Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Thai Steel Cable

Market Cap: ฿3.4b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Practic

Market Cap: RON 736.5m

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

Shangri-La Hotel

Market Cap: ฿6.4b

Operates hotels in Bangkok and Chiang Mai provinces.

Forth Smart Service

Market Cap: ฿4.7b

Provides prepaid mobile top-up services in Thailand.

Saha-Union

Market Cap: ฿8.5b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Sugar Terminals

Market Cap: AU$360.0m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Potasios de Chile

Market Cap: CL$488.3b

Engages in investment in shares and other financial instruments in Chile.

Jadranski naftovod d.d

Market Cap: €846.4m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

MAPFRE Middlesea

Market Cap: €110.4m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ91.0m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Capricorn Group

Market Cap: R11.0b

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

Standard Bank

Market Cap: MK 563.9b

Provides banking and other related services in Malawi.

Darwin

Market Cap: €87.6m

Operates as a biotechnology company.

Zambia Sugar

Market Cap: K13.2b

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

Morris State Bancshares

Market Cap: US$265.7m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

TSTE

Market Cap: ฿5.5b

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

Hunan Investment GroupLtd

Market Cap: CN¥2.8b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

S.A.S. Dragon Holdings

Market Cap: HK$3.0b

An investment holding company, provides electronic supply chain services in Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, Macao, and internationally.

Hua Na Hydropower

Market Cap: ₫5.8t

Engages in the electricity generation activities.

Baazeem Trading

Market Cap: ر.س583.2m

Operates as a FMCG distribution company.

Pacific Construction

Market Cap: NT$3.5b

Engages in the construction business in Taiwan and Malaysia.

Vasa Denticity

Market Cap: ₹9.9b

Trades in dental products in India.

Subaru Enterprise

Market Cap: JP¥38.8b

Engages in the maintenance and cleaning of roads and road ancillary facilities in Japan.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥6.3b

Provides green energy solutions worldwide.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Sunway

Market Cap: CN¥4.8b

Engages in the research and development, production, sale, and service of cable products in China.

Donpon Precision

Market Cap: NT$3.7b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.

Mamata Machinery

Market Cap: ₹12.4b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Center International GroupLtd

Market Cap: CN¥5.7b

Provides building metal enclosure systems solutions in China.

Firich Enterprises

Market Cap: NT$7.6b

Engages in the assembly, manufacture, import, and export of business-oriented computers and its peripheral equipment in Taiwan, China, rest of the Asia, Europe, and the United States.