Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Alantra Partners

Market Cap: €309.7m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 302.9b

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

Transcorp Power

Market Cap: ₦2.4t

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

Dekpol

Market Cap: zł597.1m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

Zambia Sugar

Market Cap: K13.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Zona Franca de Iquique

Market Cap: CL$222.4b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

MCH Group

Market Cap: CHF 109.1m

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

Chilanga Cement

Market Cap: K6.1b

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

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł946.2m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Inversiones Doalca SOCIMI

Market Cap: €153.0m

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

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Potasios de Chile

Market Cap: CL$536.2b

Engages in investment in shares and other financial instruments in Chile.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

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

First National Bank of Botswana

Market Cap: P13.5b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Sugar Terminals

Market Cap: AU$360.0m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Standard Bank

Market Cap: MK 2.8t

Provides banking and other related services in Malawi.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Capricorn Group

Market Cap: R11.0b

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

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Jamuna Bank

Market Cap: ৳16.5b

Provides various banking products and services in Bangladesh.

Cahaya Aero Services

Market Cap: Rp4.3t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Shenzhen Zhongheng Huafa

Market Cap: CN¥2.6b

Produces and sells injection molded parts, foam parts, and liquid crystal display monitors.

Genesys International

Market Cap: ₹25.5b

Provides geographical information services in India and internationally.

National Corporation for Tourism and Hotels

Market Cap: د.إ4.5b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

AGI Infra

Market Cap: ₹25.7b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Abans Financial Services

Market Cap: ₹11.2b

Operates as a non-banking finance company in India, and internationally.

Jiangyin Haida Rubber And Plastic

Market Cap: CN¥6.4b

Jiangyin Haida Rubber And Plastic Co., Ltd.

PC Jeweller

Market Cap: ₹99.7b

Manufactures, sells, and trades in gold, diamond, silver, precious stone, and gold and diamond studded jewelry in India.

Renaissance Global

Market Cap: ₹12.5b

Manufactures and sells diamond studded jewellery in India and internationally.

Huang Hsiang Construction

Market Cap: NT$12.9b

Engages in development of residential and commercial properties.

Hyakugo Bank

Market Cap: JP¥179.5b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Qingdao Eastsoft Communication TechnologyLtd

Market Cap: CN¥8.1b

Research and develops power line carrier and AMI communication solutions in China.