Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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

Market Cap: Mex$30.3b

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

Practic

Market Cap: RON 712.8m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of wheat flour in Thailand.

Cairo Amman Bank

Market Cap: د.أ288.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Padma Oil

Market Cap: ৳19.2b

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

National General Insurance (P.J.S.C.)

Market Cap: د.إ976.5m

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Top Union Electronics

Market Cap: NT$4.5b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.0m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Taiyo KagakuLtd

Market Cap: JP¥37.5b

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

Palasino Holdings

Market Cap: HK$2.2b

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

Jamuna Bank

Market Cap: ৳19.6b

Provides various banking products and services in Bangladesh.

Citra Tubindo

Market Cap: Rp4.2t

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

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Morris State Bancshares

Market Cap: US$250.3m

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

PINAGO UTAMA

Market Cap: Rp2.4t

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

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك105.9m

Provides various insurance products and services in Kuwait.

Hospital Corporation of China

Market Cap: HK$817.6m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Hangzhou Hirisun Technology

Market Cap: CN¥5.0b

Engages in power information system integration business in China.

Viviana Power Tech

Market Cap: ₹9.7b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Amir Marketing and Investments in Agriculture

Market Cap: ₪448.0m

Supplies and markets agricultural inputs in Israel.

Rotshtein Realestate

Market Cap: ₪1.5b

Develops and executes residential projects in Israel.

Lampsa Hellenic Hotels

Market Cap: €982.7m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.8b

Marmaris Altinyunus Turistik Tesisler A.S.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م23.9b

Provides various banking products and services in Egypt.

First Investment Bank AD

Market Cap: лв748.4m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Namibia Breweries

Market Cap: R6.0b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Rimoni Industries

Market Cap: ₪417.0m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م18.2b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺5.2b

Manufactures and sells heavy machinery and equipment.