Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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

Market Cap: Mex$28.2b

Operates self-service stores that sell office supplies, electronic goods, and housewares in Mexico, Central America, the Caribbean, Colombia, and Chile.

Reitar Logtech Holdings

Market Cap: US$256.0m

Through its subsidiaries, provides construction management and engineering design services.

va-Q-tec

Market Cap: €392.2m

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

Metalpha Technology Holding

Market Cap: US$125.5m

Provides wealth management services in Hong Kong.

Shangri-La Hotel

Market Cap: ฿6.1b

Operates hotels in Bangkok and Chiang Mai provinces.

Itafos

Market Cap: CA$570.0m

Operates as a phosphate and specialty fertilizer company.

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.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م12.9b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Gulf Island Fabrication

Market Cap: US$111.5m

Operates as a fabricator of steel structures and modules in the United States.

Viohalco

Market Cap: €1.5b

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

Rich Sparkle Holdings

Market Cap: US$391.9m

Provides financial printing and corporate services in Hong Kong.

FineMark Holdings

Market Cap: US$487.6m

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$195.6m

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

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Decora

Market Cap: zł727.7m

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

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł901.5m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Standard Bank

Market Cap: MK 757.5b

Provides banking and other related services in Malawi.

Zona Franca de Iquique

Market Cap: CL$205.0b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

GB Holdings

Market Cap: US$54.0m

Provides rubber and chemical products in Zimbabwe.

Acsion

Market Cap: R2.3b

Engages in property holding and development activities in South Africa and internationally.

Preformed Line Products

Market Cap: US$732.8m

Designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries.

Valhi

Market Cap: US$436.6m

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

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.

Pure Cycle

Market Cap: US$234.7m

Provides wholesale water and wastewater services in the United States.

NSIA Banque Société Anonyme

Market Cap: XOF 237.5b

Provides various banking products and services.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 303.7b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.9b

Processes heavy bitumen crude in Africa.

Inversiones Doalca SOCIMI

Market Cap: €153.0m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

Martifer SGPS

Market Cap: €209.3m

Operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally.

TSTE

Market Cap: ฿4.5b

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

Zambia Sugar

Market Cap: K13.3b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.