Global Undiscovered Gems With Strong Fundamentals

First Ottawa Bancshares

Market Cap: US$144.2m

Operates as the bank holding company for American Commercial Bank & Trust, National Association that provides a range of banking and financial services to individual and corporate customers in LaSalle, Grundy, Cook, and other counties in Illinois.

Computer Direct Group

Market Cap: ₪1.6b

Engages in the computing and software business in Israel.

Skyline Bankshares

Market Cap: US$101.2m

Operates as the holding company for the Skyline National Bank that provides a range of retail and commercial banking services to individuals, and small and medium sized businesses in the United States.

Société de Therapeutique Marocaine

Market Cap: د.م13.8b

A pharmaceutical company, engages in the manufacturing and sale of medicines in Morocco.

I.D.I. Insurance

Market Cap: ₪3.4b

Provides insurance products and services to individuals and corporate customers in Israel.

Willy-Food Investments

Market Cap: ₪466.1m

Imports, exports, markets, and distributes food products in Israel and internationally.

P.C.B. Technologies

Market Cap: ₪804.4m

Engages in the production, sale, marketing, and repair of printed circuit boards (PCB) and beddings in Israel and internationally.

Villar International

Market Cap: ₪3.3b

Engages in acquisition, development, and construction of real estate properties in Israel and internationally.

Automatic Bank Services

Market Cap: ₪874.8m

Operates payment systems for international debit cards in Israel.

More Provident Funds

Market Cap: ₪1.7b

Manages provident and pension funds in Israel.

Calvin B. Taylor Bankshares

Market Cap: US$151.7m

Operates as the holding company for Calvin B.

Honeywell Flour Mills

Market Cap: ₦184.0b

Manufactures and markets wheat-based products in Nigeria.

Orascom Development EgyptE

Market Cap: ج.م24.6b

Engages in developing buildings and integrated communities in Egypt.

QDM International

Market Cap: US$492.4m

Operates as an insurance brokerage company primarily in Hong Kong.

Danel (Adir Yeoshua)

Market Cap: ₪2.9b

Provides human resources services in Israel.

Bank of Jerusalem

Market Cap: ₪1.7b

Provides commercial banking services in Israel.

Far East Holdings Berhad

Market Cap: RM 2.4b

Engages in the cultivation of oil palms in Malaysia.

Elad Software Systems

Market Cap: ₪587.1m

Provides information technology solutions and services in Israel.

Ðuro Ðakovic Grupa d.d

Market Cap: €1.4b

Operates in the defense, transport, machining, and energy and infrastructure sectors in Croatia and internationally.

Embassy Bancorp

Market Cap: US$133.2m

Operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides various banking and related financial products and services to individual, business, and government customers in Pennsylvania.

Ratio Energies - Limited Partnership

Market Cap: ₪5.0b

Explores, develops, and produces oil and natural gas in Israel and internationally.

Keepers Holdings

Market Cap: ₱37.6b

An investment holding company, engages in the liquor, wine, and specialty beverage distribution business in the Philippines.

Organización Cultiba. de

Market Cap: Mex$7.7b

Produces, distributes, and sells beverages in Mexico and internationally.

Cian

Market Cap: US$237.9m

Operates an online real estate classifieds platform in Russia.

Xin Yuan Enterprises Group

Market Cap: HK$929.3m

An investment holding company, provides asphalt tanker and bulk carrier chartering services in the People’s Republic of China, Hong Kong, and Singapore.

Empresas Tricot

Market Cap: CL$279.5b

Operates fashion stores in Chile.

Lake Area Corn Processors

Market Cap: US$162.9m

Through its subsidiary, Dakota Ethanol, L.L.C., owns and manages an ethanol plant in South Dakota.

Saga Falabella

Market Cap: S/934.0m

Operates chain of department stores in Peru.

Auto Nejma Maroc

Market Cap: د.م2.2b

Engages in the importing, distribution, marketing, and exporting of passenger and utility vehicles, spare parts, and automobile accessories in Morocco.

Austral GroupA

Market Cap: S/453.3m

A fishing company, produces and trades in marine based foods and ingredients in Peru and internationally.

Zain Bahrain B.S.C

Market Cap: ب.د42.9m

Zain Bahrain B.S.C. principally engages in the provision of public telecommunications and related products and services in the Kingdom of Bahrain.

Agma

Market Cap: د.م1.4b

Engages in the insurance and reinsurance advisory and brokerage business in Morocco.

Carozzi

Market Cap: CL$881.1b

Produces and markets food products in Chile.

GraceKennedy

Market Cap: JA$70.8b

Engages in food trading and financial services businesses in Jamaica, the United Kingdom, the United States, Canada, rest of Caribbean countries, other European countries, Africa, and internationally.

Tifico Fiber Indonesia

Market Cap: Rp2.4t

Engages in the production and sale of polyester products in Indonesia, Japan, Thailand, the United States, China, Germany, and internationally.

Pondy Oxides And Chemicals

Market Cap: ₹35.4b

Produces and sells lead, lead alloys, and plastic additives in India.