Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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.

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.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Zambia Sugar

Market Cap: K13.2b

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

Jadranski naftovod d.d

Market Cap: €836.4m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

First Investment Bank AD

Market Cap: лв760.3m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Surya Citra Media

Market Cap: Rp9.9t

Provides multimedia services in Indonesia.

Cantabil Retail India

Market Cap: ₹22.9b

Engages in designing, manufacturing, branding, and retailing apparel and apparel accessories in India.

SML Isuzu

Market Cap: ₹46.7b

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

Orient Pharma

Market Cap: NT$7.9b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥3.2b

Ningbo Henghe Precision Industry Co.,Ltd.

Bonny Worldwide

Market Cap: NT$8.2b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods.

JinXianDai Information IndustryLtd

Market Cap: CN¥4.0b

Provides industry digital solutions for power, rail transit, and petrochemical companies in China.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.4b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Tokyo Tekko

Market Cap: JP¥48.7b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

Iljin DiamondLtd

Market Cap: ₩191.5b

Iljin Diamond Co., Ltd. manufactures and sells tool materials in South Korea, the United States, Europe, Japan, China, and internationally.

PAN Group

Market Cap: ₫6.2t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Cigniti Technologies

Market Cap: ₹48.2b

Provides software testing services worldwide.

FALCO HOLDINGS

Market Cap: JP¥22.9b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Araya Industrial

Market Cap: JP¥23.3b

Manufactures and sells steel products in Japan and internationally.

Praise Victor Industrial

Market Cap: NT$10.5b

Designs, produces, and trades in polyurethanes (PU) materials.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س903.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Hunan Investment GroupLtd

Market Cap: CN¥2.7b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

Shantou Institute of Ultrasonic Instrument

Market Cap: CN¥11.3b

Shantou Institute of Ultrasonic Instrument Co., Ltd.

Kanro

Market Cap: JP¥67.2b

Manufactures and sells confectionery and food products in Japan.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥7.7b

Jiangxi Jiangnan New Material Technology Co., Ltd.

HENGHUI Technology

Market Cap: CN¥12.0b

Engages in the research, development, manufacture, and sale of integrated circuit (IC) card packaging frames and module products primarily in China.

Bonraybio

Market Cap: NT$4.1b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Savior Lifetec

Market Cap: NT$5.9b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Alembic

Market Cap: ₹30.1b

Engages in real estate business in India and internationally.

Saha-Union

Market Cap: ฿8.5b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

CHT Security

Market Cap: NT$12.2b

Provides cybersecurity services.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥5.8b

Jiangsu Rainbow Heavy Industries Co., Ltd.

KurimotoLtd

Market Cap: JP¥84.5b

Manufactures and sells ductile iron pipes and accessories, valves, industrial equipment and materials, and construction materials in Japan and internationally.