Global Undiscovered Gems With Strong Fundamentals

MAPFRE Middlesea

Market Cap: €133.4m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Practic

Market Cap: RON 567.2m

Engages in the lease and sublease of real estate properties in Romania.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Industrias del Cobre Sociedad Anónima

Market Cap: S/762.2m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/714.3m

Engages distribution of electricity in Peru.

Quemchi

Market Cap: CL$95.2b

Quemchi, S.A. engages in maritime transport, cargo and shipping services, and investments businesses.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥3.6b

Develops, manufactures, and sells laser holographic molded products.

Minmetals Development

Market Cap: CN¥7.8b

Engages in resource trading, metal trading, and supply chain services in China and internationally.

MMTC

Market Cap: ₹92.7b

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

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Fengyinhe Holdings

Market Cap: HK$1.2b

An investment holding company, provides various financial services to real estate industry in the People’s Republic of China.

Tai Sin Electric

Market Cap: S$186.4m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Sinopower Semiconductor

Market Cap: NT$3.9b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Ve Wong

Market Cap: NT$9.8b

Produces and distributes foods, drinks, and seasonings in Taiwan, Thailand, and Vietnam.

Showbox

Market Cap: ₩200.4b

Engages in the investment, production, and distribution of films in South Korea, North America, Asia, Europe, and internationally.

Hoang Huy Investment Financial Services

Market Cap: ₫12.1t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

DAM Capital Advisors

Market Cap: ₹15.7b

Provides investment banking services.

Changsha Tongcheng HoldingsLtd

Market Cap: CN¥2.9b

Engages in commercial retail, comprehensive investment, and tourism hotels businesses in China.

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.

Luxchem Corporation Berhad

Market Cap: RM 481.0m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Forest Packaging GroupLtd

Market Cap: CN¥3.1b

Manufactures and sells various paper packaging products in China and internationally.

Chin Hsin Environ Engineering

Market Cap: NT$3.2b

Provides general, hazardous industrial, and biomedical waste removal and treatment services in Taiwan.

Hong Ho Precision TextileLtd

Market Cap: NT$3.8b

Manufactures and sells various textiles in Taiwan.

Anapass

Market Cap: ₩235.2b

Operates as a SoC semiconductor provider in the display market in South Korea.

Shenzhen Coship Electronics

Market Cap: CN¥6.8b

Engages in the manufacture and sale of smart home products and services worldwide.

Huasi Holding

Market Cap: CN¥1.8b

Operates in the fur industry in China and internationally.

Shandong Longquan Pipe IndustryLtd

Market Cap: CN¥2.3b

Engages in the production, sale, installation, and service of prestressed concrete cylinder pipes and metal pipe fittings in China.

Sinomag Technology

Market Cap: CN¥4.2b

Engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide.

Camelot Electronics TechnologyLtd

Market Cap: CN¥3.2b

Engages in the research, production, and sale of printed circuit boards in China and internationally.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, engages in marketing, promotion and channel management of pharmaceutical products and medical devices primarily in the People’s Republic of China.

Krishana Phoschem

Market Cap: ₹21.8b

Engages in the manufacture and sale of fertilizers and chemicals in India.

Indofood Agri Resources

Market Cap: S$453.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Wison Engineering Services

Market Cap: HK$1.2b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.