Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

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

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Nexa Resources AtacochaA

Market Cap: S/1.4b

Operates as a mining company worldwide.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Inverfal PerúA

Market Cap: S/1.5b

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

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Freetrailer Group

Market Cap: €834.9m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

HG Metal Manufacturing

Market Cap: S$170.3m

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

Wison Engineering Services

Market Cap: HK$1.6b

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

Quality Reliability Technology

Market Cap: ₩218.5b

Provides semiconductor reliability evaluation and defect analysis services in South Korea and internationally.

Lippo Cikarang

Market Cap: Rp4.1t

Develops real estate and industrial estate projects in Indonesia.

Marusan Securities

Market Cap: JP¥71.2b

Engages in the financial products trading business in Japan.

Santa Phoenix Technology

Market Cap: NT$4.1b

Designs and manufactures semiconductors in Taiwan.

Luxchem Corporation Berhad

Market Cap: RM 406.2m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Hollyland (China) Electronics Technology

Market Cap: CN¥3.5b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.

ASIX Electronics

Market Cap: NT$6.1b

An IC design company, engages in the research, development, manufacture, and sale of chips in Taiwan, China, and internationally.

Thai Steel Cable

Market Cap: ฿3.7b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Mulpha International Bhd

Market Cap: RM 900.2m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Grade Upon Technology

Market Cap: NT$20.5b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.

Lucky Cement

Market Cap: NT$6.1b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

OUG Holdings

Market Cap: JP¥21.8b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Apacer Technology

Market Cap: NT$13.6b

Researches, designs, develops, manufactures, processes, maintains, and sells memory modules and storage memory devices in Hong Kong, Taiwan, Mainland China, the Americas, Japan, and internationally.

DAM Capital Advisors

Market Cap: ₹12.5b

Provides investment banking services.

Saint-Gobain Sekurit India

Market Cap: ₹9.4b

Manufactures and sells laminated and tempered automotive glass in India.

Creative & Innovative System

Market Cap: ₩1.0t

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Shindaeyang Paper

Market Cap: ₩358.1b

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

Asian Terminals

Market Cap: ₱68.6b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Enviro Infra Engineers

Market Cap: ₹32.1b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Tianjin Lisheng PharmaceuticalLtd

Market Cap: CN¥5.6b

Engages in the research and development, production, and sale of pharmaceutical products in China and internationally.

Anji Foodstuff

Market Cap: CN¥4.6b

Engages in the research and development, production, and sale of seasonings in China and internationally.

Nextronics Engineering

Market Cap: NT$4.8b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Yashima Denki

Market Cap: JP¥73.0b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.