Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Mulpha International Bhd

Market Cap: RM 936.9m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Hua Na Hydropower

Market Cap: ₫5.6t

Engages in the electricity generation activities.

Vietnam Container Shipping

Market Cap: ₫11.2t

Engages in port services activities in Vietnam.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Ha Giang Mineral Mechanics

Market Cap: ₫3.6t

Explores, extracts, and process mineral ores in Vietnam and internationally.

TSTE

Market Cap: ฿4.4b

Primarily engages in the production and distribution of wheat flour in Thailand.

PBA Holdings Bhd

Market Cap: RM 662.0m

An investment holding company, operates as a water supplier in Malaysia.

PAN Group

Market Cap: ₫6.9t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Zambia Sugar

Market Cap: K15.2b

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

Chilanga Cement

Market Cap: K6.0b

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

Itafos

Market Cap: CA$566.2m

Operates as a phosphate and specialty fertilizer company.

Pure Cycle

Market Cap: US$243.2m

Provides wholesale water and wastewater services in the United States.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 308.5b

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

Linkhome Holdings

Market Cap: US$145.1m

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

Rich Sparkle Holdings

Market Cap: US$509.0m

Provides financial printing and corporate services in Hong Kong.

FRMO

Market Cap: US$386.1m

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

Oakworth Capital

Market Cap: US$160.5m

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

Sociedad de Inversiones Oro Blanco

Market Cap: CL$1.3t

Through its subsidiaries, invests in various types of goods and securities in Chile.

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Zona Franca de Iquique

Market Cap: CL$222.9b

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

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.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

First Bancorp

Market Cap: US$304.7m

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

SUI Group Holdings

Market Cap: US$569.0m

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

Transnational Corporation of Nigeria

Market Cap: ₦477.6b

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

SalfaCorp

Market Cap: CL$484.5b

Engages in engineering, construction, and real estate businesses in Chile and internationally.

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

Market Cap: ج.م18.8b

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.