Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

ABG Sundal Collier Holding

Market Cap: NOK 4.2b

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

Darwin

Market Cap: €91.8m

Operates in the healthcare industry.

Freetrailer Group

Market Cap: €743.4m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Digital Mediatama Maxima

Market Cap: Rp2.7t

Operates an integrated marketing platform.

Cahaya Aero Services

Market Cap: Rp5.1t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp4.2t

Manages and operates container terminals in Indonesia and internationally.

Sinopower Semiconductor

Market Cap: NT$4.2b

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

Woori Technology Investment

Market Cap: ₩580.9b

A venture capital firm specializing in venture fund, mezzanine fund project fund, venture capital and small & medium companies investments.

Natural Food International Holding

Market Cap: HK$2.4b

An investment holding company, manufactures and sells natural health food products in China.

Mamata Machinery

Market Cap: ₹10.2b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Creative & Innovative System

Market Cap: ₩527.6b

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

Tech Semiconductors

Market Cap: CN¥8.2b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

Zambia Sugar

Market Cap: K21.1b

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

Wholetech System Hitech

Market Cap: NT$9.3b

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

Ascentech K.K

Market Cap: JP¥23.2b

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

Kaneko Seeds

Market Cap: JP¥17.4b

Kaneko Seeds Co., Ltd., together with its subsidiaries, production and sale agricultural seeds in Japan.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Hearts and Minds Investments

Market Cap: AU$719.0m

n/a

Techno Smart

Market Cap: JP¥22.9b

Provides liquid crystal-related film and cast film manufacturing devices.

Allmed Medical ProductsLtd

Market Cap: CN¥7.1b

Allmed Medical Products Co., Ltd manufactures and sells wound care and nursing material products in China.

Shenke Slide Bearing

Market Cap: CN¥2.6b

Researches, develops, produces, and sells thick-walled sliding bearings and accessories in the People’s Republic of China and internationally.

Namuga

Market Cap: ₩261.4b

Designs, produces, and sells cameras and 3D sensing modules in Korea and internationally.

Kyoritsu Electric

Market Cap: JP¥19.6b

Provides various systems, testing and measuring instruments, etc.

Komori

Market Cap: JP¥81.5b

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

Myung In Pharmaceutical

Market Cap: ₩1.1t

A pharmaceutical company, manufactures ETC and OTC drugs.

Daoming Optics&ChemicalLtd

Market Cap: CN¥7.7b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

Walton Advanced Engineering

Market Cap: NT$26.3b

Provides semiconductor packaging and testing services in Taiwan and China.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.2b

TianJin JinRong TianYu Precision Machinery Inc.

Tibet TourismLtd

Market Cap: CN¥3.8b

Engages in the tourism, attractions, services, and commerce business in China.

Affinity Bancshares

Market Cap: US$138.8m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

HG Metal Manufacturing

Market Cap: S$134.6m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥11.3b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Nice

Market Cap: JP¥22.4b

Distributes building materials and housing equipment in Japan.

AzureWave Technologies

Market Cap: NT$9.1b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Hollyland (China) Electronics Technology

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.