Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Jamuna Bank

Market Cap: ৳17.1b

Provides various banking products and services in Bangladesh.

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

Taiyo KagakuLtd

Market Cap: JP¥29.5b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Padma Oil

Market Cap: ৳17.7b

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

National Credit and Commerce Bank

Market Cap: ৳12.8b

Provides various commercial banking services in Bangladesh.

Ruentex Interior Design

Market Cap: NT$3.6b

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

National Corporation for Tourism and Hotels

Market Cap: د.إ4.9b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

ManpowerGroup Greater China

Market Cap: HK$886.0m

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

Linde Bangladesh

Market Cap: ৳13.4b

Manufactures and supplies industrial and medical gases, welding products and equipment, and ancillary equipment in Bangladesh.

SHL Consolidated Bhd

Market Cap: RM 554.5m

An investment holding company, engages in the development of integrated commercial and residential properties in Malaysia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.0m

Engages in insurance and reinsurance operations in Kuwait.

Bank of Africa Mali

Market Cap: XOF 70.7b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Reitar Logtech Holdings

Market Cap: US$223.5m

Through its subsidiaries, provides construction management and engineering design services.

Telematic Interactive Bulgaria EAD

Market Cap: лв276.6m

Offers online betting and gambling services.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺4.1b

Engages in the production and sale of cotton and synthetic yarn in Turkey and internationally.

Smart Organic AD

Market Cap: лв356.1m

Engages in the production and distribution of organic products worldwide.

Innovex International

Market Cap: US$1.0b

Designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺7.7b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Ege Endüstri ve Ticaret

Market Cap: ₺28.0b

Develops, manufactures, and sells axle and suspension system components for commercial vehicles and special vehicle applications in Turkey and internationally.

Vakif Gayrimenkul Yatirim Ortakligi

Market Cap: ₺6.9b

A real estate investment trust.

Practic

Market Cap: RON 567.2m

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

MAPFRE Middlesea

Market Cap: €133.4m

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

Rotshtein Realestate

Market Cap: ₪1.3b

Develops and constructs residential projects in Israel.

Malam - Team

Market Cap: ₪1.7b

Provides information technology services in Israel.

Terminal X Online

Market Cap: ₪567.7m

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

C. Mer Industries

Market Cap: ₪388.6m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Formula Systems (1985)

Market Cap: ₪5.5b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.1b

A publicly owned investment manager.

Payton Industries

Market Cap: ₪529.7m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Rimoni Industries

Market Cap: ₪389.9m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Y.D. More Investments

Market Cap: ₪1.2b

A privately owned Investment Manager.

Aura Investments

Market Cap: ₪5.3b

Together with its subsidiaries engages in locating, initiating, planning, and building projects in the field of residential real estate in Israel and internationally.

Amir Marketing and Investments in Agriculture

Market Cap: ₪418.0m

Supplies and markets agricultural inputs in Israel.