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.

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.

National Credit and Commerce Bank

Market Cap: ৳12.8b

Provides various commercial banking services in Bangladesh.

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.

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.

Smart Organic AD

Market Cap: лв356.1m

Engages in the production and distribution of organic products worldwide.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.0b

Operates as an asset management company.

Vakif Gayrimenkul Yatirim Ortakligi

Market Cap: ₺6.9b

A real estate investment trust.

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.

Birlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.1b

Provides heating, cooling, ventilation, and other mechanical installation services.

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.

Rotshtein Realestate

Market Cap: ₪1.3b

Develops and constructs residential projects 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.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

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.

Malam - Team

Market Cap: ₪1.7b

Provides information technology services in Israel.

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.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

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.

Libra Insurance

Market Cap: ₪652.4m

Engages in the general insurance business in Israel.

Solesence

Market Cap: US$238.4m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Lampsa Hellenic Hotels

Market Cap: €790.5m

Operates hotels primarily in Greece, Cyprus, and Serbia.