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.

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

AGI Infra

Market Cap: ₹19.9b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Macpower CNC Machines

Market Cap: ₹8.8b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

3B Blackbio Dx

Market Cap: ₹14.9b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹22.4b

Engages in manufacture and trading of synthetic food colors.

MMTC

Market Cap: ₹85.4b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Lotus Chocolate

Market Cap: ₹12.7b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

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.

National Investments Company K.S.C.P

Market Cap: د.ك206.4m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial services company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

Oswal Greentech

Market Cap: ₹10.2b

Develops real estate projects in India.

Raymond

Market Cap: ₹104.1b

Engages in the real estate and engineering businesses in India.

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.

Rir Power Electronics

Market Cap: ₹15.6b

Engages in the manufacture and sale of power semiconductor devices and high-power equipment in India.

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.

Wealth First Portfolio Managers

Market Cap: ₹9.5b

Provides share and stock broking services in India.

Pakistan National Shipping

Market Cap: PK₨51.2b

Engages in the shipping business worldwide.

Kalyani Investment

Market Cap: ₹20.0b

A non-deposit taking core investment company, engages in making investments in group companies in India.