Global Undiscovered Gems With Strong Fundamentals

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Jamuna Bank

Market Cap: ৳15.9b

Provides various banking products and services in Bangladesh.

Darwin

Market Cap: €96.6m

Operates as a biotechnology company.

MAPFRE Middlesea

Market Cap: €137.1m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

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

Taiyo KagakuLtd

Market Cap: JP¥29.6b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Billion Industrial Holdings

Market Cap: HK$9.5b

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.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Wholetech System Hitech

Market Cap: NT$6.8b

Provides system integration services in Taiwan, China, and Singapore.

Mitake Information

Market Cap: NT$3.2b

Provides mobile financial information trading platform in Taiwan.

Saint-Gobain Sekurit India

Market Cap: ₹10.3b

Manufactures and sells laminated and tempered automotive glass in India.

Ampire

Market Cap: NT$3.6b

Manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe.

Surya Toto Indonesia

Market Cap: Rp2.4t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

Invests in, operates, and manages duty-free shops.

Bank Ganesha

Market Cap: Rp1.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

AB Vilkyskiu pienine

Market Cap: €135.0m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Luxchem Corporation Berhad

Market Cap: RM 470.3m

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

Citra Tubindo

Market Cap: Rp3.9t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Cahaya Aero Services

Market Cap: Rp4.4t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.4t

Engages in the coal mining and trading activities in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.

Fortune Mate Indonesia

Market Cap: Rp2.5t

Provides real estate development and construction services in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp19.8t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Bakrie & Brothers

Market Cap: Rp5.0t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

Nestlé Pakistan

Market Cap: PK₨317.4b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Waja

Market Cap: ر.س496.3m

Engages in the construction, media and communication, and information technology businesses.

Powertip Image

Market Cap: NT$6.0b

Manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally.

Baazeem Trading

Market Cap: ر.س556.9m

Operates as a FMCG distribution company.

Pro-Hawk

Market Cap: NT$5.6b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts worldwide.

Firich Enterprises

Market Cap: NT$7.5b

Engages in the assembly, manufacture, import, and export of business-oriented computers and its peripheral equipment in Taiwan, China, rest of the Asia, Europe, and the United States.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك179.5m

Engages in insurance and reinsurance operations in Kuwait.

Sinopower Semiconductor

Market Cap: NT$3.8b

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

Donpon Precision

Market Cap: NT$3.4b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.