Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Shahjalal Islami Bank

Market Cap: ৳17.8b

Provides commercial banking products and services in Bangladesh.

Dutch-Bangla Bank

Market Cap: ৳39.6b

Provides various commercial banking products and services to corporate, retail, and institutional customers in Bangladesh.

Padma Oil

Market Cap: ৳17.4b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Amicorp FS (UK)

Market Cap: US$123.7m

Provides fund administration, business process outsourcing, and governance and compliance services for investment funds, asset managers, and family offices in the United Kingdom.

Cairo Poultry CompanyE

Market Cap: ج.م18.2b

Operates as an integrated poultry company in Egypt.

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

Market Cap: ج.م25.6b

Provides various banking products and services in Egypt.

Saudi Chemical Holding

Market Cap: ر.س7.1b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Zahrat Al Waha For Trading

Market Cap: ر.س567.0m

Engages in the manufacturing and sale of PET preforms and HDPE closure in the Kingdom of Saudi Arabia.

National Credit and Commerce Bank

Market Cap: ৳16.9b

Provides various commercial banking products and services in Bangladesh.

MKH Berhad

Market Cap: RM 1.1b

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

Nigerian Aviation Handling

Market Cap: ₦422.1b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the electric generation business in Vietnam.

Luyuan Group Holding (Cayman)

Market Cap: HK$4.7b

Through its subsidiaries, design, research, development, manufacture, and sale of electric vehicles and related accessories in Mainland China and Germany.

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Danang Port

Market Cap: ₫2.9t

Offers port services in Vietnam.

Nippon Sharyo

Market Cap: JP¥47.6b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Ilyang PharmaceuticalLtd

Market Cap: ₩159.7b

Operates as a pharmaceutical company primarily in South Korea.

Toukei Computer

Market Cap: JP¥77.5b

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

ManpowerGroup Greater China

Market Cap: HK$1.1b

An investment holding company, provides workforce solutions and other human resource services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Palasino Holdings

Market Cap: HK$967.9m

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Compañía Electro Metalúrgica

Market Cap: CL$700.8b

Provides solutions for the mining industry in Chile, Argentina, China, the United States, Peru, and South Africa.

Quemchi

Market Cap: CL$95.2b

Quemchi, S.A. engages in maritime transport, cargo and shipping services, and investments businesses.

La Positiva Seguros y Reaseguros

Market Cap: S/604.5m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Hermes Transportes Blindados

Market Cap: S/754.7m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Marítima de Inversiones

Market Cap: CL$277.9b

Maritima de Inversiones SA is a publicly owned investment manager.

Kung Sing Engineering

Market Cap: NT$5.1b

Engages in the construction business in Taiwan.

Ryoyu Systems

Market Cap: JP¥37.7b

Provides design, development, operation and maintenance of information and communication systems for various industries in Japan.

Australian United Investment

Market Cap: AU$2.4b

A publicly owned investment manager.

NS United Kaiun Kaisha

Market Cap: JP¥184.3b

Engages in the marine transportation services and related business in Japan and internationally.

Center International GroupLtd

Market Cap: CN¥6.8b

Provides building metal enclosure systems solutions in China.

Tamagawa Holdings

Market Cap: JP¥17.4b

Engages in the electronic and communication equipment business and renewable energy.

Beijing Hengyu Datacom Aviation Equipment

Market Cap: CN¥3.6b

Beijing Hengyu Datacom Aviation Equipment Co., Ltd.

Kolmar HoldingsLtd

Market Cap: ₩315.9b

Manufactures and sells cosmetics, pharmaceuticals, and health functional foods in South Korea and internationally.