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.

Standard Chartered Bank Kenya

Market Cap: KSh100.2b

Provides various banking products and services for individuals and businesses.

Nestlé Pakistan

Market Cap: PK₨320.8b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Britam Holdings

Market Cap: KSh16.4b

An investment holding company, provides financial solutions in Kenya, Uganda, South Sudan, Rwanda, Tanzania, Malawi, and Mozambique.

Waja

Market Cap: ر.س509.6m

Engages in the construction, media and communication, and information technology businesses.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س750.4m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Jamuna Bank

Market Cap: ৳17.1b

Provides various banking products and services in Bangladesh.

Sure Global Tech

Market Cap: ر.س632.5m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

Maistra d.d

Market Cap: €514.4m

Engages in the hotel business in Croatia.

Bank Ganesha

Market Cap: Rp2.0t

Provides various general banking products and services for individuals and businesses in Indonesia.

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Fortune Mate Indonesia

Market Cap: Rp2.7t

Provides real estate development and construction services in Indonesia.

SALUS Ljubljana d. d

Market Cap: €252.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

First IC

Market Cap: US$172.7m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.

Bakrie & Brothers

Market Cap: Rp5.5t

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

SHL Consolidated Bhd

Market Cap: RM 554.5m

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

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.

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.

Pakistan National Shipping

Market Cap: PK₨51.2b

Engages in the shipping business worldwide.

National Credit and Commerce Bank

Market Cap: ৳12.8b

Provides various commercial banking services in Bangladesh.

Saudi Chemical Holding

Market Cap: ر.س6.9b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

MOBI Industry

Market Cap: ر.س689.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

AB Vilkyskiu pienine

Market Cap: €148.7m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Linde Bangladesh

Market Cap: ৳13.4b

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

Baazeem Trading

Market Cap: ر.س607.5m

Operates as a FMCG distribution company.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.0m

Engages in insurance and reinsurance operations in Kuwait.

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.

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.