Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Maistra d.d

Market Cap: €563.6m

Engages in the hotel business in Croatia.

Alumil Aluminium Industry

Market Cap: €158.8m

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

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł846.3m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Zona Franca de Iquique

Market Cap: CL$217.9b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Decora

Market Cap: zł780.5m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

First Copper Technology

Market Cap: NT$12.8b

Produces and sells copper and copper alloy strips in Taiwan and internationally.

Evergent Investments

Market Cap: RON 1.5b

A publicly owned investment manager.

Performance Technologies

Market Cap: €89.1m

Provides IT solutions in Greece.

AGI Infra

Market Cap: ₹28.7b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Shanghai Haixin Group

Market Cap: CN¥6.2b

Engages in the pharmaceutical, textile and clothing, and finance businesses.

Quality Reliability Technology

Market Cap: ₩150.8b

Provides semiconductor reliability evaluation and defect analysis services in South Korea and internationally.

Mamata Machinery

Market Cap: ₹10.0b

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

Wholetech System Hitech

Market Cap: NT$9.1b

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

Techshine ElectronicsLtd

Market Cap: CN¥5.0b

Engages in the research and development, design, production, and sale of LCD liquid crystal displays, LCM black and white modules, and TFT color screen modules in China.

Shanghai Chlor-Alkali Chemical

Market Cap: CN¥9.5b

Manufactures and sells chemical products in China and internationally.

Bank of Iwate

Market Cap: JP¥63.4b

Provides various financial products and services in Japan.

Senstar Technologies

Market Cap: US$100.1m

Provides physical, video, and access control security products and solutions worldwide.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥4.2b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥6.8b

Ningbo Henghe Precision Industry Co.,Ltd.

TSTE

Market Cap: ฿4.4b

Primarily engages in the production and distribution of wheat flour in Thailand.

First Northern Community Bancorp

Market Cap: US$182.1m

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.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

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

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.0b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Dong Fang Offshore

Market Cap: NT$41.3b

Provides offshore maritime solutions.

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

Market Cap: د.ك45.2m

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

Thai Steel Cable

Market Cap: ฿3.6b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Advanced International Multitech

Market Cap: NT$9.3b

Advanced International Multitech Co., Ltd.

Imexpharm

Market Cap: ₫8.5t

Manufactures, processes, trades, imports, and exports pharmaceutical products in Vietnam and internationally.

Formula Systems (1985)

Market Cap: ₪6.4b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

TOMONY Holdings

Market Cap: JP¥123.9b

Through its subsidiaries, provides various banking and financial products and services.

Kondotec

Market Cap: JP¥40.8b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Linde Bangladesh

Market Cap: ৳14.4b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.