Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Chilanga Cement

Market Cap: K10.0b

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

Standard Bank

Market Cap: MK 1.1t

Provides banking and other related services in Malawi.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 76.4b

Processes heavy bitumen crude in Africa.

Inversiones Doalca SOCIMI

Market Cap: €157.9m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Telekom Networks Malawi

Market Cap: MK 365.4b

Provides telecommunication services to enterprises and individual customers in Malawi.

Sound Financial Bancorp

Market Cap: US$114.0m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Grendene

Market Cap: R$4.3b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

Tri-County Financial Group

Market Cap: US$116.4m

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.

ANSA Merchant Bank

Market Cap: TT$2.7b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Itafos

Market Cap: CA$664.7m

Operates as a phosphate and specialty fertilizer company.

va-Q-tec

Market Cap: €398.1m

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

Bank of Africa Mali

Market Cap: XOF 105.3b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

First Bancorp

Market Cap: US$288.7m

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

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Franklin Financial Services

Market Cap: US$218.6m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

First Investment Company K.S.C.P

Market Cap: د.ك67.8m

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

Freetrailer Group

Market Cap: €699.6m

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

Lampsa Hellenic Hotels

Market Cap: €995.6m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Union Bankshares

Market Cap: US$105.8m

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

Sparta

Market Cap: €99.2m

A publicly owned investment manager.

Deutsche Balaton

Market Cap: €231.8m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

Linkhome Holdings

Market Cap: US$177.2m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$25.0b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.

First Northern Community Bancorp

Market Cap: US$205.0m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Seneca Foods

Market Cap: US$818.1m

Provides packaged fruits and vegetables in the United States and internationally.

Soma Gold

Market Cap: CA$177.1m

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

Mercantil Financeira - Crédito Financiamento e Investimento

Market Cap: R$596.3m

Provides financial solutions in Brazil.

Hermes Transportes Blindados

Market Cap: S/719.8m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Citra Tubindo

Market Cap: Rp4.2t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Standard Chartered Bank Kenya

Market Cap: KSh114.3b

Provides various banking products and services for individuals and businesses.

Hoang Huy Investment Financial Services

Market Cap: ₫18.5t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Vietnam National Reinsurance

Market Cap: ₫4.1t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Ve Wong

Market Cap: NT$9.4b

Produces and distributes foods, drinks, and seasonings in Taiwan, and internationally.

Central Finance

Market Cap: LK₨68.7b

Provides various financial solutions primarily in Sri Lanka.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥5.6b

Qingdao Choho Industrial Co., Ltd. engages in the research, development, manufacture, and sale of automobile chains worldwide.