Global Retail Undiscovered Gems With Strong Fundamentals

Jordanian Duty Free Shops

Market Cap: د.أ146.3m

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

Baazeem Trading

Market Cap: ر.س639.9m

Operates as a FMCG distribution company.

Terminal X Online

Market Cap: ₪841.0m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Joyce

Market Cap: AU$157.0m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

PC Jeweller

Market Cap: ₹73.0b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

AOKI Holdings

Market Cap: JP¥149.7b

Engages in the fashion, anniversary and bridal, entertainment, and real estate rental businesses in Japan.

YagiLtd

Market Cap: JP¥27.9b

Together its subsidiaries, operates as a fiber trading company in Japan.

AlpenLtd

Market Cap: JP¥91.3b

Engages in the development and sale of sporting products in Japan.

Kurashicom

Market Cap: JP¥16.1b

Engages in the retail of clothing products and general goods.

D. P. Abhushan

Market Cap: ₹32.9b

Engages in the manufacturing, sale, and trading of gold, diamond, platinum, silver jewellery, and other precious metals in India.

Marketing Home Group Company for Trading

Market Cap: ر.س908.8m

Operates as a trading company in the Kingdom of Saudi Arabia, the United Arab Emirates, the People’s Republic of China, Kingdom of Spain, and Arab Republic of Egypt.

Caturkarda Depo Bangunan

Market Cap: Rp1.9t

Operates a building materials supermarket in Indonesia.

Atlan Holdings Bhd

Market Cap: RM 781.2m

An investment holding company, engages in the manufacture and sale of automotive components in Malaysia.

Motisons Jewellers

Market Cap: ₹15.2b

Engages in the manufacture and retail of jewelry in India.

APB Apranga

Market Cap: €186.3m

Engages in the retail trade of apparel in the Baltic countries.

Agencia Comercial Spirits

Market Cap: US$347.9m

Imports, procures, distributes, and sells bottled, raw cask, and proprietary brand whisky products in Taiwan and international markets.

Shanghai Shenda

Market Cap: CN¥6.2b

Engages in the research and development, and manufacturing of industrial textiles in China.

N. Varveris-Moda Bagno

Market Cap: €98.6m

Engages in the retail trade of bathroom and kitchen products in Europe.

Abdullah Saad Mohammed Abo Moati for Bookstores

Market Cap: ر.س915.6m

Engages in the retail and wholesale trading of stationery, computers, and other accessories in the Kingdom of Saudi Arabia.

GNG Electronics

Market Cap: ₹34.3b

GNG Electronics Limited refurbishes, repairs, and sells laptops, desktops, tablets, servers, smartphones, mobile workstations, and accessories in India.

Fiamma Holdings Berhad

Market Cap: RM 583.3m

Engages in the distribution and servicing of electrical home appliances in Malaysia.

PNGS Gargi Fashion Jewellery

Market Cap: ₹10.5b

Engages in the trading of fashion and costume jewelry, articles of silver, and other articles in India.

Auto Nejma Maroc

Market Cap: د.م4.7b

Engages in the importing, distribution, marketing, and exporting of passenger and utility vehicles, spare parts, and automobile accessories in Morocco.

Saga Falabella

Market Cap: S/946.5m

Operates chain of department stores in Peru.

Organización Terpel

Market Cap: Col$3.6t

Operates fuel service stations in Colombia, Panama, Ecuador, Peru, and the Dominican Republic.

CFAO Motors Cote d'Ivoire

Market Cap: XOF 263.9b

Distributes vehicles and spare parts under the Citroën, Peugeot, Toyota, Mitsubishi, Yamaha, Suzuki, and JCB et Bridgestone brands in Africa and France.

CA Sales Holdings

Market Cap: P6.8b

Engages in the fast-moving consumer good business in Botswana, Eswatini, Namibia, South Africa, Lesotho, Mauritius, Zambia, and Zimbabwe.

Gansu Guofang Industry & Trade (Group)

Market Cap: CN¥7.1b

Gansu Guofang Industry & Trade (Group) Co., Ltd.

LVMC Holdings

Market Cap: ₩297.3b

Manufactures, imports, and distributes automobiles and motorcycles in Vietnam and internationally.

Empresas Tricot

Market Cap: CL$280.3b

Engages in the sale of clothing and fashion accessories in Chile.

Yellow Hat

Market Cap: JP¥144.1b

Yellow Hat Ltd. is involved in the retail of car and motorcycle accessories.

SPK

Market Cap: JP¥23.4b

Engages in the trading of automotive spare parts and accessories, and industrial vehicle parts in Japan, Asia, Oceania, Central America, and South America.

BMMI B.S.C

Market Cap: ب.د68.6m

Engages in the wholesale and retail of food, beverages, and other consumable items.

Golf & Co Group

Market Cap: ₪327.6m

Operates as a retail company in the field of fashion, home styling, and apparel in Israel.

Skel fjárfestingafélag hf

Market Cap: ISK 30.4b

An investment company, engages in the purchasing, distribution, and wholesale of fuel, lubricants, cleaning and chemical products, fertilizers, and other products and services to companies and farmers in Iceland.

Lewis Group

Market Cap: R4.7b

Engages in the retail of household furniture, home appliances, electronic goods, and homewares in South Africa, Botswana, Lesotho, Eswatini, and Namibia.