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.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

La Positiva Seguros y Reaseguros

Market Cap: S/604.5m

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

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Hermes Transportes Blindados

Market Cap: S/754.7m

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Namibia Breweries

Market Cap: R6.6b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Security Federal

Market Cap: US$114.4m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Tchaikapharma High Quality Medicines AD

Market Cap: €882.3m

Develops, manufactures, and sells medicines in Bulgaria.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

MAPFRE Middlesea

Market Cap: €125.1m

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

Zhejiang Haisen Pharmaceutical

Market Cap: CN¥3.3b

Engages in the research, development, production, and sale of pharmaceutical intermediates, active pharmaceutical ingredients, and preparations in China and internationally.

Tianjin Lisheng PharmaceuticalLtd

Market Cap: CN¥4.7b

Engages in the research and development, production, and sale of pharmaceutical products in China and internationally.

Vietnam National Reinsurance

Market Cap: ₫4.1t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Shipping Corporation of India

Market Cap: ₹147.3b

A marginal liner shipping company, engages in the business of transporting goods in India.

Monolithisch India

Market Cap: ₹11.7b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

HARBIN GLORIA PHARMACEUTICALS

Market Cap: CN¥6.9b

Engages in the research, development, production, and sale of pharmaceutical products in the People’s Republic of China.

Pizu Group Holdings

Market Cap: HK$6.5b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

YAPP Automotive Systems

Market Cap: CN¥10.6b

Research and develops, manufactures, sells, and services of energy storage system products and thermal management system products.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥3.5b

Engages in the research and development, production, and sale of precipitated silica.

Kanda HoldingsLtd

Market Cap: JP¥18.8b

Through its subsidiaries, operates as a logistics company in Japan and internationally.

BLS E-Services

Market Cap: ₹18.9b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Ramco Industries

Market Cap: ₹24.3b

Engages in the building products, textiles, and power generation businesses in India.

Xiamen King Long Motor Group

Market Cap: CN¥10.4b

Engages in the research and development, design, manufacturing, and sale of passenger vehicles in China and internationally.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

Danang Port

Market Cap: ₫2.9t

Offers port services in Vietnam.

China Bohai Bank

Market Cap: HK$15.1b

Provides financial service solutions to enterprises and public institutions in the People’s Republic of China.

CAC Holdings

Market Cap: JP¥30.8b

Through its subsidiaries, provides information technology services in Japan and internationally.

DAM Capital Advisors

Market Cap: ₹11.4b

Provides investment banking services.

Bonraybio

Market Cap: NT$3.8b

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

Palasino Holdings

Market Cap: HK$1.0b

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

Go Hub Capital Berhad

Market Cap: RM 580.8m

Provides IT solutions to the bus, railway, and other transportation industries in Malaysia.

Macpower CNC Machines

Market Cap: ₹11.2b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

Jiangsu Hengxing New Material TechnologyLtd

Market Cap: CN¥3.7b

Jiangsu Hengxing New Material Technology Co.,Ltd.

Rectron

Market Cap: NT$4.7b

Manufactures and sells discrete semiconductors in Taiwan, rest of Asia, the United States, Europe, and internationally.