Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Pizu Group Holdings

Market Cap: HK$6.4b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Shipping Corporation of India

Market Cap: ₹143.5b

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

Monolithisch India

Market Cap: ₹10.7b

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

Ramco Industries

Market Cap: ₹23.2b

Engages in the building products, textiles, and power generation businesses in India.

Oxford Bank

Market Cap: US$105.1m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Saha-Union

Market Cap: ฿7.9b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Tien Phong Plastic

Market Cap: ₫10.0t

Manufactures and trades in plastic pipes and fittings for civil and industrial use in Vietnam.

Saudi Chemical Holding

Market Cap: ر.س7.2b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Nofoth Food Products

Market Cap: ر.س809.5m

Produces and sells bakery products in Saudi Arabia.

MOBI Industry

Market Cap: ر.س537.5m

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

Hind Rectifiers

Market Cap: ₹31.8b

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

Hafary Holdings

Market Cap: S$204.5m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Sambhv Steel Tubes

Market Cap: ₹35.5b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Krom Bank Indonesia

Market Cap: Rp17.4t

Provides banking products and services in Indonesia.

Upbest Group

Market Cap: HK$1.7b

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

AGI Infra

Market Cap: ₹48.2b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Jordanian Duty Free Shops

Market Cap: د.أ139.5m

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

Tait Marketing & Distribution

Market Cap: NT$3.6b

Engages in the marketing, agency, and distribution of various foods, beverages, liquors, and supplies in Taiwan.

Etihad GO Telecom

Market Cap: ر.س3.3b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Ceylinco Holdings

Market Cap: LK₨75.5b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

3B Blackbio Dx

Market Cap: ₹10.9b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Shahjalal Islami Bank

Market Cap: ৳19.3b

Provides commercial banking products and services in Bangladesh.

TSTE

Market Cap: ฿3.9b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Jamuna Bank

Market Cap: ৳23.5b

Provides various banking products and services in Bangladesh.

Ruentex Interior Design

Market Cap: NT$3.9b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

TechNVision Ventures

Market Cap: ₹36.3b

Provides information technology products and services in India and internationally.

Timex Group India

Market Cap: ₹35.2b

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

Padma Oil

Market Cap: ৳17.2b

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

Cantabil Retail India

Market Cap: ₹20.7b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

Nigerian Aviation Handling

Market Cap: ₦467.4b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Macpower CNC Machines

Market Cap: ₹11.4b

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

YuanShengTai Dairy Farm

Market Cap: HK$1.5b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Invalda INVL

Market Cap: €342.5m

A private equity firm specializing in investments in small and middle-market privately held companies, industry consolidation, mature, growth capital, early venture, mid venture, later stage, acquisitions, and buyouts in undervalued assets.