Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Rich Sparkle Holdings

Market Cap: US$386.1m

Provides financial printing and corporate services in Hong Kong.

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.

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.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

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.

Standard Bank

Market Cap: MK 1.2t

Provides banking and other related services in Malawi.

Amir Marketing and Investments in Agriculture

Market Cap: ₪405.8m

Supplies and markets agricultural inputs in Israel.

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.

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.

Eurofins-Cerep

Market Cap: €92.8m

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

Itafos

Market Cap: CA$572.0m

Operates as a phosphate and specialty fertilizer company.

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.

ASA Gold and Precious Metals

Market Cap: US$645.8m

A publicly owned investment manager.

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.

Chilanga Cement

Market Cap: K6.0b

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

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.

Terminal X Online

Market Cap: ₪635.0m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Wema Bank

Market Cap: ₦503.6b

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

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.

Pure Cycle

Market Cap: US$246.8m

Provides wholesale water and wastewater services in the United States.

Solesence

Market Cap: US$246.7m

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

FineMark Holdings

Market Cap: US$509.8m

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

Formula Systems (1985)

Market Cap: ₪6.6b

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.

Affinity Bancshares

Market Cap: US$119.2m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

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.

C. Mer Industries

Market Cap: ₪424.8m

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

Zambia Sugar

Market Cap: K13.3b

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

Morris State Bancshares

Market Cap: US$245.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

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.