Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Liburnia Riviera Hoteli d.d

Market Cap: €97.4m

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

Alantra Partners

Market Cap: €298.2m

Engages in the investment banking and asset management services in Spain and internationally.

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

Market Cap: ج.م8.1b

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.

Transcorp Power

Market Cap: ₦2.7t

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

Misr Beni Suef CementE

Market Cap: ج.م5.2b

Produces and sells cement products in Egypt and internationally.

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Chongqing Machinery & Electric

Market Cap: HK$3.1b

Designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.

Moury Construct

Market Cap: €201.1m

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium.

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Zambia Sugar

Market Cap: K12.2b

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

Decora

Market Cap: zł767.8m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

MCH Group

Market Cap: CHF 102.0m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Transnational Corporation of Nigeria

Market Cap: ₦421.7b

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

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.1b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Lavipharm

Market Cap: €127.5m

Engages in the research, development, manufacture, import, marketing, sale, and wholesale of pharmaceutical, cosmetics, and healthcare products to physicians and pharmacists in Greece and internationally.

Central Cooperative Bank AD

Market Cap: лв199.6m

A commercial bank, provides various financial products and services.

Oakworth Capital

Market Cap: US$151.7m

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

Intellego Technologies

Market Cap: SEK 1.8b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Morris State Bancshares

Market Cap: US$219.8m

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

Lion Rock Group

Market Cap: HK$993.3m

An investment holding company, provides printing services to international book publishers, trade, professional and educational publishing conglomerates, and print media companies.

Capricorn Group

Market Cap: R10.8b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Fengyinhe Holdings

Market Cap: HK$882.0m

An investment holding company, provides various financial services to real estate industry in the People’s Republic of China.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, markets, promotes, and sells pharmaceutical products and medical devices primarily in the People’s Republic of China.

Sugar Terminals

Market Cap: AU$363.6m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Flügger group

Market Cap: DKK 935.6m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

Sparta

Market Cap: €88.7m

A publicly owned investment manager.

Central Forest Group

Market Cap: JP¥22.1b

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

Pizu Group Holdings

Market Cap: HK$1.9b

An investment holding company, engages in the manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Smart Organic AD

Market Cap: лв313.0m

Engages in the production and distribution of organic products worldwide.

SALUS Ljubljana d. d

Market Cap: €242.4m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 65.5b

Processes heavy bitumen crude in Africa.

First IC

Market Cap: US$156.4m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.