Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Shangri-La Hotel

Market Cap: ฿6.1b

Operates hotels in Bangkok and Chiang Mai provinces.

Itafos

Market Cap: CA$570.0m

Operates as a phosphate and specialty fertilizer company.

Chilanga Cement

Market Cap: K6.1b

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

TSTE

Market Cap: ฿4.5b

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

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

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

Zambia Sugar

Market Cap: K13.3b

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Southern Michigan Bancorp

Market Cap: US$107.5m

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.

Oakworth Capital

Market Cap: US$159.8m

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

Morris State Bancshares

Market Cap: US$260.9m

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

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.

Gulf Insurance Group - Jordan

Market Cap: د.أ96.7m

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

Darwin

Market Cap: €87.6m

Operates as a biotechnology company.

Practic

Market Cap: RON 736.5m

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

Anji Foodstuff

Market Cap: CN¥2.5b

Engages in the research and development, production, and sale of condiments in China and internationally.

Network People Services Technologies

Market Cap: ₹45.7b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Lungyen Life Service

Market Cap: NT$25.1b

Provides funeral facilities and services in Taiwan.

Praise Victor Industrial

Market Cap: NT$9.9b

Designs, produces, and trades in polyurethanes (PU) materials.

Standard Foods

Market Cap: NT$28.9b

Manufactures and sells nutritious foods, edible oil, dairy products, and beverages in Taiwan and internationally.

Sesoda

Market Cap: NT$7.8b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

First Copper Technology

Market Cap: NT$11.8b

Produces and sells copper and copper alloy strips in Taiwan and internationally.

AB Vilkyskiu pienine

Market Cap: €124.2m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Haitian Water GroupLtd

Market Cap: CN¥4.0b

Provides water and environmental protection services in China.

Suzhou Longjie Special Fiber

Market Cap: CN¥3.1b

Engages in the research and development, production, and sale of polyester filaments in China and internationally.

Sinopower Semiconductor

Market Cap: NT$3.6b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Allmed Medical ProductsLtd

Market Cap: CN¥5.8b

Engages in the manufacture and sale of wound care and nursing material products in China.

Hangzhou Biotest BiotechLtd

Market Cap: CN¥4.7b

Engages in the research and development, manufacture, sale, and service of in vitro diagnostic assays and reagents, and instruments in China and internationally.

Beijing Bashi Media

Market Cap: CN¥3.8b

Provides automotive services in China.

Innovana Thinklabs

Market Cap: ₹10.1b

Engages in the software and application development business in India, the United States, and internationally.

Zhejiang Haisen Pharmaceutical

Market Cap: CN¥4.0b

Engages in the research and development, production, and sale of chemical active pharmaceutical ingredient and intermediates in China.

Guangzhou Devotion Thermal Technology

Market Cap: CN¥2.8b

Guangzhou Devotion Thermal Technology Co., Ltd.

National Corporation for Tourism and Hotels

Market Cap: د.إ4.5b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

Sing Investments & Finance

Market Cap: S$293.2m

Provides f financial products and services to individuals and corporations in Singapore.

Huasi Holding

Market Cap: CN¥2.0b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, and Hong Kong.