Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Transnational Corporation of Nigeria

Market Cap: ₦505.1b

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

C. Mer Industries

Market Cap: ₪405.6m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Mendelson Infrastructures & Industries

Market Cap: ₪584.4m

Mendelson Infrastructures & Industries Ltd.

Y.D. More Investments

Market Cap: ₪2.9b

A privately owned Investment Manager.

Colorado

Market Cap: د.م1.6b

Manufactures and distributes various paints in Morocco and internationally.

Payton Industries

Market Cap: ₪460.9m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

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.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

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

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

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

Market Cap: ج.م18.7b

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

Shenzhen TVT Digital Technology

Market Cap: CN¥3.9b

Shenzhen TVT Digital Technology Co., Ltd.

Billion Industrial Holdings

Market Cap: HK$9.3b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Poly Plastic Masterbatch (SuZhou)Ltd

Market Cap: CN¥6.5b

Engages in the research and development, production, and sale of chemical fiber solution colorings and advanced functional modified materials in China and internationally.

Wholetech System Hitech

Market Cap: NT$9.9b

Provides system integration services in Taiwan, China, and Singapore.

Well Lead Medical

Market Cap: CN¥4.2b

Engages in the development, production, and sale of medical devices in urology, endourology, anaesthesia, respiratory, hemodialysis, and pain management areas worldwide.

Suzhou Sepax Technologies

Market Cap: CN¥7.7b

Researches, develops, produces, and sells liquid chromatography materials for the separation and purification of biomacromolecules and other drugs worldwide.

Wealth First Portfolio Managers

Market Cap: ₹12.4b

Provides share and stock broking services in India.

Monarch Networth Capital

Market Cap: ₹26.0b

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

Korea Ratings

Market Cap: ₩437.2b

Provides credit rating and business valuation services in South Korea.

Hind Rectifiers

Market Cap: ₹28.9b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Maharashtra Seamless

Market Cap: ₹84.9b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Tai Sin Electric

Market Cap: S$239.3m

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

Banyan Tree Holdings

Market Cap: S$502.8m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

HARBIN GLORIA PHARMACEUTICALS

Market Cap: CN¥7.8b

Harbin Gloria Pharmaceuticals Co., Ltd engages in the research, development, production, and sale of pharmaceutical products primarily in the People’s Republic of China.

Balaji Telefilms

Market Cap: ₹13.1b

Engages in the entertainment business in India and internationally.

Yashima Denki

Market Cap: JP¥48.4b

Provides plant business, industry/equipment, and transportation business in Japan and internationally.

ASRock Rack Incorporation

Market Cap: NT$23.1b

Provides cloud computing server hardware products in Taiwan and internationally.

Marusan Securities

Market Cap: JP¥64.5b

Engages in the financial products trading business in Japan.

Green World Fintech Service

Market Cap: NT$10.9b

A financial technology service company, provides third-party payment services in Taiwan.

Lan Fa Textile

Market Cap: NT$3.7b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Ruentex Interior Design

Market Cap: NT$3.4b

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