Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك389.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Kuwait Insurance CompanyK.P

Market Cap: د.ك95.4m

Provides various insurance products and services in Kuwait.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك47.7m

A private equity firm specializing in direct and fund investments.

Citra Tubindo

Market Cap: Rp4.1t

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

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

Market Cap: د.ك44.3m

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

Sociedad Matriz SAAM

Market Cap: CL$1.2t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Sound Financial Bancorp

Market Cap: US$120.8m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

National Investments Company K.S.C.P

Market Cap: د.ك192.9m

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.ك183.2m

Engages in insurance and reinsurance operations in Kuwait.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Central Cooperative Bank AD

Market Cap: лв213.6m

A commercial bank, provides various financial products and services.

Alantra Partners

Market Cap: €301.5m

Engages in the investment banking and asset management services in Spain and internationally.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Sociedad de Inversiones Oro Blanco

Market Cap: CL$1.3t

Through its subsidiaries, invests in various types of goods and securities in Chile.

Deutsche Balaton

Market Cap: €221.4m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

va-Q-tec

Market Cap: €389.2m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Lampsa Hellenic Hotels

Market Cap: €854.6m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Gulf Island Fabrication

Market Cap: US$116.6m

Operates as a fabricator of steel structures and modules in the United States.

Purple Group

Market Cap: R2.4b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Viohalco

Market Cap: €1.6b

Through its subsidiaries, manufactures, and sells aluminium, copper, cables, and steel and steel pipe products.

First Bancorp

Market Cap: US$308.7m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €92.3m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Valhi

Market Cap: US$456.2m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

First Northern Community Bancorp

Market Cap: US$189.4m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Greenfire Resources

Market Cap: US$368.8m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Pure Cycle

Market Cap: US$253.0m

Provides wholesale water and wastewater services in the United States.

FineMark Holdings

Market Cap: US$510.4m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Alumil Aluminium Industry

Market Cap: €166.0m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.2b

Manufactures and sells heavy machinery and equipment.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Empresas Lipigas

Market Cap: CL$692.9b

Engages in the distribution and sale of liquefied petroleum gas (LPG) and natural gas (NG) in Chile, Peru, and Colombia.

Evergent Investments

Market Cap: RON 1.7b

A publicly owned investment manager.

Famous Brands

Market Cap: R5.7b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa.

Makina Takim Endüstrisi

Market Cap: ₺4.3b

Engages in the manufacture and sale of cutting tools in Turkey.