Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

Liburnia Riviera Hoteli d.d

Market Cap: €145.9m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Capricorn Group

Market Cap: R13.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Freetrailer Group

Market Cap: €753.0m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Namibia Breweries

Market Cap: R6.2b

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.7m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Procimmo Group

Market Cap: CHF 360.4m

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

Tri-County Financial Group

Market Cap: US$115.9m

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.

Epsilon Energy

Market Cap: US$117.4m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Practic

Market Cap: RON 760.3m

Engages in the lease and sublease of real estate properties in Romania.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

An Phat Bioplastics

Market Cap: ₫3.4t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

ShenZhen Click TechnologyLTD

Market Cap: CN¥8.9b

Designs, produces, sells, and services LED lighting power supplies, power battery chargers, communication power supplies, adapters, magnetic components, electric car chargers, charging piles, and others in China and internationally.

GDEP ADVANCEInc

Market Cap: JP¥17.7b

Engages in the system incubation business in Japan.

Center International GroupLtd

Market Cap: CN¥6.9b

Provides building metal enclosure systems solutions in China.

Unitech Computer

Market Cap: NT$6.7b

Engages in the design, manufacture, sale, import and export of computers, computer peripheral equipment and automatic identification systems in Asia, America, Europe, and Oceania.

Maxigen Biotech

Market Cap: NT$3.5b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

Lucky Cement

Market Cap: NT$6.1b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Soliton Systems K.K

Market Cap: JP¥36.7b

A technology company, provides IT security-related and embedded systems in Japan and internationally.

Aesler Grup Internasional

Market Cap: Rp4.9t

Provides architectural and construction management services in Indonesia.

Bonny Worldwide

Market Cap: NT$8.1b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Jagsonpal Pharmaceuticals

Market Cap: ₹13.3b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Saint-Gobain Sekurit India

Market Cap: ₹9.8b

Manufactures and sells laminated and tempered automotive glass in India.

Kinpo Electronics

Market Cap: NT$33.3b

Designs, manufactures, and sells consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.

AlpenLtd

Market Cap: JP¥89.2b

Engages in the development and sale of sporting products in Japan.

Vidhi Specialty Food Ingredients

Market Cap: ₹16.6b

Engages in manufacture and trading of synthetic food colors.

Monarch Networth Capital

Market Cap: ₹23.6b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Innotech

Market Cap: JP¥27.8b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

AblePrint Technology

Market Cap: NT$25.4b

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

Savior Lifetec

Market Cap: NT$5.5b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.