Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.4m

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

Southern Michigan Bancorp

Market Cap: US$109.9m

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.

NSIA Banque Société Anonyme

Market Cap: XOF 246.1b

Provides various banking products and services.

Freetrailer Group

Market Cap: €735.5m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Metalpha Technology Holding

Market Cap: US$128.4m

Provides wealth management services in Hong Kong.

Linkhome Holdings

Market Cap: US$146.2m

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

Transcorp Power

Market Cap: ₦2.1t

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

Itafos

Market Cap: CA$560.4m

Operates as a phosphate and specialty fertilizer company.

Empresas Lipigas

Market Cap: CL$679.4b

Engages in the distribution and sale of liquefied petroleum gas (LPG) and natural gas (NG) in Chile, Peru, and Colombia.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Gulf Island Fabrication

Market Cap: US$111.4m

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

Elron Ventures

Market Cap: US$112.3m

A venture capital firm specializing in early stage and seed investment.

Greenfire Resources

Market Cap: US$375.9m

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

First Northern Community Bancorp

Market Cap: US$190.5m

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.

La Forestière Equatoriale

Market Cap: €108.1m

Does not have any significant operations.

Telematic Interactive Bulgaria EAD

Market Cap: лв283.9m

Offers online betting and gambling services.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 77.0b

Processes heavy bitumen crude in Africa.

First National Bank of Botswana

Market Cap: P13.6b

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

Wema Bank

Market Cap: ₦467.2b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Oakworth Capital

Market Cap: US$159.8m

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

Pure Cycle

Market Cap: US$244.4m

Provides wholesale water and wastewater services in the United States.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

ASA Gold and Precious Metals

Market Cap: US$727.3m

A publicly owned investment manager.

FineMark Holdings

Market Cap: US$509.8m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Zona Franca de Iquique

Market Cap: CL$225.1b

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

Soma Gold

Market Cap: CA$160.7m

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

Nigerian Aviation Handling

Market Cap: ₦200.9b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Sparta

Market Cap: €104.9m

A publicly owned investment manager.

Affinity Bancshares

Market Cap: US$124.5m

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

PINAGO UTAMA

Market Cap: Rp1.9t

Engages in the oil palm and rubber plantation business in Indonesia.

Chilanga Cement

Market Cap: K6.0b

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 307.8b

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

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.

Solesence

Market Cap: US$255.8m

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

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.