Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Pizu Group Holdings

Market Cap: HK$2.7b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Freetrailer Group

Market Cap: €707.2m

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

Senstar Technologies

Market Cap: US$113.6m

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

Solesence

Market Cap: US$233.3m

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

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.

Itafos

Market Cap: CA$546.9m

Operates as a phosphate and specialty fertilizer company.

Bank of Africa Mali

Market Cap: XOF 119.0b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Aesler Grup Internasional

Market Cap: Rp3.8t

Provides architectural and construction management services in Indonesia.

Central Cooperative Bank AD

Market Cap: лв216.1m

A commercial bank, provides various financial products and services.

FRMO

Market Cap: US$384.3m

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

Wema Bank

Market Cap: ₦385.7b

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Compañía Electro Metalúrgica

Market Cap: CL$385.5b

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

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

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

Transnational Corporation of Nigeria

Market Cap: ₦468.0b

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

va-Q-tec

Market Cap: €398.1m

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

FineMark Holdings

Market Cap: US$497.0m

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

Performance Technologies

Market Cap: €86.9m

Provides IT solutions in Greece.

Nigerian Aviation Handling

Market Cap: ₦204.7b

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

Moury Construct

Market Cap: €233.6m

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium.

Rich Sparkle Holdings

Market Cap: US$368.0m

Provides financial printing and corporate services in Hong Kong.

Southern Michigan Bancorp

Market Cap: US$115.6m

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.

Master Drilling Group

Market Cap: R2.3b

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.

Valhi

Market Cap: US$447.2m

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Pure Cycle

Market Cap: US$264.3m

Provides wholesale water and wastewater services in the United States.

Gulf Island Fabrication

Market Cap: US$117.9m

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

Oakworth Capital

Market Cap: US$161.7m

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

Inmocemento

Market Cap: €1.6b

Inmocemento S.A., through its subsidiaries, engages in the real estate and cement businesses.

Zona Franca de Iquique

Market Cap: CL$231.0b

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

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Soma Gold

Market Cap: CA$147.8m

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

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺4.6b

Engages in the production and sale of food products in Turkey.

PINAGO UTAMA

Market Cap: Rp1.9t

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