Global Undiscovered Gems With Strong Fundamentals

Paul Hartmann

Market Cap: €795.6m

Manufactures and sells medical and care products in Germany, rest of Europe, the Middle East, Africa, Asia and Pacific region, and the Americas.

Tigbur - Temporary Professional Personnel

Market Cap: ₪510.6m

Tigbur - Temporary Professional Personnel Ltd.

Bank Of Africa Senegal

Market Cap: XOF 183.4b

Provides various banking products and services to individuals, businesses, and small and medium sized enterprises in Senegal.

First Capital

Market Cap: US$144.8m

Operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers in Indiana and Kentucky, the United States.

Lianhe Sowell International Group

Market Cap: US$127.9m

Through its subsidiaries, engages in the provision of machine vision products and solutions in China.

Jaiz Bank

Market Cap: ₦201.1b

Provides non-interest banking services in Nigeria.

Sarana Mitra Luas

Market Cap: Rp4.5t

Engages in the forklift rental business in Indonesia.

Columbus

Market Cap: DKK 1.3b

A digital advisory and IT services consultancy company, provides digital transformation solutions for the manufacturing, retail and distribution, food and beverage, and life science industries in the Denmark and internationally.

Etoiles Capital Group

Market Cap: US$145.8m

Through its subsidiaries, provides integrated investor relations services in Hong Kong, China, and the United States.

Kafrit Industries (1993)

Market Cap: ₪718.7m

Offers customized masterbatches and compounds in Israel, China, Germany, Canada, and internationally.

Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative

Market Cap: €1.4b

Caisse Régionale de Crédit Agricole Mutuel Nord de France Société cooperative provides banking products and financial services in France.

Aplicaciones y Tratamiento de Sistemas

Market Cap: €216.5m

Aplicaciones y Tratamiento de Sistemas, S.A.

United Capital

Market Cap: ₦340.2b

Provides investment banking, portfolio management, securities trading, and trusteeship services in Nigeria.

ENB Financial

Market Cap: US$111.4m

Operates as the bank holding company for Ephrata National Bank that provides various financial services to individuals and small-to-medium-sized businesses in the United States.

Vistin Pharma

Market Cap: NOK 1.0b

Through its subsidiary, Vistin Pharma AS, engages in the production and sale of active pharmaceutical ingredients (APIs) worldwide.

Tire Company Debica

Market Cap: zł1.2b

Manufactures and sells tires for passenger cars, vans, and trucks under the Debica, Goodyear, Dunlop, Fulda, and Sava brands in Poland.

iOCO

Market Cap: R2.6b

Provides information and communications technology services in Africa, the United Kingdom, Europe, and the Middle East.

Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret

Market Cap: ₺14.5b

Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret A.S.

Goodwin

Market Cap: UK£833.6m

Provides mechanical and refractory engineering solutions in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally.

Malta International Airport

Market Cap: €805.0m

Develops, operates, and manages the Malta International Airport.

Sygnia

Market Cap: R5.0b

A financial services group, provides investment management and administration services to institutional and retail clients primarily in South Africa.

Kernel Holding

Market Cap: zł5.5b

Engages in the diversified agricultural business in Ukraine, India, Hong Kong, China, Singapore, Switzerland, the Netherlands, Spain, and internationally.

Permian Basin Royalty Trust

Market Cap: US$846.4m

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States.

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener

Market Cap: AR$860.9b

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.

Egyptian Resorts Company (S.A.E)

Market Cap: ج.م9.0b

Develops communities in Egypt.

Zwack Unicum Likoripari és Kereskedelmi Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft63.4b

Manufactures, distributes, and sells alcoholic beverages in Hungary, Europe, and internationally.

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.

CA Sales Holdings

Market Cap: P6.8b

Engages in the fast-moving consumer good business in Botswana, Eswatini, Namibia, South Africa, Lesotho, Mauritius, Zambia, and Zimbabwe.

Solrom Holdings

Market Cap: ₪365.7m

Engages in the research and development of printhead laser for 3D printers in Israel.

Türk Tuborg Bira ve Malt Sanayii

Market Cap: ₺56.1b

Produces, sells, and distributes beer and malt in Turkey and internationally.

Empresas Gasco

Market Cap: CL$245.3b

Provides energy solutions based primarily based on gas in Chile and internationally.

Superkrane Mitra Utama

Market Cap: Rp2.9t

Provides general trading and heavy equipment rental services in Indonesia.

Spur

Market Cap: R3.0b

Operates as a restaurant franchisor in South Africa and internationally.

Glintt Global

Market Cap: €104.4m

Provides IT consulting services for banking, insurance, public administration, and utilities sectors in Portugal, Spain, and Angola.

Banco de Valores

Market Cap: AR$284.6b

Provides various financial products and services in Argentina.

Transcontinental Realty Investors

Market Cap: US$400.3m

A Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land.