Global Undiscovered Gems With Strong Fundamentals

Ovostar Union

Market Cap: zł421.2m

Produces and distributes shell eggs and egg products under the YASENSVIT and OVOSTAR brands in Ukraine, the European Union, the Middle East, Asia, Africa, and the Commonwealth of Independent States.

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.

Jordanian Duty Free Shops

Market Cap: د.أ142.9m

Invests in, operates, and manages duty-free shops.

Central Finance

Market Cap: LK₨44.5b

Provides various financial solutions primarily in Sri Lanka.

TBS Energi Utama

Market Cap: Rp2.8t

Through its subsidiaries, invests in the coal mining and trading, palm oil plantation, independent power producer, waste management, renewable energy, and wholesale and retail of vehicles in Indonesia and internationally.

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining in Indonesia.

Parker Drilling

Market Cap: US$165.6m

Provides contract drilling and drilling-related services, and rental tools and services to the energy industry.

Ceylinco Holdings

Market Cap: LK₨77.0b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Hayleys

Market Cap: LK₨102.4b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Shangri-La Hotel

Market Cap: ฿5.4b

Operates hotels in Bangkok and Chiang Mai provinces.

Invest Bank

Market Cap: د.أ196.3m

Provides various banking and related financial services in Jordan.

Vinacomin - Power Holding

Market Cap: ₫8.8t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Liburnia Riviera Hoteli d.d

Market Cap: €96.8m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

ASA Gold and Precious Metals

Market Cap: US$486.4m

A publicly owned investment manager.

Mirbud

Market Cap: zł1.6b

Operates as a general contractor in the construction industry in Poland.

M&G Credit Income Investment Trust

Market Cap: UK£146.2m

Engages in investment in a portfolio of public and private debt and debt-like instruments.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.0b

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

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

Market Cap: ج.م7.7b

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.

Primadaya Plastisindo

Market Cap: Rp1.7t

Manufactures and sells plastic packaging products.

Dekpol

Market Cap: zł409.8m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

Zona Franca de Iquique

Market Cap: CL$203.6b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Canal Shipping Agencies

Market Cap: ج.م6.8b

Provides various shipping services to the international commercial fleet in Egypt.

Morris State Bancshares

Market Cap: US$230.4m

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

Marítima de Inversiones

Market Cap: CL$260.4b

Maritima de Inversiones SA is a publicly owned investment manager.

Transnational Corporation of Nigeria

Market Cap: ₦518.3b

Together with the subsidiaries, engages in the hospitality, power, agro-allied, and oil and gas businesses in Nigeria.

Central Forest Group

Market Cap: JP¥21.9b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Onde

Market Cap: zł574.6m

Engages in the designing and construction solutions for the renewable energy sector in Poland and internationally.

FRMO

Market Cap: US$386.1m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Bahnhof

Market Cap: SEK 5.2b

Engages in the Internet and telecommunications business in Sweden and rest of Europe.

Teekay

Market Cap: US$521.2m

Engages in the crude oil and other marine transportation services worldwide.

Omega Flex

Market Cap: US$403.8m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Moury Construct

Market Cap: €189.2m

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium.

Pure Cycle

Market Cap: US$259.1m

Provides wholesale water and wastewater services in the United States.

Oakworth Capital

Market Cap: US$162.7m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Intellego Technologies

Market Cap: SEK 1.0b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.