Global Undiscovered Gems With Strong Fundamentals

ChemoMetec

Market Cap: DKK 8.8b

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

Sprott

Market Cap: CA$2.3b

A publicly owned asset management holding company.

First Bank

Market Cap: US$400.5m

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

Ferrari Group

Market Cap: €868.3m

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

Remedy Entertainment Oyj

Market Cap: €196.7m

A video game company, engages in the development and sale of PC and console games in Finland.

GRK Infra Oyj

Market Cap: €566.3m

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

We Buy Cars Holdings

Market Cap: R23.6b

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

NZX

Market Cap: NZ$476.4m

Operates a stock exchange in New Zealand.

BW Offshore

Market Cap: NOK 6.6b

Engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific.

Life

Market Cap: JP¥214.0b

Engages in the supermarket chain in Japan.

Ishihara Sangyo KaishaLtd

Market Cap: JP¥92.3b

Manufactures and sells organic and inorganic chemicals in Japan, Asia, the United States, Europe, and internationally.

V Technology

Market Cap: JP¥26.7b

Engages in the development, manufacture, sale, and service of equipment for flat panel displays (FPDs) and semiconductors in Japan.

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.

Nutex Health

Market Cap: US$584.3m

Operates as a physician-led, healthcare services, and operations company in the United States.

Vision

Market Cap: JP¥58.3b

Primarily engages in the provision of mobile Wi-Fi router rental services in Japan and internationally.

Sanken Electric

Market Cap: JP¥178.6b

Engages in the manufacture and sale of electric equipment and apparatus in Japan and internationally.

Systena

Market Cap: JP¥179.4b

Engages in the solution and framework design, IT service, business solution, and cloud businesses in Japan.

KITZ

Market Cap: JP¥123.8b

Engages in the manufacturing and selling of valves, other flow control devices, and related products in Japan and internationally.

Itoki

Market Cap: JP¥118.8b

Engages in manufacturing and sale of office furniture in Japan and internationally.

Globe-ing

Market Cap: JP¥87.7b

Provides DX and strategic consulting, and digital analytics/data services in Japan.

Fuji Seal International

Market Cap: JP¥156.9b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

Treasure FactoryLTD

Market Cap: JP¥40.5b

Engages in the development and operation of reuse stores in Japan.

TOCALOLtd

Market Cap: JP¥121.3b

Develops surface modifying technologies in Japan and internationally.

Evertz Technologies

Market Cap: CA$905.2m

Engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally.

PFISTERER Holding

Market Cap: €1.1b

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

Third Coast Bancshares

Market Cap: US$543.6m

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.

Caledonia Mining

Market Cap: US$438.6m

Primarily operates a gold mine in Jersey.

Burkhalter Holding

Market Cap: CHF 1.6b

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

CoinShares International

Market Cap: SEK 7.8b

Engages in the creating financial products with digital assets and blockchain technology business in Jersey.

Heritage Insurance Holdings

Market Cap: US$647.5m

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

Dominion Hosting Holding

Market Cap: €106.2m

Provides integrated B2B cloud and internet products and services in Italy, Croatia, Slovenia, Serbia, Switzerland, and Bulgaria.

M.P. Evans Group

Market Cap: UK£678.5m

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

Supreme

Market Cap: UK£217.0m

Owns, manufactures, and distributes batteries, lighting, vaping, sports nutrition and wellness, and branded household consumer goods in the United Kingdom, Ireland, the Netherlands, France, rest of Europe, and internationally.

Private Bancorp of America

Market Cap: US$330.8m

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

MIXI

Market Cap: JP¥217.6b

Engages in the sports, digital entertainment, lifestyle, and investment businesses in Japan.

Daxin Materials

Market Cap: NT$28.5b

Engages in the research, development, production, and sale of display and key raw materials, and specialty chemicals for semiconductors in Taiwan, China, Japan, and internationally.