Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

First Investment Bank AD

Market Cap: лв790.1m

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

Y.D. More Investments

Market Cap: ₪3.0b

A privately owned Investment Manager.

Mendelson Infrastructures & Industries

Market Cap: ₪565.8m

Mendelson Infrastructures & Industries Ltd.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Central Cooperative Bank AD

Market Cap: лв218.7m

A commercial bank, provides various financial products and services.

Transnational Corporation of Nigeria

Market Cap: ₦468.5b

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

Sopharma AD

Market Cap: лв1.4b

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

Capricorn Group

Market Cap: R11.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

La Forestière Equatoriale

Market Cap: €102.5m

Does not have any significant operations.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 78.7b

Processes heavy bitumen crude in Africa.

Jadranski naftovod d.d

Market Cap: €806.1m

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

ANSA Merchant Bank

Market Cap: TT$3.2b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

C. Mer Industries

Market Cap: ₪410.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

GlaxoSmithKlineE

Market Cap: ج.م5.5b

Engages in production of pharmaceutical chemicals.

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.

Elron Ventures

Market Cap: US$125.8m

A venture capital firm specializing in early stage and seed investment.

Sparta

Market Cap: €106.8m

A publicly owned investment manager.

Transcorp Power

Market Cap: ₦2.4t

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

Rimoni Industries

Market Cap: ₪427.2m

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.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Eurofins-Cerep

Market Cap: €91.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Senstar Technologies

Market Cap: US$106.6m

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

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م26.3b

Produces and sells fertilizers.

Amir Marketing and Investments in Agriculture

Market Cap: ₪424.9m

Supplies and markets agricultural inputs in Israel.

NSIA Banque Société Anonyme

Market Cap: XOF 252.3b

Provides various banking products and services.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.5b

A publicly owned investment manager.

Rotshtein Realestate

Market Cap: ₪1.5b

Develops and constructs residential projects in Israel.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 306.2b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

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

Market Cap: ج.م17.7b

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.

Chilanga Cement

Market Cap: K6.0b

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

Payton Industries

Market Cap: ₪464.6m

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.

Terminal X Online

Market Cap: ₪733.7m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

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