Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Eurofins-Cerep

Market Cap: €92.8m

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

Valhi

Market Cap: US$454.3m

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

First Bancorp

Market Cap: US$292.9m

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

First Northern Community Bancorp

Market Cap: US$184.6m

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.

Gulf Island Fabrication

Market Cap: US$108.4m

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

NSIA Banque Société Anonyme

Market Cap: XOF 235.3b

Provides various banking products and services.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

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

Market Cap: ج.م18.3b

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.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 290.6b

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

Aura Investments

Market Cap: ₪6.0b

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

Oakworth Capital

Market Cap: US$159.8m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Itafos

Market Cap: CA$572.0m

Operates as a phosphate and specialty fertilizer company.

Y.D. More Investments

Market Cap: ₪2.9b

A privately owned Investment Manager.

SalfaCorp

Market Cap: CL$448.3b

Engages in engineering, construction, and real estate businesses in Chile and internationally.

Deutsche Balaton

Market Cap: €206.7m

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

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: ₪567.8m

Mendelson Infrastructures & Industries Ltd.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.6b

A publicly owned investment manager.

Amir Marketing and Investments in Agriculture

Market Cap: ₪405.8m

Supplies and markets agricultural inputs in Israel.

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.

Rich Sparkle Holdings

Market Cap: US$386.1m

Provides financial printing and corporate services in Hong Kong.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.1b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Rimoni Industries

Market Cap: ₪421.5m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Standard Bank

Market Cap: MK 1.2t

Provides banking and other related services in Malawi.

Mill City Ventures III

Market Cap: US$492.7m

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.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

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.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 75.6b

Processes heavy bitumen crude in Africa.

FRMO

Market Cap: US$397.7m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

ASA Gold and Precious Metals

Market Cap: US$645.8m

A publicly owned investment manager.

Chilanga Cement

Market Cap: K6.0b

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

Payton Industries

Market Cap: ₪469.5m

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.

Wema Bank

Market Cap: ₦503.6b

Provides banking and other financial services to corporate and individual customers in Nigeria.