Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of wheat flour in Thailand.

SALUS Ljubljana d. d

Market Cap: €401.1m

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

Era Media Sejahtera

Market Cap: Rp2.8t

Operates as an advertising media company in Indonesia.

Jadranski naftovod d.d

Market Cap: €806.1m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ78.0m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Shangri-La Hotel

Market Cap: ฿5.4b

Operates hotels in Bangkok and Chiang Mai provinces.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Jamuna Bank

Market Cap: ৳19.8b

Provides various banking products and services in Bangladesh.

Kuwait Insurance CompanyK.P

Market Cap: د.ك109.0m

Provides various insurance products and services in Kuwait.

Padma Oil

Market Cap: ৳16.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Procimmo Group

Market Cap: CHF 364.9m

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

Taiyo KagakuLtd

Market Cap: JP¥39.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Sakar Healthcare

Market Cap: ₹9.3b

Research, develops, manufactures, and sells pharmaceutical products in India.

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.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Hind Rectifiers

Market Cap: ₹25.1b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

Enviro Infra Engineers

Market Cap: ₹36.2b

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.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك30.7m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك192.3m

Engages in insurance and reinsurance operations in Kuwait.

Hearts and Minds Investments

Market Cap: AU$725.9m

n/a

Freetrailer Group

Market Cap: €724.4m

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

KP Green Engineering

Market Cap: ₹21.4b

Engages in engineering and manufacture of steel structure in India.

Mamata Machinery

Market Cap: ₹10.3b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.9t

Manages and operates container terminals in Indonesia and internationally.

Bank Ganesha

Market Cap: Rp2.9t

Provides various general banking products and services for individuals and businesses in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

PBA Holdings Bhd

Market Cap: RM 622.3m

An investment holding company, operates as a water supplier in Malaysia.

PC Jeweller

Market Cap: ₹76.6b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Saatvik Green Energy

Market Cap: ₹46.8b

Manufactures and sells solar photovoltaic modules in India and internationally.

Te Chang Construction

Market Cap: NT$7.5b

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

VICOM

Market Cap: S$563.8m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

BLS E-Services

Market Cap: ₹19.7b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

DAM Capital Advisors

Market Cap: ₹15.1b

Provides investment banking services.

SML Mahindra

Market Cap: ₹54.7b

Manufactures and sells commercial vehicles and related parts in India and internationally.