Global Undiscovered Gems With Strong Fundamentals

Ramco Industries

Market Cap: ₹27.0b

Engages in the building products, textiles, and power generation businesses in India.

Cigniti Technologies

Market Cap: ₹49.8b

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

Indo Tech Transformers

Market Cap: ₹17.0b

Manufactures and sells transformers in India and internationally.

Mulpha International Bhd

Market Cap: RM 909.3m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

BLS E-Services

Market Cap: ₹19.4b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

AblePrint Technology

Market Cap: NT$24.6b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

TI Cloud

Market Cap: HK$819.3m

Provides cloud-native customer contact solutions that enables enterprises to engage in multi-channel customer interactions in the People's Republic of China and Hong Kong.

PINAGO UTAMA

Market Cap: Rp2.4t

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

Tai Sin Electric

Market Cap: S$269.3m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Lippo Cikarang

Market Cap: Rp3.0t

Develops real estate and industrial estate projects in Indonesia.

Saint-Gobain Sekurit India

Market Cap: ₹9.8b

Manufactures and sells laminated and tempered automotive glass in India.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

VNV Global

Market Cap: SEK 2.7b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Y.D. More Investments

Market Cap: ₪4.1b

A privately owned Investment Manager.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Dekpol

Market Cap: zł675.7m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م32.0b

Produces and sells fertilizers.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺8.2b

Operates in the tourism, construction, and energy sectors in Turkey.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 75.6b

Processes heavy bitumen crude in Africa.

AB Akola Group

Market Cap: €304.8m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

SALUS Ljubljana d. d

Market Cap: €387.9m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Wema Bank

Market Cap: ₦738.2b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 472.4b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Transnational Corporation of Nigeria

Market Cap: ₦428.8b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

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

YH Entertainment Group

Market Cap: HK$1.8b

An investment holding company, operates as an artist management company in Mainland China and Korea.

Ha Giang Mineral Mechanics

Market Cap: ₫3.0t

Explores, extracts, and process mineral ores in Vietnam and internationally.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Wison Engineering Services

Market Cap: HK$1.6b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

YuanShengTai Dairy Farm

Market Cap: HK$1.1b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Saatvik Green Energy

Market Cap: ₹48.9b

Manufactures and sells solar photovoltaic modules in India and internationally.

KP Green Engineering

Market Cap: ₹21.3b

Engages in engineering and manufacture of steel structure in India.