Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Metalpha Technology Holding

Market Cap: US$112.6m

Provides wealth management services in Hong Kong.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 304.5b

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

Rich Sparkle Holdings

Market Cap: US$521.3m

Provides financial printing and corporate services in Hong Kong.

Potasios de Chile

Market Cap: CL$488.6b

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

Pure Cycle

Market Cap: US$246.0m

Provides wholesale water and wastewater services in the United States.

La Forestière Equatoriale

Market Cap: €108.1m

Does not have any significant operations.

Sound Financial Bancorp

Market Cap: US$123.7m

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 76.8b

Processes heavy bitumen crude in Africa.

Soma Gold

Market Cap: CA$146.2m

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

Transcorp Power

Market Cap: ₦2.1t

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

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

SalfaCorp

Market Cap: CL$472.9b

Engages in engineering, construction, and real estate businesses in Chile and internationally.

Southern Michigan Bancorp

Market Cap: US$106.4m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Itafos

Market Cap: CA$577.8m

Operates as a phosphate and specialty fertilizer company.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

FRMO

Market Cap: US$383.4m

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

Oakworth Capital

Market Cap: US$160.0m

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

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.

Senstar Technologies

Market Cap: US$108.3m

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

Greenfire Resources

Market Cap: US$333.7m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Affinity Bancshares

Market Cap: US$119.2m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

First Bancorp

Market Cap: US$303.0m

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

Valhi

Market Cap: US$479.2m

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

Morris State Bancshares

Market Cap: US$248.6m

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

Zambia Sugar

Market Cap: K14.2b

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

Eurofins-Cerep

Market Cap: €92.8m

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

Central Cooperative Bank AD

Market Cap: лв216.1m

A commercial bank, provides various financial products and services.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

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.

Freetrailer Group

Market Cap: €677.0m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Zona Franca de Iquique

Market Cap: CL$218.2b

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

Standard Bank

Market Cap: MK 1.3t

Provides banking and other related services in Malawi.

First National Bank of Botswana

Market Cap: P13.6b

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

Nigerian Aviation Handling

Market Cap: ₦202.7b

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