Global Undiscovered Gems With Strong Fundamentals

Famous Brands

Market Cap: R5.5b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa.

Solesence

Market Cap: US$243.9m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

va-Q-tec

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Affinity Bancshares

Market Cap: US$124.7m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Metalpha Technology Holding

Market Cap: US$142.3m

Provides wealth management services in Hong Kong.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Purple Group

Market Cap: R2.9b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Alumil Aluminium Industry

Market Cap: €167.9m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Linkhome Holdings

Market Cap: US$152.2m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Chilanga Cement

Market Cap: K6.2b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Aesler Grup Internasional

Market Cap: Rp3.0t

Provides architectural and construction management services in Indonesia.

FineMark Holdings

Market Cap: US$491.4m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Darwin

Market Cap: €96.0m

Operates as a biotechnology company.

Hospital Corporation of China

Market Cap: HK$928.2m

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

Alantra Partners

Market Cap: €310.6m

Engages in the investment banking and asset management services in Spain and internationally.

Telekom Networks Malawi

Market Cap: MK 361.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

Valhi

Market Cap: US$466.1m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.3b

Manufactures and sells heavy machinery and equipment.

Rich Sparkle Holdings

Market Cap: US$500.6m

Provides financial printing and corporate services in Hong Kong.

Telematic Interactive Bulgaria EAD

Market Cap: лв289.4m

Offers online betting and gambling services.

Dekpol

Market Cap: zł592.1m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

Freetrailer Group

Market Cap: €727.9m

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

Senstar Technologies

Market Cap: US$104.8m

Provides physical, video, and access control security products and solutions worldwide.

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

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

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺4.8b

Engages in the production and sale of food products in Turkey.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

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

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł870.2m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Lampsa Hellenic Hotels

Market Cap: €854.6m

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

MCH Group

Market Cap: CHF 111.3m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

PINAGO UTAMA

Market Cap: Rp1.9t

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

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺35.9b

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

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺7.5b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.