Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Najran Cement

Market Cap: ر.س1.2b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Namibia Breweries

Market Cap: R6.0b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Alantra Partners

Market Cap: €328.0m

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

Itafos

Market Cap: CA$641.5m

Operates as a phosphate and specialty fertilizer company.

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

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

Soma Gold

Market Cap: CA$151.3m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Kuwait Insurance CompanyK.P

Market Cap: د.ك106.4m

Provides various insurance products and services in Kuwait.

Sure Global Tech

Market Cap: ر.س450.9m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

MOBI Industry

Market Cap: ر.س636.0m

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

Padma Oil

Market Cap: ৳19.2b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

National Credit and Commerce Bank

Market Cap: ৳12.3b

Provides various commercial banking products and services in Bangladesh.

National Investments Company K.S.C.P

Market Cap: د.ك271.0m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك190.9m

Engages in insurance and reinsurance operations in Kuwait.

Jordanian Duty Free Shops

Market Cap: د.أ147.4m

Invests in, operates, and manages duty-free shops.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك47.3m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك32.6m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Gulf Insurance Group - Jordan

Market Cap: د.أ84.5m

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

Cairo Amman Bank

Market Cap: د.أ286.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك82.8m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك400.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Qassim Cement

Market Cap: ر.س4.6b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Asian Terminals

Market Cap: ₱62.2b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

SBS Philippines

Market Cap: ₱7.0b

Engages in chemical trading and distribution in the Philippines.

Baazeem Trading

Market Cap: ر.س701.7m

Operates as a FMCG distribution company.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.7b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

TSTE

Market Cap: ฿4.1b

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

Famous Brands

Market Cap: R5.4b

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.

Affinity Bancshares

Market Cap: US$116.1m

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

Metalpha Technology Holding

Market Cap: US$115.3m

Provides wealth management services in Hong Kong.