Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

Billion Industrial Holdings

Market Cap: HK$9.8b

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.

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

Hearts and Minds Investments

Market Cap: AU$719.0m

n/a

Vinacomin - Power Holding

Market Cap: ₫8.2t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp22.2t

Manufactures and sells writing and printing paper products in Asia, Africa, Europe, the Middle East, the United States, and internationally.

Joyce

Market Cap: AU$160.6m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Era Media Sejahtera

Market Cap: Rp2.2t

Operates as an advertising media company in Indonesia.

Jamuna Bank

Market Cap: ৳19.8b

Provides various banking products and services in Bangladesh.

Thai Steel Cable

Market Cap: ฿3.9b

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

Taiyo KagakuLtd

Market Cap: JP¥39.4b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Cairo Amman Bank

Market Cap: د.أ298.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Padma Oil

Market Cap: ৳16.9b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Q P Group Holdings

Market Cap: HK$867.2m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.

Aesler Grup Internasional

Market Cap: Rp4.9t

Provides architectural and construction management services in Indonesia.

Hospital Corporation of China

Market Cap: HK$819.0m

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

ASIX Electronics

Market Cap: NT$5.9b

An IC design company, engages in the research, development, manufacture, and sale of chips in Taiwan, China, and internationally.

JB Foods

Market Cap: S$216.6m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

CTCI Advanced Systems

Market Cap: NT$4.8b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Saha-Union

Market Cap: ฿8.1b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Purple Group

Market Cap: R3.0b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺5.3b

Operates as an asset management company.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Performance Technologies

Market Cap: €97.8m

Provides production and marketing of it products, solutions and services, in Greece.

Zambia Sugar

Market Cap: K21.1b

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

Amir Marketing and Investments in Agriculture

Market Cap: ₪419.7m

Supplies and markets agricultural inputs in Israel.

Terminal X Online

Market Cap: ₪749.7m

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

C. Mer Industries

Market Cap: ₪403.7m

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

Maistra d.d

Market Cap: €612.9m

Engages in the hotel business in Croatia.

Transnational Corporation of Nigeria

Market Cap: ₦440.0b

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

Telekom Networks Malawi

Market Cap: MK 363.4b

Provides telecommunication services to enterprises and individual customers in Malawi.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺10.9b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.