Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jadranski naftovod d.d

Market Cap: €866.6m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Southern Michigan Bancorp

Market Cap: US$115.3m

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.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Te Chang Construction

Market Cap: NT$6.9b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Network People Services Technologies

Market Cap: ₹34.9b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

National General Insurance (P.J.S.C.)

Market Cap: د.إ984.7m

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Morris State Bancshares

Market Cap: US$236.6m

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

Tri-County Financial Group

Market Cap: US$112.9m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Central Cooperative Bank AD

Market Cap: лв214.8m

A commercial bank, provides various financial products and services.

Rrp Semiconductor

Market Cap: ₹139.8b

Trades in electronic parts in India.

Aesler Grup Internasional

Market Cap: Rp4.3t

Provides architectural and construction management services in Indonesia.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Practic

Market Cap: RON 712.8m

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

Hospital Corporation of China

Market Cap: HK$937.7m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Digital Mediatama Maxima

Market Cap: Rp2.8t

Operates an integrated marketing platform.

HG Metal Manufacturing

Market Cap: S$142.9m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

PC Jeweller

Market Cap: ₹83.5b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك186.7m

Engages in insurance and reinsurance operations in Kuwait.

Billion Industrial Holdings

Market Cap: HK$9.4b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

AGI Infra

Market Cap: ₹32.2b

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

Alembic

Market Cap: ₹25.4b

Engages in real estate business in India and internationally.

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

Market Cap: د.ك33.0m

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

YuanShengTai Dairy Farm

Market Cap: HK$1.2b

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

Ramco Industries

Market Cap: ₹30.7b

Engages in the building products, textiles, and power generation businesses in India.

Fengyinhe Holdings

Market Cap: HK$4.2b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Dwi Guna Laksana

Market Cap: Rp3.2t

Engages in the coal mining and trading activities in Indonesia.

Natural Food International Holding

Market Cap: HK$2.6b

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

Vidhi Specialty Food Ingredients

Market Cap: ₹16.5b

Engages in manufacture and trading of synthetic food colors.

PBA Holdings Bhd

Market Cap: RM 652.1m

An investment holding company, operates as a water supplier in Malaysia.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

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

Market Cap: د.ك46.4m

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