Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Kuwait Insurance CompanyK.P

Market Cap: د.ك106.3m

Provides various insurance products and services in Kuwait.

National Investments Company K.S.C.P

Market Cap: د.ك255.0m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Practic

Market Cap: RON 712.8m

Engages in the lease and sublease of real estate properties in Romania.

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

Market Cap: Mex$30.3b

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

Namibia Breweries

Market Cap: R6.0b

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

Morris State Bancshares

Market Cap: US$258.3m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Hangzhou Hirisun Technology

Market Cap: CN¥5.0b

Engages in power information system integration business in China.

Tri-County Financial Group

Market Cap: US$114.3m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Tai Sin Electric

Market Cap: S$299.2m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

VICOM

Market Cap: S$563.8m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Mulpha International Bhd

Market Cap: RM 915.5m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Innovana Thinklabs

Market Cap: ₹9.8b

Engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally.

Krishana Phoschem

Market Cap: ₹30.9b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Ibrahim Fibres

Market Cap: PK₨83.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Mamata Machinery

Market Cap: ₹10.4b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Indo Tech Transformers

Market Cap: ₹16.9b

Manufactures and sells transformers in India and internationally.

United Polyfab Gujarat

Market Cap: ₹10.5b

Manufactures, trades in, and sells woven fabrics and processed yarn products in India.

Gulf Insurance Group - Jordan

Market Cap: د.أ83.2m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Lee's Pharmaceutical Holdings

Market Cap: HK$1.1b

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

An Phat Bioplastics

Market Cap: ₫3.1t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Saha-Union

Market Cap: ฿8.2b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Midwest

Market Cap: ₹39.7b

Engages in the exploration, mining, processing, marketing, distribution, and export of natural stones in India and internationally.

PBA Holdings Bhd

Market Cap: RM 645.4m

An investment holding company, operates as a water supplier in Malaysia.

PAN Group

Market Cap: ₫6.3t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Master Trust

Market Cap: ₹14.0b

Provides financial services in India.

Jamuna Bank

Market Cap: ৳19.6b

Provides various banking products and services in Bangladesh.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Thai Steel Cable

Market Cap: ฿3.6b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Q P Group Holdings

Market Cap: HK$909.7m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.

Changjiu Holdings

Market Cap: HK$1.3b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.