Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Ruentex Interior Design

Market Cap: NT$3.5b

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

Senstar Technologies

Market Cap: US$114.6m

Provides physical, video, and access control security products and solutions worldwide.

Liburnia Riviera Hoteli d.d

Market Cap: €174.0m

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

First Bancorp

Market Cap: US$278.0m

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

Southern Michigan Bancorp

Market Cap: US$113.3m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Valhi

Market Cap: US$392.6m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Pure Cycle

Market Cap: US$265.1m

Provides wholesale water and wastewater services in the United States.

Oakworth Capital

Market Cap: US$164.5m

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

Gulf Island Fabrication

Market Cap: US$125.2m

Operates as a fabricator of steel structures and modules in the United States.

First Northern Community Bancorp

Market Cap: US$206.4m

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.

FRMO

Market Cap: US$363.6m

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

Sound Financial Bancorp

Market Cap: US$113.8m

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

ASA Gold and Precious Metals

Market Cap: US$867.4m

A publicly owned investment manager.

Franklin Financial Services

Market Cap: US$202.9m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$25.0b

n/a

Affinity Bancshares

Market Cap: US$117.1m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Metalpha Technology Holding

Market Cap: US$118.0m

Provides wealth management services in Hong Kong.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Grendene

Market Cap: R$4.7b

Engages in the development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally.

Greenfire Resources

Market Cap: US$355.5m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Linkhome Holdings

Market Cap: US$168.3m

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

NameSilo Technologies

Market Cap: US$101.1m

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

Itafos

Market Cap: CA$672.5m

Operates as a phosphate and specialty fertilizer company.

Procimmo Group

Market Cap: CHF 369.4m

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

Soma Gold

Market Cap: CA$153.6m

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

Solesence

Market Cap: US$230.5m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

FineMark Holdings

Market Cap: US$439.2m

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.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Engages distribution of electricity in Peru.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Daoming Optics&ChemicalLtd

Market Cap: CN¥6.5b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥13.9b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.7b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Taiyuan Heavy Industry

Market Cap: CN¥8.8b

Manufactures and sells heavy-duty machinery in China.