Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Cashmere Valley Bank

Market Cap: US$258.1m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

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

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Hafary Holdings

Market Cap: S$202.4m

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

Jordanian Duty Free Shops

Market Cap: د.أ148.1m

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

Tri-County Financial Group

Market Cap: US$123.1m

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.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Nofoth Food Products

Market Cap: ر.س819.3m

Produces and sells bakery products in Saudi Arabia.

Jamuna Bank

Market Cap: ৳22.1b

Provides various banking products and services in Bangladesh.

Saudi Chemical Holding

Market Cap: ر.س6.3b

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.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Padma Oil

Market Cap: ৳17.3b

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

Cairo Amman Bank

Market Cap: د.أ272.0m

Provides various banking and financial services for corporate and institutional customers.

Taiyo KagakuLtd

Market Cap: JP¥46.9b

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

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

MOBI Industry

Market Cap: ر.س551.0m

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

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س685.7m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Ruentex Interior Design

Market Cap: NT$3.5b

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

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Baazeem Trading

Market Cap: ر.س530.6m

Operates as a FMCG distribution company.

Changjiu Holdings

Market Cap: HK$1.1b

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

Etihad GO Telecom

Market Cap: ر.س2.8b

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

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Onix Solar Energy

Market Cap: ₹18.3b

Engages in the trading of non-ferrous metals in India.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

JB Foods

Market Cap: S$227.0m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

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

Fauji Foods

Market Cap: PK₨37.5b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Nestlé Pakistan

Market Cap: PK₨349.2b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Bonraybio

Market Cap: NT$4.2b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

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.