Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Etihad GO Telecom

Market Cap: ر.س3.2b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Saudi Chemical Holding

Market Cap: ر.س6.8b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

MOBI Industry

Market Cap: ر.س545.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Procimmo Group

Market Cap: CHF 432.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

First Northern Community Bancorp

Market Cap: US$254.3m

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.

AB Akola Group

Market Cap: €284.9m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Canal Shipping Agencies

Market Cap: ج.م9.2b

Provides various shipping services to the international commercial fleet in Egypt.

Transnational

Market Cap: ₦478.6b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Tait Marketing & Distribution

Market Cap: NT$3.6b

Engages in the marketing, agency, and distribution of various foods, beverages, liquors, and supplies in Taiwan.

Shahjalal Islami Bank

Market Cap: ৳19.4b

Provides commercial banking products and services in Bangladesh.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س574.1m

Operates as a FMCG distribution company.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

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

Fauji Foods

Market Cap: PK₨45.4b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Southeast Asia Commercial Bank

Market Cap: ₫47.4t

Provides retail and corporate banking products and services in Vietnam.

PAN Group

Market Cap: ₫6.6t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

AMCIL

Market Cap: AU$293.8m

Amcil Limited is a publicly owned investment manager.

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Corporación Financiera Colombiana

Market Cap: Col$5.9t

Operates as a private financial institution in Columbia and Central America.

Nestlé Pakistan

Market Cap: PK₨341.0b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

AIICO Insurance

Market Cap: ₦152.3b

Provides risk underwriting and related financial services in Nigeria.

Wema Bank

Market Cap: ₦1.3t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Britam Holdings

Market Cap: KSh31.3b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Taiyo KagakuLtd

Market Cap: JP¥44.6b

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

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Tien Phong Plastic

Market Cap: ₫10.1t

Manufactures and trades in plastic pipes and fittings for civil and industrial use in Vietnam.

Tibet Development

Market Cap: CN¥2.7b

Engages in the production and sale of beer in China.

Viking Line Abp

Market Cap: €357.7m

Provides passenger and cargo carrier services.

ASA Gold and Precious Metals

Market Cap: US$1.3b

A publicly owned investment manager.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺30.8b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

ABG Sundal Collier Holding

Market Cap: NOK 3.7b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Audioboom Group

Market Cap: UK£113.3m

A podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States.