Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Colorado

Market Cap: د.م1.0b

Manufactures and distributes various paints in Morocco and internationally.

Ohashi Technica

Market Cap: JP¥27.4b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

Kondotec

Market Cap: JP¥38.6b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Imuraya Group

Market Cap: JP¥31.0b

Manufactures and sells various food products in Japan and internationally.

AJIS

Market Cap: JP¥26.1b

Provides inventory and other retail support services in Asia.

Shenzhen TVT Digital Technology

Market Cap: CN¥4.0b

Shenzhen TVT Digital Technology Co., Ltd.

DYPNFLtd

Market Cap: ₩177.7b

Manufactures and sells powder transport equipment in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥3.5b

Engages in the research and development, production, sale, and maintenance services of rail transit electrical equipment products in China.

AlpenLtd

Market Cap: JP¥88.2b

Engages in the development and sale of sporting products in Japan.

Hyakugo Bank

Market Cap: JP¥180.5b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Otec

Market Cap: JP¥21.7b

Trades pipework equipment in Japan.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.6b

Researches, develops, produces, and sells black sesame health products in China.

Jadranski naftovod d.d

Market Cap: €806.1m

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

Zhejiang JW Precision MachineryLtd

Market Cap: CN¥7.2b

Engages in the research and development, production, and sale of bearing rings in China and internationally.

BBK Test Systems

Market Cap: CN¥3.7b

Manufactures and sells automotive and structural testing equipment in China and internationally.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Credo Brands Marketing

Market Cap: ₹11.0b

Credo Brands Marketing Limited retails men’s casual wear under the MUFTI brand name in India.

BGT Group

Market Cap: CN¥3.8b

Engages in water treatment technology research and development, system design, equipment manufacturing, installation and commissioning, and operation in China.

Nanfang Ventilator

Market Cap: CN¥4.1b

Designs and manufactures HVAC products in China.

Te Chang Construction

Market Cap: NT$6.7b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Shenzhen Chengtian Weiye Technology

Market Cap: CN¥4.6b

Shenzhen Chengtian Weiye Technology Co., Ltd.

Maezawa Kasei Industries

Market Cap: JP¥26.8b

Produces and sells water and sewerage related products, and environmental equipment.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.5b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

Uoriki

Market Cap: JP¥34.1b

Engages in the retailing, eating and drinking, and wholesale businesses in Japan and internationally.

YagiLtd

Market Cap: JP¥24.0b

Operates as a fiber trading company in Japan.

Grade Upon Technology

Market Cap: NT$11.0b

Grade Upon Technology Corporation develops, manufactures, and sells sensor device products in Taiwan.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥6.3b

Provides green energy solutions worldwide.

Techno Ryowa

Market Cap: JP¥80.8b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.0b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Chudenko

Market Cap: JP¥189.2b

Operates as an equipment engineering company in Japan.

Wema Bank

Market Cap: ₦345.0b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Nigerian Aviation Handling

Market Cap: ₦194.8b

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

Korea Ratings

Market Cap: ₩454.6b

Provides credit rating and business valuation services in South Korea.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.3b

Hangzhou Xili Intelligent Technology Co.,Ltd.

3B Blackbio Dx

Market Cap: ₹13.2b

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