Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Namibia Breweries

Market Cap: R6.2b

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

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.

Era Media Sejahtera

Market Cap: Rp2.8t

Operates as an advertising media company in Indonesia.

Liburnia Riviera Hoteli d.d

Market Cap: €154.3m

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

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

Invests in, operates, and manages duty-free shops.

Productive Business Solutions

Market Cap: US$150.6m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

GTS Internasional

Market Cap: Rp4.6t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Qassim Cement

Market Cap: ر.س4.5b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س972.7m

Produces and sells bakery products in Saudi Arabia.

Nextronics Engineering

Market Cap: NT$4.3b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Baazeem Trading

Market Cap: ر.س613.6m

Operates as a FMCG distribution company.

MOBI Industry

Market Cap: ر.س560.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Gulf Insurance Group - Jordan

Market Cap: د.أ79.3m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Procimmo Group

Market Cap: CHF 364.9m

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

Sun

Market Cap: MU₨7.7b

Operates in the tourism sector.

BLS E-Services

Market Cap: ₹18.8b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Cairo Amman Bank

Market Cap: د.أ308.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Sambhv Steel Tubes

Market Cap: ₹27.1b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Freetrailer Group

Market Cap: €733.9m

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

Hospital Corporation of China

Market Cap: HK$819.0m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Taiyo KagakuLtd

Market Cap: JP¥39.5b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Li Ming Development Construction

Market Cap: NT$4.2b

Li Ming Development Construction Co., Ltd.

Argosy Minerals

Market Cap: AU$161.3m

Engages in the exploration and development of lithium properties in Argentina and the United States.

Sure Global Tech

Market Cap: ر.س442.7m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Ibrahim Fibres

Market Cap: PK₨92.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Padma Oil

Market Cap: ৳16.7b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Hearts and Minds Investments

Market Cap: AU$723.6m

n/a

Bonraybio

Market Cap: NT$3.8b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Hayleys

Market Cap: LK₨145.5b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Central Finance

Market Cap: LK₨61.3b

Provides various financial solutions primarily in Sri Lanka.

Jamuna Bank

Market Cap: ৳19.8b

Provides various banking products and services in Bangladesh.

Wealth First Portfolio Managers

Market Cap: ₹10.5b

Provides share and stock broking services in India.

Indo Farm Equipment

Market Cap: ₹9.1b

Manufactures and sells agricultural, industrial, and construction equipment in India.