Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.8b

Processes heavy bitumen crude in Africa.

Senstar Technologies

Market Cap: US$117.6m

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

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Zona Franca de Iquique

Market Cap: CL$229.6b

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

Eurofins-Cerep

Market Cap: €88.8m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 318.0b

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

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.

NSIA Banque Société Anonyme

Market Cap: XOF 252.3b

Provides various banking products and services.

Transcorp Power

Market Cap: ₦2.4t

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Jadranski naftovod d.d

Market Cap: €836.4m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Chilanga Cement

Market Cap: K6.1b

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

NICO Holdings

Market Cap: MK 902.2b

Engages in general insurance, life assurance, pension administration, banking, corporate finance advisory, asset management, and information technology (IT) businesses in in Malawi, Zambia, Uganda, and Mozambique.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Potasios de Chile

Market Cap: CL$536.2b

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

Standard Bank

Market Cap: MK 2.8t

Provides banking and other related services in Malawi.

Yashima Denki

Market Cap: JP¥35.1b

Provides plant business, industry/equipment, and transportation business in Japan and internationally.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Capricorn Group

Market Cap: R11.0b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

DorightLtd

Market Cap: CN¥3.4b

Engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving environmental protection equipment in China.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Darwin

Market Cap: €86.4m

Operates as a biotechnology company.

MAPFRE Middlesea

Market Cap: €128.8m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Zambia Sugar

Market Cap: K13.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Ogaki Kyoritsu Bank

Market Cap: JP¥110.5b

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

Hunan Investment GroupLtd

Market Cap: CN¥2.7b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

Sixxon Tech

Market Cap: NT$4.3b

Engages in the design, manufacturing, processing, and sale of parts and components of automotive, industrial applications, electronics, and medical products in Asia, Europe, and North America.

Time Interconnect Technology

Market Cap: HK$15.4b

An investment holding company, manufactures and sells cable assembly, digital cable, and server products in the People's Republic of China, the United States, Singapore, the Netherlands, Hong Kong, Mexico, the United Kingdom, and internationally.

Shanghai Material Trading

Market Cap: CN¥4.2b

Engages in the wholesale and retail of production materials for automobile and chemicals in China and internationally.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.6b

Researches, develops, produces, and sells black sesame health products in China.