Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Mulpha International Bhd

Market Cap: RM 915.5m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Solesence

Market Cap: US$235.4m

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

Metalpha Technology Holding

Market Cap: US$142.7m

Provides wealth management services in Hong Kong.

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.

Affinity Bancshares

Market Cap: US$125.0m

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

Dwi Guna Laksana

Market Cap: Rp5.6t

Engages in the coal mining and trading activities in Indonesia.

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.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

ASA Gold and Precious Metals

Market Cap: US$830.4m

A publicly owned investment manager.

Linkhome Holdings

Market Cap: US$152.1m

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

GlaxoSmithKlineE

Market Cap: ج.م5.1b

Engages in production of pharmaceutical chemicals.

Telekom Networks Malawi

Market Cap: MK 391.9b

Provides telecommunication services to enterprises and individual customers in Malawi.

La Forestière Equatoriale

Market Cap: €98.2m

Does not have any significant operations.

A3 Mercados

Market Cap: AR$568.8b

Engages in futures and options trading in Argentina and internationally.

Sound Financial Bancorp

Market Cap: US$117.7m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

Valhi

Market Cap: US$458.8m

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$298.9m

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

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.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 73.3b

Processes heavy bitumen crude in Africa.

Sparta

Market Cap: €104.9m

A publicly owned investment manager.

PINAGO UTAMA

Market Cap: Rp1.8t

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

Freetrailer Group

Market Cap: €690.2m

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

NameSilo Technologies

Market Cap: US$101.1m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Senstar Technologies

Market Cap: US$102.7m

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

FineMark Holdings

Market Cap: US$485.2m

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

First Northern Community Bancorp

Market Cap: US$200.4m

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.

Elron Ventures

Market Cap: US$113.1m

A venture capital firm specializing in early stage and seed investment.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Lampsa Hellenic Hotels

Market Cap: €854.6m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Practic

Market Cap: RON 700.9m

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

Bank of Africa Mali

Market Cap: XOF 113.9b

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

FRMO

Market Cap: US$392.7m

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