Global Retail Undiscovered Gems With Strong Fundamentals

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$30.3b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Baazeem Trading

Market Cap: ر.س673.3m

Operates as a FMCG distribution company.

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

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

PC Jeweller

Market Cap: ₹88.4b

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

Terminal X Online

Market Cap: ₪744.9m

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

YagiLtd

Market Cap: JP¥26.0b

Operates as a fiber trading company in Japan.

DoshishaLtd

Market Cap: JP¥102.2b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

AOKI Holdings

Market Cap: JP¥140.7b

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

AlpenLtd

Market Cap: JP¥88.4b

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

Marketing Home Group Company for Trading

Market Cap: ر.س1.1b

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.

Motisons Jewellers

Market Cap: ₹16.3b

Engages in the manufacture and retail of jewelry in India.

D. P. Abhushan

Market Cap: ₹34.6b

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

Atlan Holdings Bhd

Market Cap: RM 621.4m

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

N. Varveris-Moda Bagno

Market Cap: €98.9m

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

APB Apranga

Market Cap: €173.6m

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

Agencia Comercial Spirits

Market Cap: US$218.7m

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

Shanghai Shenda

Market Cap: CN¥6.8b

Engages in the import and export trading of textile products in China.

Caturkarda Depo Bangunan

Market Cap: Rp1.8t

Operates a building materials supermarket in Indonesia.

Auto Nejma Maroc

Market Cap: د.م5.0b

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

PNGS Gargi Fashion Jewellery

Market Cap: ₹11.1b

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

Radhika Jeweltech

Market Cap: ₹10.6b

Engages in the manufacture and retail of jewelry in India.

Manoj Vaibhav Gems 'N' Jewellers

Market Cap: ₹9.9b

Engages in the jewelry retail business under the Vaibhav Jewellers brand in India.

Fox-Wizel

Market Cap: ₪5.0b

Designs, purchases, markets, and distributes of clothing, fashion accessories, underwear, footwear, fashion and sports accessories, home fashion, and baby and children's products.

CFAO Motors Cote d'Ivoire

Market Cap: XOF 388.1b

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.

Organización Terpel

Market Cap: Col$3.0t

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

LVMC Holdings

Market Cap: ₩313.5b

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

Yellow Hat

Market Cap: JP¥126.4b

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

Gansu Guofang Industry & Trade (Group)

Market Cap: CN¥7.3b

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

Empresas Tricot

Market Cap: CL$282.9b

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

Saga Falabella

Market Cap: S/1.0b

Operates chain of department stores in Peru.

Glorious Sun Enterprises

Market Cap: HK$2.0b

An investment holding company, engages in the interior decoration and renovation business in Mainland China, Hong Kong, Australia, New Zealand, Canada, the United States, and internationally.

Fiamma Holdings Berhad

Market Cap: RM 599.2m

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

Blue Pearl Agriventures

Market Cap: ₹50.0b

Engages in the preparing, manufacturing, processing, marketing, trading, import, export, improving, selling and dealing in all kinds of agro/agri/food products including but not limited to spices, oil seeds, grains, vegetables, herbs, pickles and other items derived from agricultural, farming or relevant activities.

Fitaihi Holding Group

Market Cap: ر.س888.3m

Provides gold, jewelry, and luxury products primarily in Saudi Arabia.

Lewis Group

Market Cap: R4.0b

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