Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Tsubakimoto Kogyo

Market Cap: JP¥51.1b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Ebara JitsugyoLtd

Market Cap: JP¥58.1b

Manufactures and sells environmentally related products.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹12.4b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Sakar Healthcare

Market Cap: ₹14.5b

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

FALCO HOLDINGS

Market Cap: JP¥25.4b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Needs Well

Market Cap: JP¥17.3b

Engages in the IT service business in Japan.

Toho Bank

Market Cap: JP¥172.2b

Provides various banking products and services in Japan.

AGI Infra

Market Cap: ₹43.8b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Taiyo KagakuLtd

Market Cap: JP¥44.2b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Ogaki Kyoritsu Bank

Market Cap: JP¥292.2b

A regional financial institution, provides various financial products and services in Japan and internationally.

Maezawa Kasei Industries

Market Cap: JP¥30.4b

Produces and sells water and sewerage related products, and environmental equipment.

Nippon Care Supply

Market Cap: JP¥35.2b

Engages in the rental and wholesale of welfare equipment businesses in Japan.

Wowow

Market Cap: JP¥33.9b

Provides broadcasting and related services in Japan.

Techno Smart

Market Cap: JP¥21.7b

Provides liquid crystal-related film and cast film manufacturing devices.

NS United Kaiun Kaisha

Market Cap: JP¥164.0b

Engages in the marine transportation services and related business in Japan and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك176.8m

Engages in insurance and reinsurance operations in Kuwait.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

Yashima Denki

Market Cap: JP¥63.3b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Toukei Computer

Market Cap: JP¥79.1b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Renaissance Global

Market Cap: ₹10.7b

Manufactures, retails, and trades in jewelry, gems, and diamonds in India and internationally.

Cairo Amman Bank

Market Cap: د.أ282.0m

Provides various banking and financial services for corporate and institutional customers.

Baazeem Trading

Market Cap: ر.س573.1m

Operates as a FMCG distribution company.

Etihad GO Telecom

Market Cap: ر.س3.2b

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

Sambhv Steel Tubes

Market Cap: ₹35.5b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Tokyo Tekko

Market Cap: JP¥41.3b

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

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Mr Max Holdings

Market Cap: JP¥23.5b

Operates discount stores in Japan.

Jamuna Bank

Market Cap: ৳23.4b

Provides various banking products and services in Bangladesh.

Thai Steel Cable

Market Cap: ฿3.8b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

System ResearchLtd

Market Cap: JP¥28.0b

Provides software development services in Japan.

Ceylinco Holdings

Market Cap: LK₨75.5b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Hoshi Iryo-Sanki

Market Cap: JP¥16.4b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

3B Blackbio Dx

Market Cap: ₹11.2b

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

Nippon Sharyo

Market Cap: JP¥53.5b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.