Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Canal Shipping Agencies

Market Cap: ج.م8.7b

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

Wema Bank

Market Cap: ₦1.1t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Nestlé Pakistan

Market Cap: PK₨349.2b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Abans Financial Services

Market Cap: ₹10.2b

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

Sakar Healthcare

Market Cap: ₹11.9b

Research, develops, manufactures, and sells pharmaceutical products in India.

Fauji Foods

Market Cap: PK₨39.0b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

HG Metal Manufacturing

Market Cap: S$166.2m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Bank Ganesha

Market Cap: Rp2.9t

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

Krishana Phoschem

Market Cap: ₹29.8b

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

DAM Capital Advisors

Market Cap: ₹9.6b

Provides investment banking services.

AIICO Insurance

Market Cap: ₦149.7b

Provides risk underwriting and related financial services in Nigeria.

Aoxin Q & M Dental Group

Market Cap: S$201.5m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

GOCL

Market Cap: ₹14.1b

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

Transnational

Market Cap: ₦507.1b

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

Hindustan Construction

Market Cap: ₹39.6b

Provides engineering and construction services in India and internationally.

PINAGO UTAMA

Market Cap: Rp2.4t

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

Etihad GO Telecom

Market Cap: ر.س2.9b

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

Oxford Bank

Market Cap: US$103.7m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

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.

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.

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

Market Cap: Mex$31.4b

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

Palasino Holdings

Market Cap: HK$1.8b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Wholetech System Hitech

Market Cap: NT$9.3b

Provides system integration services in Taiwan, China, Japan, and Singapore.

Baazeem Trading

Market Cap: ر.س535.6m

Operates as a FMCG distribution company.

Banyan Tree Holdings

Market Cap: S$507.1m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Vidhi Specialty Food Ingredients

Market Cap: ₹14.0b

Engages in the manufacture and trading of synthetic food colors.

Cita Mineral Investindo

Market Cap: Rp16.7t

Engages in bauxite mining activities in Indonesia.

3B Blackbio Dx

Market Cap: ₹10.4b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Padma Oil

Market Cap: ৳17.4b

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

Citra Tubindo

Market Cap: Rp4.6t

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

Thai Steel Cable

Market Cap: ฿3.7b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

MOBI Industry

Market Cap: ر.س556.0m

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

Hind Rectifiers

Market Cap: ₹27.2b

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

Surya Citra Media

Market Cap: Rp17.6t

Provides multimedia services in Indonesia.