Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Tri-County Financial Group

Market Cap: US$110.0m

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.

First Northern Community Bancorp

Market Cap: US$204.8m

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.

Morris State Bancshares

Market Cap: US$244.8m

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

Aesler Grup Internasional

Market Cap: Rp4.2t

Provides architectural and construction management services in Indonesia.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Namibia Breweries

Market Cap: R6.0b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

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.

va-Q-tec

Market Cap: €401.0m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Linkhome Holdings

Market Cap: US$163.4m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺5.2b

Manufactures and sells heavy machinery and equipment.

ANSA Merchant Bank

Market Cap: TT$2.7b

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

FRMO

Market Cap: US$388.7m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Itafos

Market Cap: CA$577.8m

Operates as a phosphate and specialty fertilizer company.

Acsion

Market Cap: R2.7b

Engages in property holding and development activities in South Africa and internationally.

Pure Cycle

Market Cap: US$265.1m

Provides wholesale water and wastewater services in the United States.

First Bancorp

Market Cap: US$273.5m

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

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$25.5b

n/a

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

Alantra Partners

Market Cap: €314.4m

Engages in the investment banking and asset management services in Spain and internationally.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Purple Group

Market Cap: R3.1b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

MCH Group

Market Cap: CHF 106.7m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

ASA Gold and Precious Metals

Market Cap: US$1.0b

A publicly owned investment manager.

Transnational Corporation of Nigeria

Market Cap: ₦485.7b

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

PINAGO UTAMA

Market Cap: Rp2.8t

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

Sopharma AD

Market Cap: лв1.4b

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

Soma Gold

Market Cap: CA$168.9m

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

Transcorp Power

Market Cap: ₦2.6t

Engages in the generation and sale of electric power in Nigeria and internationally.

Sound Financial Bancorp

Market Cap: US$113.7m

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

SUI Group Holdings

Market Cap: US$251.4m

A principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

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

FineMark Holdings

Market Cap: US$436.1m

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Corporación Financiera Colombiana

Market Cap: Col$6.3t

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