Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Liburnia Riviera Hoteli d.d

Market Cap: €161.9m

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

Jadranski naftovod d.d

Market Cap: €806.1m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ80.6m

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Namibia Breweries

Market Cap: R6.2b

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities in Peru.

Tri-County Financial Group

Market Cap: US$115.6m

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.

Productive Business Solutions

Market Cap: US$173.2m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Practic

Market Cap: RON 760.3m

Engages in the lease and sublease of real estate properties in Romania.

Lan Fa Textile

Market Cap: NT$3.7b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Tokyo Tekko

Market Cap: JP¥48.3b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Chuo WarehouseLtd

Market Cap: JP¥24.5b

Provides various logistics services in Japan and internationally.

Top Union Electronics

Market Cap: NT$4.4b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Shenzhen Jdd Tech New Material

Market Cap: CN¥5.8b

Engages in the research, design, development, production and sale of modified polymer protective materials in China.

Nanfang Ventilator

Market Cap: CN¥5.1b

Designs and manufactures HVAC products in China.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Hind Rectifiers

Market Cap: ₹26.0b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.2b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.7m

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

GakkyushaLtd

Market Cap: JP¥25.0b

Manages cram schools that offers entrance exams guidance to junior high schools, high schools, and universities in Japan and internationally.

Daphne International Holdings

Market Cap: HK$870.6m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

E J Holdings

Market Cap: JP¥29.6b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

Tech Semiconductors

Market Cap: CN¥8.5b

Engages in the development, manufacture, and sale of power semiconductor devices in China.

An Phat Bioplastics

Market Cap: ₫3.4t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Center International GroupLtd

Market Cap: CN¥6.9b

Provides building metal enclosure systems solutions in China.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

VICOM

Market Cap: S$574.4m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

ITCENGLOBAL

Market Cap: ₩476.9b

Provides consulting, ICT, and outsourcing services and solutions in South Korea.

Lion Rock Group

Market Cap: HK$1.1b

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

MNtech

Market Cap: ₩350.1b

Manufactures and sells optical films for televisions in South Korea.