Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Canal Shipping Agencies

Market Cap: ج.م8.7b

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

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Industrias del Cobre Sociedad Anónima

Market Cap: S/857.5m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Wema Bank

Market Cap: ₦1.1t

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

Shenzhen Zhongheng Huafa

Market Cap: CN¥3.5b

Produces and sells injection molded parts, foam parts, and liquid crystal display monitors.

Akatsuki

Market Cap: JP¥20.6b

Engages in the real estate and securities businesses in Japan.

Creative & Innovative System

Market Cap: ₩983.0b

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Araya Industrial

Market Cap: JP¥21.3b

Manufactures and sells steel products in Japan and internationally.

Chuo WarehouseLtd

Market Cap: JP¥33.3b

Provides various logistics services in Japan and internationally.

Pizu Group Holdings

Market Cap: HK$5.5b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Suzhou Highfine Biotech

Market Cap: CN¥5.3b

Manufactures and sells chemicals for pharmaceutical research and development, and API production companies in China.

GDEP ADVANCEInc

Market Cap: JP¥16.4b

Engages in the system incubation business in Japan.

Kuo Yang Construction

Market Cap: NT$7.3b

Engages in the construction of public housing projects in Taiwan.

DYPNFLtd

Market Cap: ₩151.1b

Designs, manufactures, installs, and tests operation of powder conveying systems in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Hoshi Iryo-Sanki

Market Cap: JP¥17.9b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Torigoe

Market Cap: JP¥25.7b

Manufactures and sells flours and related products in Japan.

Nestlé Pakistan

Market Cap: PK₨349.2b

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

Anhui Tongfeng Electronics

Market Cap: CN¥5.4b

Engages in the research and development, production, and sales of thin films, film capacitors and related electronic components in the People’s Republic of China.

Namuga

Market Cap: ₩249.7b

Designs, produces, and sells cameras and 3D sensing modules in Korea and internationally.

Marusan Securities

Market Cap: JP¥71.2b

Engages in the financial products trading business in Japan.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥6.3b

Engages in the production and sale of edible sugar, beverages, and other food products in China and internationally.

Speed Tech

Market Cap: NT$6.0b

Designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries in Taiwan and internationally.

Macnica Galaxy

Market Cap: NT$6.6b

Together with its subisidaries, engages in the agency trading and technical service of semiconductor electronic components in Taiwan, rest of Asia, and internationally.

Abans Financial Services

Market Cap: ₹10.2b

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

Sakar Healthcare

Market Cap: ₹11.9b

Research, develops, manufactures, and sells pharmaceutical products in India.

Fauji Foods

Market Cap: PK₨39.0b

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

HG Metal Manufacturing

Market Cap: S$166.2m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Suzhou Chunqiu Electronic Technology

Market Cap: CN¥6.1b

Suzhou Chunqiu Electronic Technology Co., Ltd.

Shandong Sinoglory Health Food

Market Cap: CN¥2.4b

Manufactures soy proteins in China.

Otec

Market Cap: JP¥37.3b

Trades pipework equipment in Japan.

Tait Marketing & Distribution

Market Cap: NT$3.7b

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

Bank Ganesha

Market Cap: Rp2.9t

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