Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Telematic Interactive Bulgaria EAD

Market Cap: лв283.9m

Offers online betting and gambling services.

Telekom Networks Malawi

Market Cap: MK 402.2b

Provides telecommunication services to enterprises and individual customers in Malawi.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

First Northern Community Bancorp

Market Cap: US$191.4m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Practic

Market Cap: RON 736.5m

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

DINE. de

Market Cap: Mex$14.3b

Develops real estate projects in Mexico.

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.

Inversiones Siemel

Market Cap: CL$104.1b

Operates in the agribusiness and agriculture, real estate, finance, and information technology sectors in Chile.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Morris State Bancshares

Market Cap: US$237.0m

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

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

MKH Berhad

Market Cap: RM 582.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Mulpha International Bhd

Market Cap: RM 930.8m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Jadranski naftovod d.d

Market Cap: €806.1m

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

Capricorn Group

Market Cap: R11.2b

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

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

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

TSTE

Market Cap: ฿4.2b

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

Abans Financial Services

Market Cap: ₹10.9b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Saison Technology

Market Cap: JP¥31.6b

Engages in the system development and operation, and software package businesses in Japan.

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥4.6b

Researches, develops, manufactures, installs, and sells elevators in China and internationally.

Cahaya Aero Services

Market Cap: Rp5.5t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Taisun Enterprise

Market Cap: NT$9.2b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

Guangdong Sanhe Pile

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

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

Danang Port

Market Cap: ₫3.1t

Offers port services in Vietnam.

ITOCHU-SHOKUHIN

Market Cap: JP¥135.1b

Engages in the wholesale of food products and alcoholic beverages in Japan.

Tri-County Financial Group

Market Cap: US$114.0m

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.

Freetrailer Group

Market Cap: €678.9m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

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

Oriental Precision & EngineeringLtd

Market Cap: ₩492.8b

Oriental Precision & Engineering Co.,Ltd.

DYPNFLtd

Market Cap: ₩152.9b

Manufactures and sells powder transport equipment in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Enviro Infra Engineers

Market Cap: ₹46.2b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥4.2b

Engages in the research and development, production, sale, and maintenance services of rail transit electrical equipment products in China.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.