Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Gulf Insurance Group - Jordan

Market Cap: د.أ83.2m

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

Jamuna Bank

Market Cap: ৳19.6b

Provides various banking products and services in Bangladesh.

Aesler Grup Internasional

Market Cap: Rp4.1t

Provides architectural and construction management services in Indonesia.

Cairo Amman Bank

Market Cap: د.أ306.0m

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

Wison Engineering Services

Market Cap: HK$1.5b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Padma Oil

Market Cap: ৳18.7b

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

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

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

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Viviana Power Tech

Market Cap: ₹9.6b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Taiyo KagakuLtd

Market Cap: JP¥38.1b

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

Yibin City Commercial Bank

Market Cap: HK$11.9b

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

Hospital Corporation of China

Market Cap: HK$802.6m

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

Rrp Semiconductor

Market Cap: ₹158.9b

Trades in electronic parts in India.

Citra Tubindo

Market Cap: Rp3.9t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Performance Technologies

Market Cap: €104.8m

Provides IT solutions in Greece.

First Investment Bank AD

Market Cap: лв769.3m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Transnational Corporation of Nigeria

Market Cap: ₦447.1b

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

Payton Industries

Market Cap: ₪520.6m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Chilanga Cement

Market Cap: K8.0b

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

Jadranski naftovod d.d

Market Cap: €846.4m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

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

Sopharma AD

Market Cap: лв1.4b

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م37.1b

Produces and sells fertilizers.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

FineMark Holdings

Market Cap: US$452.1m

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

FRMO

Market Cap: US$367.1m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Master Drilling Group

Market Cap: R2.4b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م22.5b

Provides various banking products and services in Egypt.

Rimoni Industries

Market Cap: ₪411.9m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

va-Q-tec

Market Cap: €392.2m

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

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م22.5b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Transcorp Power

Market Cap: ₦2.6t

Engages in the generation and sale of electric power in Nigeria and internationally.