Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

China SXT Pharmaceuticals

Market Cap: US$222.8m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

Vantage

Market Cap: US$125.4m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Transcorp Power

Market Cap: ₦2.4t

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

Senstar Technologies

Market Cap: US$108.0m

Provides physical, video, and access control security products and solutions worldwide.

Reitar Logtech Holdings

Market Cap: US$318.5m

Through its subsidiaries, provides construction management and engineering design services.

Lithium Chile

Market Cap: CA$136.4m

Engages in the acquisition and development of lithium properties in Chile and Argentina.

Standard Bank

Market Cap: MK 2.8t

Provides banking and other related services in Malawi.

Darwin

Market Cap: €96.6m

Operates as a biotechnology company.

West Bancorporation

Market Cap: US$342.7m

Operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States.

FRMO

Market Cap: US$371.6m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Solesence

Market Cap: US$304.2m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Metalpha Technology Holding

Market Cap: US$121.9m

Provides wealth management services in Hong Kong.

Maistra d.d

Market Cap: €529.7m

Engages in the hotel business in Croatia.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Nigerian Aviation Handling

Market Cap: ₦190.8b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

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

Pure Cycle

Market Cap: US$265.6m

Provides wholesale water and wastewater services in the United States.

FineMark Holdings

Market Cap: US$517.1m

Operates as the holding company for FineMark National Bank & Trust that provides various banking products and financial services to individual and corporate clients.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

Itafos

Market Cap: CA$539.1m

Operates as a phosphate and specialty fertilizer company.

La Forestière Equatoriale

Market Cap: €119.4m

Does not have any significant operations.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 68.6b

Processes heavy bitumen crude in Africa.

Zona Franca de Iquique

Market Cap: CL$226.4b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Valhi

Market Cap: US$489.2m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 276.9b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Gulf Island Fabrication

Market Cap: US$108.9m

Operates as a fabricator of steel structures and modules in the United States.

NSIA Banque Société Anonyme

Market Cap: XOF 252.3b

Provides various banking products and services.

First National Bank of Botswana

Market Cap: P13.5b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Sparta

Market Cap: €91.6m

A publicly owned investment manager.

Morris State Bancshares

Market Cap: US$234.2m

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

Grendene

Market Cap: R$4.9b

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

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Oakworth Capital

Market Cap: US$156.3m

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

Eurofins-Cerep

Market Cap: €95.3m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Potasios de Chile

Market Cap: CL$536.2b

Engages in investment in shares and other financial instruments in Chile.