Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Productive Business Solutions

Market Cap: US$160.0m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Nexa Resources AtacochaA

Market Cap: S/1.5b

Operates as a mining company worldwide.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Practic

Market Cap: RON 950.3m

Engages in the lease and sublease of real estate properties in Romania.

Procimmo Group

Market Cap: CHF 369.4m

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

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Inverfal PerúA

Market Cap: S/1.5b

Engages in investing in fixed or variable income securities in Peru.

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

Wema Bank

Market Cap: ₦938.8b

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

Cresco

Market Cap: JP¥67.6b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

PAN Group

Market Cap: ₫6.2t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Piccadily Agro Industries

Market Cap: ₹56.9b

Manufactures and develops alcoholic beverages in India.

Korea Ratings

Market Cap: ₩432.3b

Provides credit rating and business valuation services in South Korea.

Advanced International Multitech

Market Cap: NT$10.9b

Advanced International Multitech Co., Ltd.

Cisadane Sawit Raya

Market Cap: Rp2.0t

Engages in the oil palm plantation business in Indonesia and internationally.

Lumax International

Market Cap: NT$11.5b

Trades in electronic components and process control instruments in Taiwan, China, and internationally.

China Post Technology

Market Cap: CN¥8.7b

Engages in the research and development, design, production, sale, and related servicing of intelligent logistics systems in China.

Jiangyin Haida Rubber And Plastic

Market Cap: CN¥6.2b

Jiangyin Haida Rubber And Plastic Co., Ltd.

CHANGE HoldingsInc

Market Cap: JP¥73.1b

Engages in the digital transformation (DX) business in Japan.

Shindaeyang Paper

Market Cap: ₩349.3b

Engages in the production and sale of corrugated cardboard base paper.

Transnational Corporation of Nigeria

Market Cap: ₦466.4b

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

Bank MNC Internasional

Market Cap: Rp2.6t

Provides various banking products and services in Indonesia.

Palasino Holdings

Market Cap: HK$1.8b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

An Phat Bioplastics

Market Cap: ₫3.1t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Top Union Electronics

Market Cap: NT$4.5b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Monolithisch India

Market Cap: ₹10.5b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

HG Metal Manufacturing

Market Cap: S$177.2m

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

Lippo Cikarang

Market Cap: Rp4.3t

Develops real estate and industrial estate projects in Indonesia.

Ajman Bank PJSC

Market Cap: د.إ4.0b

Provides various banking products and services for individuals, businesses, and government institutions in the United Arab Emirates.

Jadranski naftovod d.d

Market Cap: €780.9m

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

Te Chang Construction

Market Cap: NT$7.6b

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

YagiLtd

Market Cap: JP¥28.4b

Together its subsidiaries, operates as a fiber trading company in Japan.

Soliton Systems K.K

Market Cap: JP¥36.2b

A technology company, provides IT security-related and embedded systems in Japan and internationally.