Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Transcorp Power

Market Cap: ₦2.1t

Engages in the generation and sale of electric power in Nigeria and internationally.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Payton Industries

Market Cap: ₪461.0m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Itafos

Market Cap: CA$566.2m

Operates as a phosphate and specialty fertilizer company.

C. Mer Industries

Market Cap: ₪411.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

First National Bank of Botswana

Market Cap: P13.6b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Mendelson Infrastructures & Industries

Market Cap: ₪532.5m

Mendelson Infrastructures & Industries Ltd.

Greenfire Resources

Market Cap: US$351.3m

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

Southern Michigan Bancorp

Market Cap: US$111.0m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Capricorn Group

Market Cap: R11.2b

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

Pure Cycle

Market Cap: US$245.8m

Provides wholesale water and wastewater services in the United States.

Potasios de Chile

Market Cap: CL$488.6b

Engages in investment in shares and other financial instruments in Chile.

ASA Gold and Precious Metals

Market Cap: US$697.1m

A publicly owned investment manager.

Y.D. More Investments

Market Cap: ₪3.0b

A privately owned Investment Manager.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 308.6b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Sound Financial Bancorp

Market Cap: US$122.3m

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

Eurofins-Cerep

Market Cap: €92.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 75.6b

Processes heavy bitumen crude in Africa.

Soma Gold

Market Cap: CA$167.7m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Chilanga Cement

Market Cap: K6.0b

Engages in the manufacture and sale of cement products in Zambia.

Nigerian Aviation Handling

Market Cap: ₦201.7b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Aura Investments

Market Cap: ₪5.9b

Together with its subsidiaries engages in locating, initiating, planning, and building projects in the field of residential real estate in Israel and internationally.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

ANSA Merchant Bank

Market Cap: TT$3.3b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

PINAGO UTAMA

Market Cap: Rp1.9t

Engages in the oil palm and rubber plantation business in Indonesia.

Solesence

Market Cap: US$253.0m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

FineMark Holdings

Market Cap: US$523.3m

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

Zambia Sugar

Market Cap: K14.3b

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

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Metalpha Technology Holding

Market Cap: US$111.2m

Provides wealth management services in Hong Kong.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م19.2b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

SUI Group Holdings

Market Cap: US$509.1m

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

Linkhome Holdings

Market Cap: US$134.4m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.