Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Morris State Bancshares

Market Cap: US$236.6m

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

Tri-County Financial Group

Market Cap: US$112.8m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Practic

Market Cap: RON 712.8m

Engages in the lease and sublease of real estate properties in Romania.

Chilanga Cement

Market Cap: K7.8b

Engages in the manufacture and sale of cement products in Zambia.

Central Cooperative Bank AD

Market Cap: лв214.8m

A commercial bank, provides various financial products and services.

First Northern Community Bancorp

Market Cap: US$204.4m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Southern Michigan Bancorp

Market Cap: US$115.3m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Jadranski naftovod d.d

Market Cap: €866.6m

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

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Affinity Bancshares

Market Cap: US$118.2m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

MKH Berhad

Market Cap: RM 611.5m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Padma Oil

Market Cap: ৳19.2b

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

Shenzhen Zhongheng Huafa

Market Cap: CN¥2.9b

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

Synic SolutionLtd

Market Cap: ₩191.2b

Synic Solution Co., Ltd. provides semiconductor design solutions and foundry services to global fabless customers.

Araya Industrial

Market Cap: JP¥23.8b

Manufactures and sells steel products in Japan and internationally.

Gallantt Ispat

Market Cap: ₹124.6b

Engages in manufacture and sale of iron and steel products in India.

Banyan Tree Holdings

Market Cap: S$576.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Tokyo Tekko

Market Cap: JP¥49.0b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

CYMECHS

Market Cap: ₩190.8b

A tool automation company, engages in the provision of core system components for semiconductor manufacturing in South Korea.

BIO-FD&CLtd

Market Cap: ₩148.7b

Develops active ingredients for anti-aging cosmetics in South Korea.

Hubei Three Gorges Tourism Group

Market Cap: CN¥4.1b

Provides road passenger transport services in China.

Champion Building MaterialsLtd

Market Cap: NT$3.6b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Anhui Guqi Down & Feather Textile

Market Cap: CN¥5.5b

Engages in the research and development, production, and sale of goose and duck down products for use in clothing and bedding applications.

ASRock Rack Incorporation

Market Cap: NT$33.4b

Provides cloud computing server hardware products in Taiwan and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Hermes Transportes Blindados

Market Cap: S/719.8m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Unitech Computer

Market Cap: NT$6.8b

Engages in the design, manufacture, sale, import and export of computers, computer peripheral equipment and automatic identification systems in Asia, America, Europe, and Oceania.

Tibet Development

Market Cap: CN¥3.0b

Engages in the production and sale of beer in China.

MOBI Industry

Market Cap: ر.س635.0m

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

Qassim Cement

Market Cap: ر.س4.6b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥3.9b

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