Global Undiscovered Gems With Strong Fundamentals

GlaxoSmithKline Pakistan

Market Cap: PK₨129.9b

Operates as a biopharma company in Pakistan.

Bank AL Habib

Market Cap: PK₨209.7b

Provides various banking products and services in Pakistan, the Middle East, and the Asia Pacific.

Sinomach General Machinery Science & TechnologyLtd

Market Cap: CN¥2.6b

Sinomach General Machinery Science & Technology Co.,Ltd.

Belle

Market Cap: ₱13.4b

Engages in real estate development business in the Philippines and internationally.

Mitsubishi Steel Mfg

Market Cap: JP¥26.9b

Manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment.

Pakistan Tobacco

Market Cap: PK₨343.2b

Manufactures and sells, tobacco, velo, and vuse in Pakistan and internationally.

Ta Liang Technology

Market Cap: NT$16.9b

Engages in the manufacturing of semiconductor inspection, PCB routing and drilling machines, resin panel cutters, CNC engraving and milling machines, and glass panel processing machines in Taiwan.

C Sun Mfg

Market Cap: NT$28.4b

Provides various processing equipment in Taiwan, China, and internationally.

SAB Finance

Market Cap: Kč3.3b

Provides various foreign exchange service in the Czech Republic.

Caisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative

Market Cap: €1.0b

Provides banking products and services in France.

Burgenland Holding

Market Cap: €225.0m

Through its investment in Burgenland Energie AG, engages in the generation and sale of electricity in Austria.

Les Docks des Pétroles d'Ambès -SA

Market Cap: €92.4m

Engages in the storage and shipping of petroleum products in France.

Multifield International Holdings

Market Cap: HK$894.6m

An investment holding company, engages in the investment, development, management, rental, and sale of real estate properties in Hong Kong and Mainland China.

Top Bright Holding

Market Cap: NT$9.0b

Engages in the research, development, manufacture, and sale of weighing instruments and electronic materials in China and internationally.

AltynGold

Market Cap: UK£223.6m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Ege Profil Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺14.0b

Produces and sells plastic pipes, spare parts, and various profiles and plastic goods in Turkey an internationally.

Jiangyin Electrical AlloyLtd

Market Cap: CN¥6.4b

Engages in the research and development, production, and sale of copper and copper alloy products in China and internationally.

Semyung Electric MachineryLtd

Market Cap: ₩143.2b

Manufactures and sells transmission and distribution lines, railway products, and automobile parts in South Korea and internationally.

Jeju Bank

Market Cap: ₩520.1b

Engages in the provision of commercial banking products and services in South Korea.

Risuntek

Market Cap: CN¥4.6b

Researches, develops, manufactures, and sells electroacoustic products and components in China.

Musashino Bank

Market Cap: JP¥127.7b

Provides banking products and financial services in Japan.

Oriana Power

Market Cap: ₹45.7b

Provides solar energy solutions to industrial and commercial customers in India.

Quality Chemical Industries

Market Cap: USh430.9b

Manufactures and sells pharmaceutical drugs in Uganda.

Delta

Market Cap: ₹22.8b

Operates in the gaming and entertainment, and hospitality businesses in India and internationally.

M.C.S. Steel

Market Cap: ฿4.1b

Engages in the design, production, and distribution of structural steel products for building construction in Thailand, China, and Japan.

Euroz Hartleys Group

Market Cap: AU$157.0m

A diversified financial services company, provides stockbroking, wealth and funds management, and investing services in Australia.

Shanghai Allied Industrial Group

Market Cap: CN¥4.1b

Shanghai Allied Industrial Group Co., Ltd.

Guangdong High Dream Intellectualized Machinery

Market Cap: CN¥5.2b

Guangdong High Dream Intellectualized Machinery Co., Ltd.

Spadel

Market Cap: €879.9m

Produces and markets natural mineral water in Belgium.

Apple Flavor & Fragrance GroupLtd

Market Cap: CN¥3.6b

Engages in the manufacture and sale of flavors, fragrances, and food ingredients in China.

Nam Cheong

Market Cap: S$299.0m

An investment holding company, provides shipbuilding and vessel chartering.

Shareate Tools

Market Cap: CN¥4.5b

Manufactures and sells cemented carbide products and drilling tools in China.

Sagami Holdings

Market Cap: JP¥57.2b

Sagami Holdings Corporation is engaged in the development of chains of Japanese and noodle restaurants in Japan, Vietnam, and Italy.

Amic Forging

Market Cap: ₹15.4b

Engages in the manufacture and sale of forged components in India and internationally.

Sansei Technologies

Market Cap: JP¥41.2b

Plans, designs, manufactures, installs, repairs, and maintains amusement rides, stage equipment, elevators, and other designed equipment in Japan and internationally.

Yamax

Market Cap: JP¥21.4b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.