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.

Canal Shipping Agencies

Market Cap: ج.م8.7b

Provides various shipping services to the international commercial fleet in Egypt.

Wema Bank

Market Cap: ₦1.1t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Pizu Group Holdings

Market Cap: HK$5.5b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

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.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Sakar Healthcare

Market Cap: ₹11.9b

Research, develops, manufactures, and sells pharmaceutical products in India.

Fauji Foods

Market Cap: PK₨39.0b

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

HG Metal Manufacturing

Market Cap: S$166.2m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Bank Ganesha

Market Cap: Rp2.9t

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

Krishana Phoschem

Market Cap: ₹29.8b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

DAM Capital Advisors

Market Cap: ₹9.6b

Provides investment banking services.

KFM Kingdom Holdings

Market Cap: HK$1.8b

An investment holding company, manufactures and sells precision metal stamping products in the People’s Republic of China, South East Asia, Hong Kong, North America, Europe, and internationally.

AIICO Insurance

Market Cap: ₦149.7b

Provides risk underwriting and related financial services in Nigeria.

Aoxin Q & M Dental Group

Market Cap: S$201.5m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

GOCL

Market Cap: ₹14.1b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Transnational

Market Cap: ₦507.1b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Hindustan Construction

Market Cap: ₹39.6b

Provides engineering and construction services in India and internationally.

PINAGO UTAMA

Market Cap: Rp2.4t

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

Hoang Huy Investment Financial Services

Market Cap: ₫15.0t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Etihad GO Telecom

Market Cap: ر.س2.9b

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

Oxford Bank

Market Cap: US$103.7m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

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.

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.

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

Market Cap: Mex$31.4b

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

Wison Engineering Services

Market Cap: HK$2.9b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Palasino Holdings

Market Cap: HK$1.8b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Wholetech System Hitech

Market Cap: NT$9.3b

Provides system integration services in Taiwan, China, Japan, and Singapore.

Baazeem Trading

Market Cap: ر.س535.6m

Operates as a FMCG distribution company.

YH Entertainment Group

Market Cap: HK$1.6b

An investment holding company, operates as an artist management company in Mainland China and Korea.

China Bohai Bank

Market Cap: HK$14.9b

Provides various personal and corporate banking products and services in the People’s Republic of China.

JiaXing Gas Group

Market Cap: HK$1.2b

Engages in the sale of piped natural gas (PNG) in Mainland China.

YuanShengTai Dairy Farm

Market Cap: HK$1.6b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Banyan Tree Holdings

Market Cap: S$507.1m

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.