Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Cita Mineral Investindo

Market Cap: Rp16.0t

Engages in bauxite mining activities in Indonesia.

Bank Ganesha

Market Cap: Rp2.7t

Provides various general banking products and services for individuals and businesses in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Citra Tubindo

Market Cap: Rp4.1t

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

Linde Bangladesh

Market Cap: ৳14.5b

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

National Credit and Commerce Bank

Market Cap: ৳13.3b

Provides various commercial banking products and services in Bangladesh.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

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

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Voltamp Energy SAOG

Market Cap: ر.ع78.6m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Padma Oil

Market Cap: ৳19.6b

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك100.3m

Provides various insurance products and services in Kuwait.

Taiyo KagakuLtd

Market Cap: JP¥36.3b

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

Monolithisch India

Market Cap: ₹9.4b

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

Digital Mediatama Maxima

Market Cap: Rp2.4t

Operates an integrated marketing platform.

Cahaya Aero Services

Market Cap: Rp5.4t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.5t

Provides various banking products and services in Indonesia.

Tait Marketing & Distribution

Market Cap: NT$4.2b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Hospital Corporation of China

Market Cap: HK$887.2m

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

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.6t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.6t

Manages and operates container terminals in Indonesia and internationally.

Cisadane Sawit Raya

Market Cap: Rp1.7t

Engages in the oil palm plantation business in Indonesia and internationally.

Eurofins-Cerep

Market Cap: €91.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Dekpol

Market Cap: zł597.1m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

Izmir Firça Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺9.6b

Produces and sells various cleaning materials and painting brushes in Turkey and internationally.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €525.6m

Operates as a cooperative bank in France.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €93.4m

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

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł864.2m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Master Drilling Group

Market Cap: R2.4b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Amir Marketing and Investments in Agriculture

Market Cap: ₪405.8m

Supplies and markets agricultural inputs in Israel.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

Formula Systems (1985)

Market Cap: ₪6.7b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

Rimoni Industries

Market Cap: ₪407.8m

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.

Transcorp Power

Market Cap: ₦2.1t

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