Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Etihad GO Telecom

Market Cap: ر.س2.8b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.1b

Produces and sells fertilizers.

Canal Shipping Agencies

Market Cap: ج.م8.4b

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

Corporación Financiera Colombiana

Market Cap: Col$5.7t

Operates as a private financial institution in Columbia and Central America.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

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

Market Cap: Mex$31.4b

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

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Saha-Union

Market Cap: ฿8.3b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Timex Group India

Market Cap: ₹26.3b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Hayleys

Market Cap: LK₨153.9b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Krishana Phoschem

Market Cap: ₹29.0b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

GOCL

Market Cap: ₹11.1b

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

Piccadily Agro Industries

Market Cap: ₹51.7b

Manufactures and develops alcoholic beverages in India.

Abans Financial Services

Market Cap: ₹10.2b

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

JB Foods

Market Cap: S$227.0m

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.

Bank Ganesha

Market Cap: Rp2.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Najran Cement

Market Cap: ر.س1.0b

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

Saudi Chemical Holding

Market Cap: ر.س6.2b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س742.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Jordanian Duty Free Shops

Market Cap: د.أ148.1m

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

Tri-County Financial Group

Market Cap: US$123.1m

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.

Nofoth Food Products

Market Cap: ر.س838.3m

Produces and sells bakery products in Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.

Padma Oil

Market Cap: ৳17.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Southern Michigan Bancorp

Market Cap: US$118.8m

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.

National Cleaning Company K.P.S.C

Market Cap: د.ك32.6m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.

MOBI Industry

Market Cap: ر.س610.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

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

Market Cap: ج.م23.9b

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.م22.2b

Provides various banking products and services in Egypt.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Cashmere Valley Bank

Market Cap: US$258.1m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Procimmo Group

Market Cap: CHF 407.7m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Baazeem Trading

Market Cap: ر.س540.7m

Operates as a FMCG distribution company.