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.

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining in Indonesia.

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.

Central Finance

Market Cap: LK₨44.5b

Provides various financial solutions primarily in Sri Lanka.

Ceylinco Holdings

Market Cap: LK₨77.0b

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

Cardig Aero Services

Market Cap: Rp3.4t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.4t

Engages in the coal mining and trading activities 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.

Hayleys

Market Cap: LK₨102.4b

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

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.

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.

Jordanian Duty Free Shops

Market Cap: د.أ142.9m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.0b

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

FRMO

Market Cap: US$386.1m

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

Omega Flex

Market Cap: US$403.8m

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

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.

Pure Cycle

Market Cap: US$259.1m

Provides wholesale water and wastewater services in the United States.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺20.5b

Provides software development services to public and private organizations in Turkey.

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.

Onde

Market Cap: zł574.6m

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

Central Forest Group

Market Cap: JP¥21.9b

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

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.

Verusa Holding

Market Cap: ₺15.8b

A private equity and venture capital firm specializing in recapitalizations, growth capital, restructuring, growth equity, growth stage, and Pre-Initial Public Offering companies.

Libra Insurance

Market Cap: ₪497.7m

Engages in the general insurance business in Israel.

Payton Industries

Market Cap: ₪549.7m

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.

Isracard

Market Cap: ₪3.5b

Operates as a credit card company in Israel.

Terminal X Online

Market Cap: ₪652.6m

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

TopGum Industries

Market Cap: ₪951.8m

Develops, manufactures, and markets dietary and nutraceutical gummies.

Meditera Tibbi Malzeme Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺5.1b

Manufactures and sells medical devices in Turkey.

Vakif Gayrimenkul Yatirim Ortakligi

Market Cap: ₺7.2b

A real estate investment trust.

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.