Global Undiscovered Gems With Strong Fundamentals

CTCI Advanced Systems

Market Cap: NT$3.7b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Polyram Plastic Industries

Market Cap: ₪1.2b

Manufactures and supplies thermoplastic compounds in Israel and internationally.

Payton Industries

Market Cap: ₪543.9m

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.

Malam - Team

Market Cap: ₪1.8b

Provides information technology services in Israel.

Libra Insurance

Market Cap: ₪659.2m

Engages in the general insurance business in Israel.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

Terminal X Online

Market Cap: ₪576.0m

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

Misr Beni Suef CementE

Market Cap: ج.م5.1b

Produces and sells cement products in Egypt and internationally.

Luxchem Corporation Berhad

Market Cap: RM 481.0m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م11.4b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Formula Systems (1985)

Market Cap: ₪5.8b

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.

Rimoni Industries

Market Cap: ₪395.1m

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.

C. Mer Industries

Market Cap: ₪428.8m

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

Amir Marketing and Investments in Agriculture

Market Cap: ₪427.4m

Supplies and markets agricultural inputs in Israel.

Y.D. More Investments

Market Cap: ₪1.4b

A privately owned Investment Manager.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.1b

A publicly owned investment manager.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Citra Tubindo

Market Cap: Rp4.0t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Keir International

Market Cap: ر.س474.0m

Provides a range of service solutions.

Cahaya Aero Services

Market Cap: Rp3.9t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

ManpowerGroup Greater China

Market Cap: HK$884.0m

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

AB Vilkyskiu pienine

Market Cap: €144.5m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Amanat Holdings PJSC

Market Cap: د.إ2.7b

Engages in the investment in companies and enterprises in the fields of education and healthcare in the United Arab Emirates and internationally.

Mendelson Infrastructures & Industries

Market Cap: ₪620.5m

Mendelson Infrastructures & Industries Ltd.

Bakrie & Brothers

Market Cap: Rp5.4t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Sun

Market Cap: MU₨6.3b

Operates in the tourism sector.

Jamuna Bank

Market Cap: ৳14.6b

Provides various banking products and services in Bangladesh.

Linde Bangladesh

Market Cap: ৳13.0b

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

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Johnson Chemical Pharmaceutical Works

Market Cap: NT$3.2b

Johnson Chemical Pharmaceutical Works Co., Ltd.

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.

Tai Sin Electric

Market Cap: S$186.4m

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

National Credit and Commerce Bank

Market Cap: ৳12.8b

Provides various commercial banking services in Bangladesh.

Fortune Mate Indonesia

Market Cap: Rp2.6t

Provides real estate development and construction services in Indonesia.

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

Surya Toto Indonesia

Market Cap: Rp2.4t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.