Global Undiscovered Gems With Strong Fundamentals

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp9.2t

Engages in the plantation business in Indonesia and internationally.

Beximco Pharmaceuticals

Market Cap: ৳52.6b

Manufactures and markets generic pharmaceutical formulations and active pharmaceutical ingredients in Bangladesh.

ASK Automotive

Market Cap: ₹104.0b

Manufactures and sells auto components for the automobile industry in India.

Binjiang Service Group

Market Cap: HK$6.9b

Provides property management and related services in the People’s Republic of China.

Lancy

Market Cap: CN¥7.6b

Engages in the design, production, and sale of branded clothing, apparel, and home textile products in China and internationally.

Zhejiang Shaoxing RuiFeng Rural Commercial BankLtd

Market Cap: CN¥10.4b

Provides commercial banking products and services in China.

Matahari Department Store

Market Cap: Rp3.6t

Engages in the retail business in Indonesia.

Shanghai Foreign Service Holding Group

Market Cap: CN¥12.1b

Shanghai Foreign Service Holding Group Co., Ltd.

GHCL

Market Cap: ₹62.0b

Manufactures and trading of inorganic chemicals in India and internationally.

Medi Assist Healthcare Services

Market Cap: ₹36.8b

Provides third party administration services in India and internationally.

Zhejiang Huangma TechnologyLtd

Market Cap: CN¥10.9b

Researches, develops, produces, and sells surfactants in China and internationally.

Hangzhou DPtech TechnologiesLtd

Market Cap: CN¥12.2b

Together with its subsidiary, Hangzhou Deepin Information Technology Co., Ltd., engages in the research and development, production, and sale of network security and application delivery products in China, Hong Kong, and internationally.

Commercial Bank of Ceylon

Market Cap: LK₨312.5b

Operates as a well-diversified financial institution, in Sri Lanka, Bangladesh, Myanmar, Maldives, and internationally.

Shandong Bailong Chuangyuan Bio-Tech

Market Cap: CN¥8.4b

Shandong Bailong Chuangyuan Bio-Tech Co., Ltd.

China Catalyst Holding

Market Cap: CN¥4.8b

Engages in the research and development, production, and sale of zeolite catalyst, customized process package solutions, and fine chemicals in China and internationally.

Newron Pharmaceuticals

Market Cap: CHF 216.0m

A biopharmaceutical company, discovers and develops novel therapies for patients with diseases of the central and peripheral nervous system in Italy and the United States.

M.P. Evans Group

Market Cap: UK£704.5m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

Pinewood Technologies Group

Market Cap: UK£417.2m

Operates as a cloud-based dealer management software provider in the United Kingdom, rest of Europe, Africa, Asia, the Middle East, and internationally.

Heritage Insurance Holdings

Market Cap: US$714.4m

Through its subsidiaries, provides personal and commercial residential insurance products.

ChemoMetec

Market Cap: DKK 10.9b

Engages in the development, production, and sale of analytical equipment for cell counting and analysis the United States, Canada, Europe, and internationally.

We Buy Cars Holdings

Market Cap: R23.1b

Engages in buying, distributing, and retailing pre-owned motor vehicles through their website in South Africa.

Burkhalter Holding

Market Cap: CHF 1.4b

Through its subsidiaries, provides electrical engineering services to the construction sector primarily in Switzerland.

Concurrent Technologies

Market Cap: UK£192.7m

Designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers.

VRG

Market Cap: zł1.1b

Designs, manufactures, and distributes jewelry and clothing for women and men in Poland, Hungary, the Eurozone, and the United States.

GRK Infra Oyj

Market Cap: €549.5m

Provides infrastructure construction services in Finland, Sweden, and Estonia.

Private Bancorp of America

Market Cap: US$343.8m

Operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California.

Third Coast Bancshares

Market Cap: US$531.6m

Operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in the United States.

Nutex Health

Market Cap: US$590.1m

Operates as a healthcare services and operations company in the United States.

PFISTERER Holding

Market Cap: €1.3b

Manufactures and sells cable fittings, insulators for overhead lines, and associated components for sensitive interfaces in energy networks and renewable energy generation.

First Bank

Market Cap: US$400.0m

Provides various banking products and services to small and mid-sized businesses and individuals.

Bastei Lübbe

Market Cap: €121.2m

A media company, publishes books, audio books, e-books, and other digital products in the genres of fiction and popular science content in Germany, Austria, Luxembourg, and Switzerland.

Juhayna Food IndustriesE

Market Cap: ج.م26.7b

Engages in producing, manufacturing, processing, and packaging of dairy products, juices, and cooking products in Egypt.

HarborOne Bancorp

Market Cap: US$551.7m

Provides financial services to individuals, families, small and mid-size businesses, and municipalities.

Ferrari Group

Market Cap: €777.9m

Provides shipping, integrated logistics, and value-added services for jewelry and precious goods in Europe, Asia, North America, Brazil, and internationally.

Caledonia Mining

Market Cap: US$705.0m

Primarily operates a gold mine in Jersey.

North West

Market Cap: CA$2.3b

Through its subsidiaries, engages in the retail of food and everyday products and services in northern Canada, rural Alaska, the South Pacific, and the Caribbean.