Global Undiscovered Gems With Strong Fundamentals

China Catalyst Holding

Market Cap: CN¥5.0b

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

Burkhalter Holding

Market Cap: CHF 1.4b

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

M.P. Evans Group

Market Cap: UK£673.3m

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

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.

Pinewood Technologies Group

Market Cap: UK£361.9m

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

Bankwell Financial Group

Market Cap: US$336.7m

Operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers.

North West

Market Cap: CA$2.2b

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$636.9m

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

Insource

Market Cap: JP¥71.7b

Provides various lecturer dispatch type training, open lecture, and other services in Japan.

Tokuyama

Market Cap: JP¥273.0b

Produces and sells various chemical products in Japan.

S.J.S. Enterprises

Market Cap: ₹53.1b

Designs, develops, manufactures, sells, and exports decorative aesthetics primarily to automotive and consumer appliance industries in India and internationally.

Nitin Spinners

Market Cap: ₹17.2b

Manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally.

TOCALOLtd

Market Cap: JP¥120.2b

Develops surface modifying technologies in Japan and internationally.

Shandong Bailong Chuangyuan Bio-Tech

Market Cap: CN¥8.9b

Shandong Bailong Chuangyuan Bio-Tech Co., Ltd.

Alliance Entertainment Holding

Market Cap: US$333.5m

Operates as a wholesaler and e-commerce provider for the entertainment industry worldwide.

Heritage Insurance Holdings

Market Cap: US$913.1m

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

Caledonia Mining

Market Cap: US$527.6m

Primarily operates a gold mine in Jersey.

Juhayna Food IndustriesE

Market Cap: ج.م30.4b

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

KITZ

Market Cap: JP¥148.7b

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

Feilong Auto Components

Market Cap: CN¥13.3b

Feilong Auto Components Co., Ltd., together with its subsidiaries, process, manufactures, and sells auto parts in China and internationally.

Ancom Nylex Berhad

Market Cap: RM 1.0b

An investment holding company, manufactures and trades agricultural, petrochemical, and industrial chemicals in Malaysia and internationally.

APAC Realty

Market Cap: S$295.3m

An investment holding company, provides real estate services in Singapore, Indonesia, Vietnam, and internationally.

Shenzhen Highpower Technology

Market Cap: CN¥6.7b

Engages in the research, design, development, manufacture, and sale of lithium-ion and nickel-metal hydride batteries in China.

Systena

Market Cap: JP¥184.4b

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

Ferrari Group

Market Cap: €745.0m

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

Alivus Life Sciences

Market Cap: ₹112.3b

Develops, manufactures, and markets active pharmaceutical ingredients in India, Japan, Europe, North and Latin America, and internationally.

Zhuzhou Huarui Precision Cutting ToolsLtd

Market Cap: CN¥6.9b

Zhuzhou Huarui Precision Cutting Tools Co.,Ltd.

Zhejiang Huangma TechnologyLtd

Market Cap: CN¥9.7b

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

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.

Foshan Electrical and LightingLtd

Market Cap: CN¥8.5b

Engages in the research and development, production, and sale of general lighting and electrical products, automotive lighting, LED packaging products, and others in the People’s Republic of China and internationally.

Third Coast Bancshares

Market Cap: US$509.9m

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.

GHCL

Market Cap: ₹63.3b

Manufactures and trading of inorganic chemicals in India and internationally.