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.

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

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

C&D Property Management Group

Market Cap: HK$4.1b

An investment holding company, provides property management services for residential and non-residential properties in the People’s Republic of China.

Sopharma AD

Market Cap: €977.5m

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

Etihad GO Telecom

Market Cap: ر.س3.2b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

MOBI Industry

Market Cap: ر.س484.5m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Fidelity Life Assurance of Zimbabwe

Market Cap: US$62.4m

Provides life and funeral assurance, asset management, actuarial consultancy and micro-financing services in Zimbabwe and Malawi.

Affinity Bancshares

Market Cap: US$137.1m

Operates as the holding company for Affinity Bank, National Association that provides various banking products and services in the United States.

Winchester Bancorp

Market Cap: US$117.9m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Anbio Biotechnology

Market Cap: US$1.4b

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, and internationally.

TSTE

Market Cap: ฿4.0b

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

Yunnan Jinxun Resources

Market Cap: HK$3.3b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

NSIA Banque Société Anonyme

Market Cap: XOF 445.2b

Provides various banking products and services.

A3 Mercados

Market Cap: AR$801.1b

Operates as a market for negotiable securities in Argentina and internationally.

Bank of the James Financial Group

Market Cap: US$103.4m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 100.5b

Processes heavy bitumen crude in Africa.

First Northern Community Bancorp

Market Cap: US$286.0m

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.

Wison Engineering Services

Market Cap: HK$2.2b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 624.6b

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

ASA Gold and Precious Metals

Market Cap: US$1.1b

A publicly owned investment manager.

Jordanian Duty Free Shops

Market Cap: د.أ136.8m

Invests in, operates, and manages duty-free shops.

Southern Michigan Bancorp

Market Cap: US$139.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and government agencies primarily in the southwest and south-central Michigan communities.

Union Bankshares

Market Cap: US$109.8m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

RÁBA Jármuipari Holding Nyrt

Market Cap: Ft32.0b

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

Tchaikapharma High Quality Medicines AD

Market Cap: €882.3m

Develops, manufactures, and sells medicines in Bulgaria.

Tri-County Financial Group

Market Cap: US$145.5m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Chilanga Cement

Market Cap: K13.3b

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

Security Federal

Market Cap: US$114.4m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Abadi Nusantara Hijau Investama

Market Cap: Rp10.0t

Provides flexible packaging products for digital printing industry in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp3.1t

Manufactures and sells porcelain former products in Indonesia and internationally.

Banyan Tree Holdings

Market Cap: S$520.6m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

HG Metal Manufacturing

Market Cap: S$151.1m

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

National Cleaning Company K.P.S.C

Market Cap: د.ك66.4m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.