Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Kuwait Insurance CompanyK.P

Market Cap: د.ك115.1m

Provides various insurance products and services in Kuwait.

Jamuna Bank

Market Cap: ৳22.2b

Provides various banking products and services in Bangladesh.

ADDCN Technology

Market Cap: NT$10.0b

Operates online trading platforms in Taiwan and internationally.

ABICO Asia Capital

Market Cap: NT$6.0b

Engages in the investment activities.

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.

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.

Bonraybio

Market Cap: NT$4.2b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Hayleys

Market Cap: LK₨180.2b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Central Finance

Market Cap: LK₨63.7b

Provides various financial solutions primarily in Sri Lanka.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Joyce

Market Cap: AU$157.9m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Inpro

Market Cap: zł362.4m

Engages in the construction and sale of residential and commercial real estate properties in Poland.

Payton Industries

Market Cap: ₪624.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Empresas Lipigas

Market Cap: CL$954.2b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

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.

Bank of Africa Mali

Market Cap: XOF 119.3b

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

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.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Dekpol

Market Cap: zł740.9m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Canal Shipping Agencies

Market Cap: ج.م9.8b

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

FRoSTA

Market Cap: €659.5m

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

Central Forest Group

Market Cap: JP¥22.2b

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

Bilici Yatirim Sanayi ve Ticaret

Market Cap: ₺4.5b

Engages in the textiles, tourism, and energy businesses in Turkey.

Telekom Networks Malawi

Market Cap: MK 360.6b

Provides telecommunication services to enterprises and individual customers in Malawi.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft54.5b

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

Alantra Partners

Market Cap: €344.7m

Engages in the investment banking and asset management services in Spain and internationally.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €93.4m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Chilanga Cement

Market Cap: K17.0b

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

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺8.0b

Operates in the tourism, construction, and energy sectors in Turkey.

ANSA Merchant Bank

Market Cap: TT$2.1b

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

Bijou Brigitte modische Accessoires

Market Cap: €333.4m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

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

Market Cap: ج.م25.5b

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.