Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Billion Industrial Holdings

Market Cap: HK$9.9b

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.

Bank Ganesha

Market Cap: Rp2.8t

Provides various general banking products and services for individuals and businesses in Indonesia.

Bonraybio

Market Cap: NT$3.8b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Q P Group Holdings

Market Cap: HK$861.8m

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

Practic

Market Cap: RON 760.3m

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

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.

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.

Cairo Amman Bank

Market Cap: د.أ294.0m

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

Tri-County Financial Group

Market Cap: US$115.9m

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.

Payton Industries

Market Cap: ₪482.9m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Amir Marketing and Investments in Agriculture

Market Cap: ₪431.2m

Supplies and markets agricultural inputs in Israel.

Analyst I.M.S. Investment Management Services

Market Cap: ₪2.0b

A publicly owned investment manager.

Padma Oil

Market Cap: ৳16.7b

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

Terminal X Online

Market Cap: ₪762.0m

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

C. Mer Industries

Market Cap: ₪400.9m

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

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.0b

Provides wholesale banking services worldwide.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م27.3b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م22.0b

Provides various banking products and services in Egypt.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م32.9b

Produces and sells fertilizers.

Canal Shipping Agencies

Market Cap: ج.م10.7b

Provides various shipping services to the international commercial fleet in Egypt.

Mendelson Infrastructures & Industries

Market Cap: ₪612.1m

Engages in the supply of conduction and flow products in Israel.

Jamuna Bank

Market Cap: ৳19.8b

Provides various banking products and services in Bangladesh.

Y.D. More Investments

Market Cap: ₪3.8b

A privately owned Investment Manager.

Daphne International Holdings

Market Cap: HK$880.5m

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

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.0b

Marmaris Altinyunus Turistik Tesisler A.S.

Central Cooperative Bank AD

Market Cap: лв235.2m

A commercial bank, provides various financial products and services.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺32.9b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Taiyo KagakuLtd

Market Cap: JP¥39.5b

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

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Mackolik Internet Hizmetleri Ticaret

Market Cap: ₺4.4b

Mackolik Internet Hizmetleri Ticaret A.S.