Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Tri-County Financial Group

Market Cap: US$119.0m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

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

Security Federal

Market Cap: US$106.0m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Morris State Bancshares

Market Cap: US$268.1m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Southern Michigan Bancorp

Market Cap: US$115.1m

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.

Najran Cement

Market Cap: ر.س1.1b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س852.6m

Produces and sells bakery products in Saudi Arabia.

3B Blackbio Dx

Market Cap: ₹13.6b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

PC Jeweller

Market Cap: ₹79.4b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Park Medi World

Market Cap: ₹65.7b

Operates a network of hospitals.

First Investment Company K.S.C.P

Market Cap: د.ك53.5m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Vidhi Specialty Food Ingredients

Market Cap: ₹15.5b

Engages in manufacture and trading of synthetic food colors.

Cigniti Technologies

Market Cap: ₹44.9b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Indo Tech Transformers

Market Cap: ₹12.4b

Manufactures and sells transformers in India and internationally.

Enviro Infra Engineers

Market Cap: ₹29.3b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Digital Mediatama Maxima

Market Cap: Rp2.4t

Operates an integrated marketing platform in Indonesia.

Jamuna Bank

Market Cap: ৳21.4b

Provides various banking products and services in Bangladesh.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك190.2m

Engages in insurance and reinsurance operations in Kuwait.

Space42

Market Cap: د.إ7.2b

Operates as an artificial intelligence (AI) powered SpaceTech company.

Ajman Bank PJSC

Market Cap: د.إ3.9b

Provides various banking products and services for individuals, businesses, and government institutions in the United Arab Emirates.

Transnational Corporation of Nigeria

Market Cap: ₦457.8b

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

Nigerian Aviation Handling

Market Cap: ₦220.2b

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

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك46.3m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك55.3m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك357.4m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Thai Steel Cable

Market Cap: ฿4.1b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك41.1m

Engages in managing real estate projects in Kuwait.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Piccadily Agro Industries

Market Cap: ₹58.6b

Manufactures and develops alcoholic beverages in India.

AIICO Insurance

Market Cap: ₦147.2b

Provides risk underwriting and related financial services in Nigeria.

Wema Bank

Market Cap: ₦906.7b

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

AblePrint Technology

Market Cap: NT$29.0b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

GOCL

Market Cap: ₹12.4b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Onix Solar Energy

Market Cap: ₹14.5b

Engages in the trading of non-ferrous metals in India.