Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Dutch-Bangla Bank

Market Cap: ৳39.6b

Provides various commercial banking products and services to corporate, retail, and institutional customers in Bangladesh.

Chinyang Holdings

Market Cap: ₩193.6b

Through its subsidiaries, engages in the manufacture and sale of synthetic resin, and automotive part products.

Pizu Group Holdings

Market Cap: HK$6.5b

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

China Bohai Bank

Market Cap: HK$15.1b

Provides financial service solutions to enterprises and public institutions in the People’s Republic of China.

ManpowerGroup Greater China

Market Cap: HK$1.1b

An investment holding company, provides workforce solutions and other human resource services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Te Chang Construction

Market Cap: NT$8.2b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

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

Market Cap: ج.م58.2b

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

Padma Oil

Market Cap: ৳17.4b

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

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

Market Cap: ج.م25.6b

Provides various banking products and services in Egypt.

Orient Pharma

Market Cap: NT$5.4b

Engages in the development of new drugs in Taiwan and internationally.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$32.1b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Mechema Chemicals International

Market Cap: NT$6.8b

Manufactures, imports, exports, and trades cobalt acetate, manganese acetate, cobalt compounds, and manganese compounds, as well as engages in the trading, import, and export of cobalt metal and manganese metal in Taiwan, China, South Korea, Thailand, Malaysia, Indonesia, Japan, and internationally.

ITCENGLOBAL

Market Cap: ₩1.2t

Engages in the provision of consulting, ICT, and outsourcing services and solutions in South Korea.

Saudi Chemical Holding

Market Cap: ر.س7.1b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Zahrat Al Waha For Trading

Market Cap: ر.س567.0m

Engages in the manufacturing and sale of PET preforms and HDPE closure in the Kingdom of Saudi Arabia.

Liburnia Riviera Hoteli d.d

Market Cap: €146.5m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Global Tax Free

Market Cap: ₩338.0b

Operates as tax refund company for foreign tourists in South Korea, Singapore, Japan, and France.

Nigerian Aviation Handling

Market Cap: ₦449.7b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Alantra Partners

Market Cap: €384.5m

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

Envirotainer

Market Cap: €395.1m

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

Pasifik Eurasia Lojistik Dis Ticaret

Market Cap: ₺73.4b

Pasifik Eurasia Lojistik Dis Ticaret A.S.

First Investment Bank AD

Market Cap: €497.9m

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

Big Medya Teknoloji Anonim Sirketi

Market Cap: ₺7.5b

Operates as a media and technology company in Turkey.

NameSilo Technologies

Market Cap: US$106.2m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

Marítima de Inversiones

Market Cap: CL$277.9b

Maritima de Inversiones SA is a publicly owned investment manager.

Ubiquoss Holdings

Market Cap: ₩236.5b

Manufactures and sells wired Internet data transmission equipment, such as Ethernet switch, FTTH (fiber-to-the-home) solutions, and VDSL2 equipment.

Procimmo Group

Market Cap: CHF 436.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Laien Parts Technology

Market Cap: NT$11.3b

Engages in the design, processing, engineering, management, and sales of industrial piping and semiconductor equipment-related components in Taiwan and the United States.

National Credit and Commerce Bank

Market Cap: ৳16.9b

Provides various commercial banking products and services in Bangladesh.

Deep Source Holdings

Market Cap: HK$10.5b

An investment holding company, engages in the processing, distribution, and trading of bulk commodities and related products in the People’s Republic of China, Hong Kong, and Singapore.

YuanShengTai Dairy Farm

Market Cap: HK$1.4b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.