Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

JB Foods

Market Cap: S$239.1m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Canal Shipping Agencies

Market Cap: ج.م8.4b

Provides various shipping services to the international commercial fleet in Egypt.

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

Market Cap: ج.م25.6b

Engages in the establishment and management of technology zones, scientific incubators, and training centers for the preparation of researchers, transfer technology, and related services in Egypt.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.9b

Provides various banking products and services in Egypt.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.0b

Produces and sells fertilizers.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Sichuan Fulin Transportation Group

Market Cap: CN¥4.5b

Sichuan Fulin Transportation Group Co., Ltd.

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Singapura Finance

Market Cap: S$129.3m

Provides finance services in Singapore.

Pure Cycle

Market Cap: US$237.8m

Provides water and wastewater services in the United States.

First Bancorp

Market Cap: US$312.4m

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

Envirotainer

Market Cap: €386.3m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

First National Bank of Botswana

Market Cap: P14.4b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 95.5b

Processes heavy bitumen crude in Africa.

HOMAG Group

Market Cap: €389.1m

Manufactures and sells machines and solutions for wood processing and timber construction industries worldwide.

Transnational

Market Cap: ₦487.8b

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

Namibia Breweries

Market Cap: R6.3b

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

Telekom Networks Malawi

Market Cap: MK 356.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

ASA Gold and Precious Metals

Market Cap: US$1.1b

A publicly owned investment manager.

A3 Mercados

Market Cap: AR$706.5b

Operates as a market for negotiable securities in Argentina and internationally.

Soma Gold

Market Cap: CA$200.2m

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

Oakworth Capital

Market Cap: US$184.3m

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

Freetrailer Group

Market Cap: €505.2m

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

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

NameSilo Technologies

Market Cap: US$104.4m

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

Sociedad Matriz SAAM

Market Cap: CL$1.5t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals services in South America, Central America, and North America.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Central Forest Group

Market Cap: JP¥22.7b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Ouro Fino Saúde Animal Participações

Market Cap: R$1.5b

Engages in the development, production, and sale of veterinary drugs, vaccines, and other products for production and companion animals primarily in Brazil.

Grendene

Market Cap: R$4.2b

Engages in the development, production, distribution, sale, and market of plastic footwear in Brazil, North America, Asia, Oceania, Europe, Central and South America, the Middle East, and Africa.

Winchester Bancorp

Market Cap: US$119.9m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Chilanga Cement

Market Cap: K15.9b

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