Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

VNV Global

Market Cap: SEK 2.9b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.6b

Marmaris Altinyunus Turistik Tesisler A.S.

Cyprus Cement

Market Cap: €178.3m

Engages in the manufacturing and sale of cement and related business in Cyprus.

Maistra d.d

Market Cap: €607.4m

Engages in the hotel business in Croatia.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Purple Group

Market Cap: R3.3b

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.

Acsion

Market Cap: R2.9b

Engages in property holding and development activities in South Africa and internationally.

Inversiones Doalca SOCIMI

Market Cap: €155.4m

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

MIA Teknoloji Anonim Sirketi

Market Cap: ₺19.4b

Provides software development services to public and private organizations in Turkey.

Central Cooperative Bank AD

Market Cap: лв211.0m

A commercial bank, provides various financial products and services.

Evergent Investments

Market Cap: RON 2.4b

A publicly owned investment manager.

Alumil Aluminium Industry

Market Cap: €154.9m

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

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺35.4b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 403.3b

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

va-Q-tec

Market Cap: €392.2m

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

Freetrailer Group

Market Cap: €680.5m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Franklin Financial Services

Market Cap: US$206.3m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Hermes Transportes Blindados

Market Cap: S/719.8m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Linkhome Holdings

Market Cap: US$175.4m

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

Itafos

Market Cap: CA$678.3m

Operates as a phosphate and specialty fertilizer company.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.8b

Manufactures and sells heavy machinery and equipment.

Epsilon Energy

Market Cap: US$100.2m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Solesence

Market Cap: US$207.2m

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

Nigerian Aviation Handling

Market Cap: ₦205.6b

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €89.0m

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

Transnational Corporation of Nigeria

Market Cap: ₦447.1b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Wema Bank

Market Cap: ₦670.6b

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

Alantra Partners

Market Cap: €312.9m

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

Oakworth Capital

Market Cap: US$167.2m

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

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł937.2m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Performance Technologies

Market Cap: €107.2m

Provides IT solutions in Greece.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Master Drilling Group

Market Cap: R2.4b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Famous Brands

Market Cap: R5.2b

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.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

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