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.

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.

Timex Group India

Market Cap: ₹17.5b

Engages in the designing, manufacturing, and trading of watches in India and internationally.

MMTC

Market Cap: ₹80.7b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

DAM Capital Advisors

Market Cap: ₹15.6b

Provides investment banking services.

Mendelson Infrastructures & Industries

Market Cap: ₪596.7m

Mendelson Infrastructures & Industries Ltd.

Force Motors

Market Cap: ₹114.5b

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

Polyram Plastic Industries

Market Cap: ₪1.0b

Manufactures and supplies thermoplastic compounds in Israel and internationally.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, markets, promotes, and sells pharmaceutical products and medical devices primarily in the People’s Republic of China.

C. Mer Industries

Market Cap: ₪501.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Malam - Team

Market Cap: ₪1.6b

Provides information technology services in Israel.

Macpower CNC Machines

Market Cap: ₹8.8b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

Lotus Chocolate

Market Cap: ₹14.2b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

Fengyinhe Holdings

Market Cap: HK$882.0m

An investment holding company, provides various financial services to real estate industry in the People’s Republic of China.

Amir Marketing and Investments in Agriculture

Market Cap: ₪408.4m

Supplies and markets agricultural inputs in Israel.

Natural Food International Holding

Market Cap: HK$1.3b

An investment holding company, engages in the processing and sale of natural health food products in China.

Hind Rectifiers

Market Cap: ₹16.9b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Y.D. More Investments

Market Cap: ₪1.1b

A privately owned Investment Manager.

COSCO SHIPPING International (Hong Kong)

Market Cap: HK$6.4b

An investment holding company, provides shipping services in the People’s Republic of China and internationally.

Hayleys

Market Cap: LK₨101.1b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Linde Bangladesh

Market Cap: ৳13.8b

Manufactures and supplies industrial and medical gases, welding products and equipment, and ancillary equipment in Bangladesh.

Indo Tech Transformers

Market Cap: ₹24.3b

Manufactures and distributes transformers in India and internationally.

Monarch Networth Capital

Market Cap: ₹25.7b

Provides financial services to high net worth individuals, institutional and foreign investors, financial institutions, and corporate clients in India.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Sun

Market Cap: MU₨6.2b

Operates in the tourism sector.

S.A.S. Dragon Holdings

Market Cap: HK$2.5b

An investment holding company, distributes electronic components and semiconductor products in Hong Kong, Mainland China, Taiwan, the United States of America, Vietnam, Singapore, Macao, and internationally.

Kalyani Investment

Market Cap: ₹20.2b

A non-deposit taking core investment company, engages in making investments in group companies in India.

Rir Power Electronics

Market Cap: ₹17.8b

Engages in the manufacture and sale of power semiconductor devices and high-power equipment in India.

Network People Services Technologies

Market Cap: ₹44.5b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Nibe

Market Cap: ₹20.0b

Engages in the fabrication and machining of components business in India and internationally.

Sparta

Market Cap: €88.7m

A publicly owned investment manager.

Chilanga Cement

Market Cap: K5.6b

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

Practic

Market Cap: RON 567.2m

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

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

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.