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.

CAC Holdings

Market Cap: JP¥35.2b

Through its subsidiaries, provides information technology (IT) services in Japan and internationally.

Ryoyu Systems

Market Cap: JP¥38.3b

Provides information technology (IT) solutions for various industries in Japan.

Neosem

Market Cap: ₩421.2b

Manufactures and sells semiconductor inspection equipment.

Ascentech K.K

Market Cap: JP¥17.1b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Daphne International Holdings

Market Cap: HK$910.2m

An investment holding company, engages in the licensing, distribution, and sale of footwear and accessories in China, Hong Kong, and the British Virgin Islands.

Anapass

Market Cap: ₩236.2b

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

ManpowerGroup Greater China

Market Cap: HK$896.4m

An investment holding company, provides workforce solutions and services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Chilanga Cement

Market Cap: K5.6b

Engages in the manufacture and sale of cement products in Zambia.

Creative & Innovative System

Market Cap: ₩560.1b

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

OUG Holdings

Market Cap: JP¥16.7b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Techno Ryowa

Market Cap: JP¥60.5b

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

Samyang

Market Cap: ₩476.8b

Engages in the chemicals and food business in Korea, China, Japan, rest of Asia, Europe, and internationally.

Uoriki

Market Cap: JP¥34.2b

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

Morris State Bancshares

Market Cap: US$219.2m

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

Kondotec

Market Cap: JP¥35.9b

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

S.A.S. Dragon Holdings

Market Cap: HK$2.5b

An investment holding company, provides electronic supply chain services in Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, Macao, and internationally.

Miwon Chemicals

Market Cap: ₩158.7b

Develops, manufactures, and sells performance chemicals for use in the rubber, detergent, and personal care industries worldwide.

Lee's Pharmaceutical Holdings

Market Cap: HK$800.8m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products primarily in the People's Republic of China.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Capricorn Group

Market Cap: R10.8b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Saison Technology

Market Cap: JP¥28.9b

Engages in the system development and operation, and software package businesses in Japan.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

Otec

Market Cap: JP¥22.3b

Trades pipework equipment in Japan.

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.

Sugar Terminals

Market Cap: AU$356.4m

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

ISE Chemicals

Market Cap: JP¥109.7b

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

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Komori

Market Cap: JP¥66.9b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

AJIS

Market Cap: JP¥21.5b

Provides inventory and other retail support services in Asia.

Imuraya Group

Market Cap: JP¥31.0b

Manufactures and sells various food products in Japan and internationally.

CMC

Market Cap: JP¥19.6b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Central Cooperative Bank AD

Market Cap: лв200.9m

A commercial bank, provides various financial products and services.

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.

Master Trust

Market Cap: ₹16.7b

Provides financial services in India.

National Corporation for Tourism and Hotels

Market Cap: د.إ2.1b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.