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.

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.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

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.

Quemchi

Market Cap: CL$95.2b

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

Marítima de Inversiones

Market Cap: CL$261.7b

Maritima de Inversiones SA is a publicly owned investment manager.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/714.3m

Engages distribution of electricity in Peru.

MAPFRE Middlesea

Market Cap: €133.4m

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

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Watt's

Market Cap: CL$234.5b

Manufactures and sells food products in Chile.

Practic

Market Cap: RON 567.2m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management 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.

Morris State Bancshares

Market Cap: US$219.4m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Sugar Terminals

Market Cap: AU$356.4m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

Kanro

Market Cap: JP¥56.9b

Manufactures and sells confectionery and food products in Japan.

Tsubakimoto Kogyo

Market Cap: JP¥40.2b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

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

Korea Ratings

Market Cap: ₩401.5b

Provides credit rating and business valuation services in South Korea.

Konishi

Market Cap: JP¥73.3b

Manufactures and sells synthetic adhesives in Japan.

ISE Chemicals

Market Cap: JP¥126.0b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

VCREDIT Holdings

Market Cap: HK$1.9b

An investment holding company, provides online consumer finance services to borrowers in the People’s Republic of China and Hong Kong.

Billion Industrial Holdings

Market Cap: HK$9.8b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

AuMas Resources Berhad

Market Cap: RM 1.4b

An investment holding company, engages in gold mining business in Malaysia.

Gallantt Ispat

Market Cap: ₹106.7b

Engages in manufacture and sale of iron and steel products in India.

Yukiguni Factory

Market Cap: JP¥45.7b

Manufactures and sells mushrooms and other processed food in Japan.

Vinacomin - Power Holding

Market Cap: ₫8.9t

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.

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥3.6b

Engages in the production and operation of methanol products in China.

Nippon Sharyo

Market Cap: JP¥29.3b

Engages in the manufactures and sale of railway rolling stock, transportation equipment, steel structures, and construction equipment; and engineering and other activities in Japan, the United States, Asia, and internationally.

Xinjiang Torch Gas

Market Cap: CN¥2.4b

Operates as a gas service company in China.

Hokkan Holdings

Market Cap: JP¥22.9b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Hoang Huy Investment Financial Services

Market Cap: ₫11.7t

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

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.