Global Undiscovered Gems With Strong Fundamentals

Universal Vision Biotechnology

Market Cap: NT$16.3b

Operates a chain of eye care clinics in Taiwan and China.

Acer E-Enabling Service Business

Market Cap: NT$10.5b

Operates as a cloud company in Taiwan, China, Thailand, the United States, France, and internationally.

Vobile Group

Market Cap: HK$13.5b

An investment holding company, provides software as a service for digital content asset protection and transaction in the United States, Mainland China, and internationally.

Sri Trang Gloves (Thailand)

Market Cap: ฿19.8b

Manufactures and distributes rubber gloves in Asia, North America, South America, Europe, and internationally.

Wuxi Zhenhua Auto PartsLtd

Market Cap: CN¥8.7b

Manufactures and sells auto parts in China.

Sazgar Engineering Works

Market Cap: PK₨88.9b

Manufactures and sells automobiles, automotive parts, and household electric appliances in Pakistan.

Ausnutria Dairy

Market Cap: HK$4.4b

An investment holding company, primarily engages in the research and development, production, marketing, processing, packaging, and distribution of dairy and related products, and nutrition products.

Sinofert Holdings

Market Cap: HK$10.2b

An investment holding company, engages in the production, import and export, distribution, and retail of fertilizer raw materials and crop nutrition products in Mainland China and internationally.

Smaregi

Market Cap: JP¥64.9b

Plans, designs, develops, and provides Internet services.

Dharma Satya Nusantara

Market Cap: Rp16.2t

Operates in the palm oil and wood product business in Indonesia.

Tien Phong Commercial Bank

Market Cap: ₫51.5t

Provides various banking products and services to individuals and businesses in Vietnam.

Nantong Jiangshan Agrochemical & ChemicalsLtd

Market Cap: CN¥9.7b

Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd.

Astra Agro Lestari

Market Cap: Rp13.7t

Engages in the crude palm oil and related derivatives business in Indonesia.

KanamotoLtd

Market Cap: JP¥119.6b

Engages in the construction equipment rental business in Japan and internationally.

Marketech International

Market Cap: NT$47.0b

Manufactures, sells, imports, and trades in a range of integrated circuits, semiconductors, electrical and computer equipment and materials, chemicals, gas, and components in Taiwan, China, the United States, and internationally.

Beijing InHand Networks Technology

Market Cap: CN¥3.6b

Beijing InHand Networks Technology Co., Ltd.

transcosmos

Market Cap: JP¥137.3b

Provides business outsourcing services in Japan and internationally.

Reach Ten Holdings Berhad

Market Cap: RM 505.0m

An investment holding company, provides telecommunications services in Malaysia.

Mizuno

Market Cap: JP¥205.4b

Manufactures and sells sports products in Japan, the rest of Asia, Europe, the Americas, and Oceania.

DXN Holdings Bhd

Market Cap: RM 2.5b

An investment holding company, engages in the manufacture and sale of health supplements and other products on direct sales basis in Latin America, Malaysia, Asia, North America, Africa, Europe, the Middle East, and Oceania.

Hazama Ando

Market Cap: JP¥265.7b

Engages in the construction and construction-related business in Japan and internationally.

FGV Holdings Berhad

Market Cap: RM 4.7b

An investment holding company, engages in the agribusiness in Malaysia, India, China, Pakistan, Indonesia, rest of Asia, the United States, Europe, Africa, New Zealand, and internationally.

Cuscal

Market Cap: AU$574.7m

Provides payment and regulated data related products and services for financial and consumer centric institutions in Australia.

Kuaijishan Shaoxing Rice Wine

Market Cap: CN¥8.9b

Produces, processes, and sells rice wine in China and internationally.

Suprema

Market Cap: ₩226.8b

Develops and manufactures biometric and security products in South Korea and internationally.

Heritage Foods

Market Cap: ₹42.7b

Heritage Foods Limited procures and processes milk and milk products in India.

Strides Pharma Science

Market Cap: ₹82.5b

Develops, manufactures, and sells pharmaceutical products in Africa, Australia, North America, Europe, Asia, and internationally.

National Company for Learning and Education

Market Cap: ر.س7.1b

Owns, establishes, manages, and operates kindergarten, primary, middle, and secondary schools in the Kingdom of Saudi Arabia.

TOVISLtd

Market Cap: ₩255.8b

Provides display solutions in South Korea and internationally.

Esquire Financial Holdings

Market Cap: US$788.6m

Operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small businesses, and commercial and retail customers in the United States.

Anpario

Market Cap: UK£83.4m

Engages in the manufacturer of natural sustainable feed additives for animal health, nutrition, and biosecurity.

Etablissements Maurel & Prom

Market Cap: €1.1b

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, Colombia, Venezuela, Italy, Nigeria, and France.

RaySearch Laboratories

Market Cap: SEK 9.4b

A medical technology company, provides software solutions for cancer treatment worldwide.

Pharos Energy

Market Cap: UK£85.7m

An independent energy company, explores, develops, and produces oil and gas properties in Vietnam and Egypt.

Magnora

Market Cap: NOK 1.5b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Unilever Nigeria

Market Cap: ₦410.8b

Manufactures and markets food, home care, and beauty and personal care products primarily in Nigeria and internationally.