Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Capricorn Group

Market Cap: R11.6b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Hermes Transportes Blindados

Market Cap: S/719.8m

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

Southern Michigan Bancorp

Market Cap: US$115.5m

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.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Zambia Sugar

Market Cap: K19.0b

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

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

DINE. de

Market Cap: Mex$14.3b

Develops real estate projects in Mexico.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Oakworth Capital

Market Cap: US$161.0m

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

Freetrailer Group

Market Cap: €678.6m

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

Cisadane Sawit Raya

Market Cap: Rp1.8t

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

Surya Toto Indonesia

Market Cap: Rp2.7t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Practic

Market Cap: RON 700.9m

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

Poly Plastic Masterbatch (SuZhou)Ltd

Market Cap: CN¥6.1b

Engages in the research and development, production, and sale of chemical fiber solution colorings and advanced functional modified materials in China and internationally.

Natural Food International Holding

Market Cap: HK$2.4b

An investment holding company, manufactures and sells natural health food products in China.

Kyoritsu Electric

Market Cap: JP¥20.0b

Provides various systems, testing and measuring instruments, etc.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك44.1m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Daphne International Holdings

Market Cap: HK$801.3m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Anhui Wanyi Science and TechnologyLtd

Market Cap: CN¥2.8b

AnHui Wanyi Science and Technology Co.,Ltd.

Viviana Power Tech

Market Cap: ₹10.3b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Thai Steel Cable

Market Cap: ฿3.6b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك33.1m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Timex Group India

Market Cap: ₹37.6b

Engages in designing, manufacturing, and trading of watches in India and internationally.

HannStar Board

Market Cap: NT$48.1b

Manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan.

YuanShengTai Dairy Farm

Market Cap: HK$1.3b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Otec

Market Cap: JP¥27.0b

Trades pipework equipment in Japan.

Hearts and Minds Investments

Market Cap: AU$748.8m

n/a

TI Cloud

Market Cap: HK$954.7m

Provides cloud-native customer contact solutions that enables enterprises to engage in multi-channel customer interactions in the People's Republic of China and Hong Kong.

GDEP ADVANCEInc

Market Cap: JP¥16.5b

Engages in the system incubation business in Japan.

VICOM

Market Cap: S$563.8m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

AGI Infra

Market Cap: ₹32.4b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Shandong Sinoglory Health Food

Market Cap: CN¥2.3b

Manufactures soy proteins in China.

Suzhou Sepax Technologies

Market Cap: CN¥7.8b

Researches, develops, produces, and sells liquid chromatography materials for the separation and purification of biomacromolecules and other drugs worldwide.