Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Hangzhou Hirisun Technology

Market Cap: CN¥5.0b

Engages in power information system integration business in China.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Ibrahim Fibres

Market Cap: PK₨83.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

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.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$30.3b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Taiyo KagakuLtd

Market Cap: JP¥38.5b

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

Viviana Power Tech

Market Cap: ₹9.2b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Padma Oil

Market Cap: ৳18.5b

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

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Hospital Corporation of China

Market Cap: HK$802.6m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Cairo Amman Bank

Market Cap: د.أ318.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

National General Insurance (P.J.S.C.)

Market Cap: د.إ986.4m

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ724.5m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Jamuna Bank

Market Cap: ৳19.5b

Provides various banking products and services in Bangladesh.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م36.2b

Produces and sells fertilizers.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Rrp Semiconductor

Market Cap: ₹158.9b

Trades in electronic parts in India.

MCH Group

Market Cap: CHF 102.0m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

ANSA Merchant Bank

Market Cap: TT$2.7b

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

Rotshtein Realestate

Market Cap: ₪1.5b

Develops and executes residential projects in Israel.

KABE Group AB (publ.)

Market Cap: SEK 2.0b

Engages in the construction and sale of caravans and motorhomes and camping accessories in Sweden, the United Kingdom, Poland, and Europe.

Standard Bank

Market Cap: MK 1.2t

Provides banking and other related services in Malawi.

Payton Industries

Market Cap: ₪529.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Transcorp Power

Market Cap: ₦2.3t

Engages in the generation and sale of electric power in Nigeria and internationally.

Amir Marketing and Investments in Agriculture

Market Cap: ₪436.1m

Supplies and markets agricultural inputs in Israel.

va-Q-tec

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Alantra Partners

Market Cap: €310.6m

Engages in the investment banking and asset management services in Spain and internationally.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €87.3m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

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