Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Alantra Partners

Market Cap: €347.7m

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

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺8.1b

Operates in the tourism, construction, and energy sectors in Turkey.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €92.8m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Famous Brands

Market Cap: R5.8b

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.

Mendelson Infrastructures & Industries

Market Cap: ₪580.8m

Engages in the supply of conduction and flow products in Israel.

Grendene

Market Cap: R$4.5b

Engages in the development, production, distribution, and sale of plastic footwear for women, men, and children in Brazil and internationally.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 85.8b

Processes heavy bitumen crude in Africa.

Itafos

Market Cap: CA$552.7m

Operates as a phosphate and specialty fertilizer company.

Purple Group

Market Cap: R3.1b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Master Drilling Group

Market Cap: R2.6b

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.

Acsion

Market Cap: R3.6b

Engages in property holding and development activities in South Africa and internationally.

SALUS Ljubljana d. d

Market Cap: €460.3m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

AB Akola Group

Market Cap: €304.8m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Smart Organic AD

Market Cap: €191.7m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

First Investment Bank AD

Market Cap: €548.6m

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

Cyprus Cement

Market Cap: €186.5m

Engages in the production and sale of cement and related businesses in Cyprus.

Chilanga Cement

Market Cap: K17.0b

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

Epsilon Energy

Market Cap: US$149.2m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Envirotainer

Market Cap: €398.1m

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

First Northern Community Bancorp

Market Cap: US$212.8m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Telekom Networks Malawi

Market Cap: MK 353.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

Sound Financial Bancorp

Market Cap: US$112.0m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺6.5b

Operates as an asset management company in Turkey.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

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

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Arendals Fossekompani

Market Cap: NOK 8.5b

An industrial investment company, provides cyber secure satellite and mobile communications in Norway, Europe, Asia, and North America.

Amir Marketing and Investments in Agriculture

Market Cap: ₪476.0m

Through its subsidiaries supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪592.1m

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

Analyst I.M.S. Investment Management Services

Market Cap: ₪2.0b

A publicly owned investment manager.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft53.1b

Manufactures and sells vehicle components in Hungary, Germany, rest of Europe, the United States, Asia, and Australia.