Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Maistra d.d

Market Cap: €505.6m

Engages in the hotel business in Croatia.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

First IC

Market Cap: US$156.4m

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

SALUS Ljubljana d. d

Market Cap: €242.4m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Central Cooperative Bank AD

Market Cap: лв199.6m

A commercial bank, provides various financial products and services.

Central Forest Group

Market Cap: JP¥22.1b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Capricorn Group

Market Cap: R10.8b

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

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Jadranski naftovod d.d

Market Cap: €775.9m

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

Zambia Sugar

Market Cap: K12.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

HeXun Biosciences

Market Cap: NT$3.4b

Engages in the research and development of stem cell and treatments in Taiwan.

Force Motors

Market Cap: ₹119.9b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

PBA Holdings Bhd

Market Cap: RM 652.1m

An investment holding company, operates as a water supplier in the state of Penang, Malaysia.

Shipping Corporation of India

Market Cap: ₹82.2b

A marginal liner shipping company, engages in business of transporting goods in India.

Amanat Holdings PJSC

Market Cap: د.إ2.7b

Engages in the investment in companies and enterprises in the fields of education and healthcare in the United Arab Emirates and internationally.

Wooyang HC

Market Cap: ₩271.1b

Engages in the production and sale of equipment for use in petrochemical, power, and fine chemical plants.

ManpowerGroup Greater China

Market Cap: HK$898.5m

An investment holding company, provides workforce solutions and services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial service company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك171.9m

Engages in insurance and reinsurance operations in Kuwait.

Sure Global Tech

Market Cap: ر.س628.8m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Raymond

Market Cap: ₹104.9b

Engages in the real estate and engineering businesses in India.

Pro-Hawk

Market Cap: NT$5.3b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts worldwide.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك37.2m

Engages in real estate development and investment activities in Kuwait and Other GCC countries.

Wison Engineering Services

Market Cap: HK$1.0b

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

CHT Security

Market Cap: NT$10.6b

Provides cybersecurity services.

Orient Pharma

Market Cap: NT$6.7b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

MOBI Industry

Market Cap: ر.س684.0m

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

Sugar Terminals

Market Cap: AU$360.0m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Ampire

Market Cap: NT$3.4b

Manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe.