Global Undiscovered Gems With Strong Fundamentals

Nippon Care Supply

Market Cap: JP¥36.3b

Engages in the rental and wholesale of welfare equipment businesses in Japan.

Zkteco

Market Cap: CN¥7.1b

ZKTeco Co., Ltd. provides biometric solutions and AI Cognitive Spatial Intelligence technologies.

Indo Amines

Market Cap: ₹9.7b

Engages in the manufacture, distribution, and sale of fine, performance, and specialty chemicals in India and internationally.

Jinghua Pharmaceutical Group

Market Cap: CN¥6.5b

Engages in the research and development, manufacture, and sale of APIs and pharmaceutical intermediates in China.

Changzhou Nrb

Market Cap: CN¥7.0b

Engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally.

ZHEJIANG DIBAY ELECTRICLtd

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of sealed motors for household, commercial, and vehicle compressors in China and internationally.

Cigniti Technologies

Market Cap: ₹46.4b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.8b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

First Investment Bank AD

Market Cap: лв760.3m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Seneca Foods

Market Cap: US$741.4m

Provides packaged fruits and vegetables in the United States and internationally.

ANSA Merchant Bank

Market Cap: TT$2.7b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Standard Bank

Market Cap: MK 1.2t

Provides banking and other related services in Malawi.

Sparta

Market Cap: €98.0m

A publicly owned investment manager.

Soma Gold

Market Cap: CA$146.6m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

FineMark Holdings

Market Cap: US$452.1m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Pure Cycle

Market Cap: US$263.1m

Provides wholesale water and wastewater services in the United States.

Deutsche Balaton

Market Cap: €225.5m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

First Bancorp

Market Cap: US$283.3m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Corporación Financiera Colombiana

Market Cap: Col$6.5t

Operates as a private financial institution in Columbia and Central America.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.8b

Researches, develops, produces, and sells black sesame health products in China.

NS United Kaiun Kaisha

Market Cap: JP¥132.7b

Engages in the marine transportation services and related business in Japan and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Dwi Guna Laksana

Market Cap: Rp3.2t

Engages in the coal mining and trading activities in Indonesia.

Telekom Networks Malawi

Market Cap: MK 366.0b

Provides telecommunication services to enterprises and individual customers in Malawi.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.4b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

Morris State Bancshares

Market Cap: US$258.3m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Bank of Iwate

Market Cap: JP¥69.5b

Provides various financial products and services in Japan.

GB Holdings

Market Cap: US$54.7m

Provides rubber and chemical products in Zimbabwe.

First Copper Technology

Market Cap: NT$14.4b

Produces and sells copper and copper alloy strips in Taiwan and internationally.

Cresco

Market Cap: JP¥61.8b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

China Post Technology

Market Cap: CN¥7.4b

Engages in the research and development, design, production, sale, and related servicing of intelligent logistics systems in China.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺11.4b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Lippo Cikarang

Market Cap: Rp3.1t

Develops real estate and industrial estate projects in Indonesia.