Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Metalpha Technology Holding

Market Cap: US$142.0m

Provides wealth management services in Hong Kong.

OUG Holdings

Market Cap: JP¥17.8b

Through its subsidiaries, engages in the wholesale of marine products in Japan.

Taisun Enterprise

Market Cap: NT$10.5b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥3.1b

Engages in the research and development, production, sale, and maintenance services of rail transit electrical equipment products in China.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

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

Shenzhen Zhongheng Huafa

Market Cap: CN¥2.5b

Produces and sells injection molded parts, foam parts, and liquid crystal display monitors.

Tokyo Tekko

Market Cap: JP¥47.0b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

Sublime China Information

Market Cap: CN¥3.7b

Provides information and consulting services in China.

Oriental Precision & EngineeringLtd

Market Cap: ₩271.0b

Oriental Precision & Engineering Co.,Ltd.

Macpower CNC Machines

Market Cap: ₹9.0b

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

Morris State Bancshares

Market Cap: US$212.6m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

AGI Infra

Market Cap: ₹21.9b

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

Om Infra

Market Cap: ₹12.2b

Engages in the design, engineering, manufacture, supply, installation, testing, and commissioning of hydro mechanical equipment for hydroelectric power and irrigation projects in India and internationally.

Lotus Chocolate

Market Cap: ₹15.8b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.2b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Indo Tech Transformers

Market Cap: ₹22.1b

Manufactures and distributes transformers in India and internationally.

Keli Motor Group

Market Cap: CN¥10.0b

Engages in the research and development, manufacture, and sale of micro motors in China.

CMC

Market Cap: JP¥19.0b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

BIOBIJOULtd

Market Cap: ₩271.4b

Engages in the research, development, manufacturing, and sale of skin booster and filler products in South Korea.

Goldiam International

Market Cap: ₹38.4b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

Hyakugo Bank

Market Cap: JP¥175.1b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Misr Beni Suef CementE

Market Cap: ج.م6.6b

Produces and sells cement products in Egypt and internationally.

Anji Foodstuff

Market Cap: CN¥2.7b

Engages in the research and development, production, and sale of condiments in China and internationally.

Jiangyin Haida Rubber And Plastic

Market Cap: CN¥6.1b

Jiangyin Haida Rubber And Plastic Co., Ltd.

Wuxi Chemical Equipment

Market Cap: CN¥4.0b

Designs, develops, manufactures, and markets metal pressure vessels in China.

Nanfang Ventilator

Market Cap: CN¥3.9b

Designs and manufactures HVAC products in China.

Maistra d.d

Market Cap: €525.3m

Engages in the hotel business in Croatia.

MSC

Market Cap: ₩147.0b

Engages in the research and development, production, marketing, and sale of various food additives in South Korea.

West Bancorporation

Market Cap: US$324.9m

Operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States.

Hearts and Minds Investments

Market Cap: AU$677.8m

n/a

Shanghai SK Automation TechnologyLtd

Market Cap: CN¥5.9b

Engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles.

Yashima Denki

Market Cap: JP¥36.2b

Provides plant business, industry/equipment, and transportation business in Japan and internationally.

Jadranski naftovod d.d

Market Cap: €801.1m

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

Advanced International Multitech

Market Cap: NT$10.0b

Advanced International Multitech Co., Ltd.