Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

AblePrint Technology

Market Cap: NT$24.6b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Yibin City Commercial Bank

Market Cap: HK$11.9b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

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

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Gulf Insurance Group - Jordan

Market Cap: د.أ78.0m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Shangri-La Hotel

Market Cap: ฿5.4b

Operates hotels in Bangkok and Chiang Mai provinces.

Lippo Cikarang

Market Cap: Rp3.0t

Develops real estate and industrial estate projects in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Hospital Corporation of China

Market Cap: HK$819.0m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك196.9m

Engages in insurance and reinsurance operations in Kuwait.

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Canal Shipping Agencies

Market Cap: ج.م10.3b

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

Mendelson Infrastructures & Industries

Market Cap: ₪612.9m

Engages in the supply of conduction and flow products in Israel.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Terminal X Online

Market Cap: ₪749.6m

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

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺35.3b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Maistra d.d

Market Cap: €591.0m

Engages in the hotel business in Croatia.

Purple Group

Market Cap: R2.9b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Amir Marketing and Investments in Agriculture

Market Cap: ₪422.9m

Supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪412.1m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Performance Technologies

Market Cap: €98.6m

Provides production and marketing of it products, solutions and services, in Greece.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Zambia Sugar

Market Cap: K21.1b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

AB Akola Group

Market Cap: €299.0m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.8b

Marmaris Altinyunus Turistik Tesisler A.S.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.7b

Operates in the tourism, construction, and energy sectors in Turkey.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 74.1b

Processes heavy bitumen crude in Africa.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Alantra Partners

Market Cap: €305.3m

Engages in the investment banking and asset management services in Spain and internationally.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €87.9m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Nigerian Aviation Handling

Market Cap: ₦194.9b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

FRoSTA

Market Cap: €633.6m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.