Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Southern Michigan Bancorp

Market Cap: US$115.6m

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.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

TSTE

Market Cap: ฿4.2b

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

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

Market Cap: د.إ1.0b

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

PBA Holdings Bhd

Market Cap: RM 642.1m

An investment holding company, operates as a water supplier in Malaysia.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

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

Freetrailer Group

Market Cap: €695.9m

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

Central Finance

Market Cap: LK₨64.0b

Provides various financial solutions primarily in Sri Lanka.

Concord Enviro Systems

Market Cap: ₹10.7b

Engages in providing water and wastewater treatment, and reuse solutions.

Sun

Market Cap: MU₨7.4b

Operates in the tourism sector.

Hayleys

Market Cap: LK₨129.6b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Aeroflex Industries

Market Cap: ₹23.2b

Manufactures and sells stainless steel flexible hose and assemblies in India.

Sky Gold and Diamonds

Market Cap: ₹43.6b

Designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India.

Shipping Corporation of India

Market Cap: ₹100.1b

A marginal liner shipping company, engages in the business of transporting goods in India.

Network People Services Technologies

Market Cap: ₹40.9b

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

Knowledge Marine & Engineering Works

Market Cap: ₹25.0b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Tai Sin Electric

Market Cap: S$250.8m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Top Union Electronics

Market Cap: NT$4.7b

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

Avantel

Market Cap: ₹46.8b

Designs, develops, manufactures and sells wireless communication products in India.

Bank Ganesha

Market Cap: Rp2.6t

Provides various general banking products and services for individuals and businesses in Indonesia.

Rrp Semiconductor

Market Cap: ₹81.6b

Trades in electronic parts in India.

Monarch Networth Capital

Market Cap: ₹26.3b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Wealth First Portfolio Managers

Market Cap: ₹13.5b

Provides share and stock broking services in India.

Saint-Gobain Sekurit India

Market Cap: ₹10.6b

Manufactures and sells laminated and tempered automotive glass in India.

Maharashtra Seamless

Market Cap: ₹85.8b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Hind Rectifiers

Market Cap: ₹28.6b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India 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.

Abans Financial Services

Market Cap: ₹11.1b

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

Li Ming Development Construction

Market Cap: NT$4.3b

Li Ming Development Construction Co., Ltd.

Innovana Thinklabs

Market Cap: ₹10.8b

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

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.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹81.6b

Produces and sells fertilizers and chemicals in India.

Nestlé Pakistan

Market Cap: PK₨379.6b

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