hong Kong.

Procimmo Group

Market Cap: CHF 360.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Asian Terminals

Market Cap: ₱63.0b

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

ASA Gold and Precious Metals

Market Cap: US$999.9m

A publicly owned investment manager.

Central Forest Group

Market Cap: JP¥21.7b

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

Epsilon Energy

Market Cap: US$120.3m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

FRoSTA

Market Cap: €633.6m

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

Grendene

Market Cap: R$4.8b

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

Deutsche Balaton

Market Cap: €233.9m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

A3 Mercados

Market Cap: AR$805.4b

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

Chilanga Cement

Market Cap: K12.6b

Engages in the manufacture and sale of cement products in Zambia.

Envirotainer

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Oakworth Capital

Market Cap: US$178.4m

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

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.

Pure Cycle

Market Cap: US$274.3m

Provides water and wastewater services in the United States.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 460.9b

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

FineMark Holdings

Market Cap: US$468.2m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Freetrailer Group

Market Cap: €730.1m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft49.1b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.