Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Mulpha International Bhd

Market Cap: RM 936.9m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Hua Na Hydropower

Market Cap: ₫5.6t

Engages in the electricity generation activities.

Vietnam Container Shipping

Market Cap: ₫11.2t

Engages in port services activities in Vietnam.

Ha Giang Mineral Mechanics

Market Cap: ₫3.6t

Explores, extracts, and process mineral ores in Vietnam and internationally.

TSTE

Market Cap: ฿4.4b

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

PBA Holdings Bhd

Market Cap: RM 662.0m

An investment holding company, operates as a water supplier in Malaysia.

PAN Group

Market Cap: ₫6.9t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Zambia Sugar

Market Cap: K15.2b

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

Itafos

Market Cap: CA$566.2m

Operates as a phosphate and specialty fertilizer company.

Pure Cycle

Market Cap: US$243.2m

Provides wholesale water and wastewater services in the United States.

Linkhome Holdings

Market Cap: US$145.1m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Rich Sparkle Holdings

Market Cap: US$509.0m

Provides financial printing and corporate services in Hong Kong.

FRMO

Market Cap: US$386.1m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Oakworth Capital

Market Cap: US$160.5m

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

First Bancorp

Market Cap: US$304.7m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

SUI Group Holdings

Market Cap: US$569.0m

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

Solesence

Market Cap: US$258.0m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

FineMark Holdings

Market Cap: US$515.6m

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

Gulf Island Fabrication

Market Cap: US$108.4m

Operates as a fabricator of steel structures and modules in the United States.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

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

Senstar Technologies

Market Cap: US$105.0m

Provides physical, video, and access control security products and solutions worldwide.

ASA Gold and Precious Metals

Market Cap: US$710.2m

A publicly owned investment manager.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Valhi

Market Cap: US$461.6m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Soma Gold

Market Cap: CA$148.9m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Lampsa Hellenic Hotels

Market Cap: €850.3m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Southern Michigan Bancorp

Market Cap: US$111.0m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.