Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

ManpowerGroup Greater China

Market Cap: HK$1.1b

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

Jamuna Bank

Market Cap: ৳16.5b

Provides various banking products and services in Bangladesh.

Cahaya Aero Services

Market Cap: Rp4.3t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Mechema Chemicals International

Market Cap: NT$5.9b

Manufactures, imports, exports, and sells of cobalt and manganese and its compounds in Taiwan, China, Korea, Thailand, Malaysia, Indonesia, and internationally.

Taiyo KagakuLtd

Market Cap: JP¥32.4b

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

Bakrie & Brothers

Market Cap: Rp4.7t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

Monolithisch India

Market Cap: ₹9.1b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp17.4t

Manufactures and sells writing and printing paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Citra Tubindo

Market Cap: Rp6.5t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Gulf Insurance Group - Jordan

Market Cap: د.أ91.0m

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

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥10.2b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Eclatorq Technology

Market Cap: NT$3.1b

Manufactures and sells hand tools in Taiwan.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Rimoni Industries

Market Cap: ₪470.0m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Jadranski naftovod d.d

Market Cap: €811.2m

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

FRMO

Market Cap: US$396.6m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.2b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

NSIA Banque Société Anonyme

Market Cap: XOF 244.9b

Provides various banking products and services.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €429.7m

Operates as a cooperative bank in France.

NICO Holdings

Market Cap: MK 1.0t

Engages in general insurance, life assurance, pension administration, banking, corporate finance advisory, asset management, information technology (IT) businesses in in Malawi, Zambia, Uganda, and Mozambique.

Rich Sparkle Holdings

Market Cap: US$137.3m

Provides financial printing and corporate services in Hong Kong.

FineMark Holdings

Market Cap: US$526.3m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Solesence

Market Cap: US$294.4m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €96.6m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 71.3b

Processes heavy bitumen crude in Africa.

Viohalco

Market Cap: €1.6b

Through its subsidiaries, manufactures, and sells aluminium, copper, cables, and steel and steel pipe products.

Itafos

Market Cap: CA$568.1m

Operates as a phosphate and specialty fertilizer company.

Valhi

Market Cap: US$498.0m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

ANSA Merchant Bank

Market Cap: TT$3.3b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Deutsche Balaton

Market Cap: €195.3m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

Oakworth Capital

Market Cap: US$159.8m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Decora

Market Cap: zł784.7m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

Senstar Technologies

Market Cap: US$101.0m

Provides physical, video, and access control security products and solutions worldwide.

Metalpha Technology Holding

Market Cap: US$138.2m

Provides wealth management services in Hong Kong.