Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

Saint-Gobain Sekurit India

Market Cap: ₹10.4b

Manufactures and sells laminated and tempered automotive glass in India.

Yuken India

Market Cap: ₹14.6b

Engages in the manufacture and sale of oil hydraulic equipment primarily in India.

Saudi Chemical Holding

Market Cap: ر.س6.0b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

National Investments Company K.S.C.P

Market Cap: د.ك201.6m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.0m

Engages in insurance and reinsurance operations in Kuwait.

Cita Mineral Investindo

Market Cap: Rp15.6t

Engages in bauxite mining activities in Indonesia.

Concord Enviro Systems

Market Cap: ₹11.7b

Engages in the design, manufacture, installation, operation, and maintenance of industrial water and wastewater treatment, and reuse and zero liquid discharge systems and plants.

Sun

Market Cap: MU₨6.5b

Operates in the tourism sector.

Vasa Denticity

Market Cap: ₹9.8b

Trades in dental products in India.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.4b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

National Environmental Recycling

Market Cap: ر.س867.0m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.9m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Gallantt Ispat

Market Cap: ₹132.5b

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

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Darwin

Market Cap: €86.4m

Operates as a biotechnology company.

MAPFRE Middlesea

Market Cap: €128.8m

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

DorightLtd

Market Cap: CN¥3.4b

Engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving environmental protection equipment in China.

Zambia Sugar

Market Cap: K13.2b

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

Capricorn Group

Market Cap: R11.0b

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

3B Blackbio Dx

Market Cap: ₹13.7b

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

Taiyo KagakuLtd

Market Cap: JP¥32.4b

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

Shangri-La Hotel

Market Cap: ฿5.7b

Operates hotels in Bangkok and Chiang Mai provinces.

Bakrie & Brothers

Market Cap: Rp4.7t

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.2t

Operates as a securities company in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp16.7t

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

Tait Marketing & Distribution

Market Cap: NT$4.3b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Renaissance Global

Market Cap: ₹12.7b

Manufactures and sells diamond studded jewellery in India and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

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

Abans Financial Services

Market Cap: ₹12.8b

Operates as a non-banking finance company in India, and internationally.

Baazeem Trading

Market Cap: ر.س591.3m

Operates as a FMCG distribution company.

Lotus Chocolate

Market Cap: ₹17.5b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

Genesys International

Market Cap: ₹25.9b

Provides geographical information services in India and internationally.

National Corporation for Tourism and Hotels

Market Cap: د.إ4.6b

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

SML Isuzu

Market Cap: ₹41.2b

Manufactures and sells commercial vehicles and related parts in India and internationally.