Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bank of the James Financial Group

Market Cap: US$100.5m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

Anbio Biotechnology

Market Cap: US$1.3b

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, and internationally.

Banque Nationale Agricole Société anonyme

Market Cap: د.ت963.4m

Provides various banking products and services in Tunisia.

Zimbabwe Stock Exchange Holdings

Market Cap: US$113.0m

Operates as a securities exchange.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م23.7b

Provides various banking products and services in Egypt.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م34.2b

Engages in the establishment and management of technology zones, scientific incubators, and training centers for the preparation of researchers, transfer technology, and related services in Egypt.

Chilanga Cement

Market Cap: K14.0b

Engages in the manufacture and sale of cement products in Zambia.

M+S Hydraulic AD

Market Cap: €199.1m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Fidelity Life Assurance of Zimbabwe

Market Cap: US$73.4m

Provides life and funeral assurance, asset management, actuarial consultancy and micro-financing services in Zimbabwe and Malawi.

First Bancorp

Market Cap: US$329.4m

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

Union Bankshares

Market Cap: US$112.1m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

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.

Tri-County Financial Group

Market Cap: US$124.5m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Telekom Networks Malawi

Market Cap: MK 349.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

MAPFRE Middlesea

Market Cap: €145.4m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

NameSilo Technologies

Market Cap: US$115.2m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Sound Financial Bancorp

Market Cap: US$115.5m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Tchaikapharma High Quality Medicines AD

Market Cap: €891.9m

Develops, manufactures, and sells medicines in Bulgaria.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Cashmere Valley Bank

Market Cap: US$258.6m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

First Northern Community Bancorp

Market Cap: US$251.1m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 92.8b

Processes heavy bitumen crude in Africa.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Oakworth Capital

Market Cap: US$189.0m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Lion Capital

Market Cap: RON 2.4b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Canal Shipping Agencies

Market Cap: ج.م9.1b

Provides various shipping services to the international commercial fleet in Egypt.

HOMAG Group

Market Cap: €385.9m

Manufactures and sells machines and solutions for wood processing and timber construction industries worldwide.

Sopharma AD

Market Cap: €924.9m

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

A3 Mercados

Market Cap: AR$740.9b

Operates as a market for negotiable securities in Argentina and internationally.

Winchester Bancorp

Market Cap: US$120.9m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Affinity Bancshares

Market Cap: US$136.5m

Operates as the holding company for Affinity Bank, National Association that provides various banking products and services in the United States.

Oxford Bank

Market Cap: US$104.0m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

ASA Gold and Precious Metals

Market Cap: US$1.3b

A publicly owned investment manager.

Seneca Foods

Market Cap: US$1.1b

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