Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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.

Standard Bank

Market Cap: MK 996.0b

Provides banking and other related services in Malawi.

Mendelson Infrastructures & Industries

Market Cap: ₪607.8m

Engages in the supply of conduction and flow products in Israel.

Winchester Bancorp

Market Cap: US$120.4m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Y.D. More Investments

Market Cap: ₪2.8b

A privately owned Investment Manager.

Payton Industries

Market Cap: ₪511.3m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Soma Gold

Market Cap: CA$243.3m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Potasios de Chile

Market Cap: CL$806.0b

Engages in investment in shares and other financial instruments in Chile.

BAUER

Market Cap: €258.2m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 104.1b

Processes heavy bitumen crude in Africa.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Canal Shipping Agencies

Market Cap: ج.م8.6b

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

FRoSTA

Market Cap: €647.2m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

Empresas Lipigas

Market Cap: CL$957.8b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Pure Cycle

Market Cap: US$240.9m

Provides water and wastewater services in the United States.

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

Freetrailer Group

Market Cap: €552.8m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Acsion

Market Cap: R4.6b

Engages in property holding and development activities in South Africa and internationally.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

ANSA Merchant Bank

Market Cap: TT$2.1b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Bank of Africa Mali

Market Cap: XOF 129.8b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Oakworth Capital

Market Cap: US$193.4m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Security Federal

Market Cap: US$112.5m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.5b

Produces and sells fertilizers.

ASA Gold and Precious Metals

Market Cap: US$1.4b

A publicly owned investment manager.

Amir Marketing and Investments in Agriculture

Market Cap: ₪464.4m

Through its subsidiaries supplies and markets agricultural inputs in Israel.

Malam - Team

Market Cap: ₪2.1b

Provides information technology services in Israel.

C. Mer Industries

Market Cap: ₪530.7m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Nigerian Aviation Handling

Market Cap: ₦319.5b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.7b

A publicly owned investment manager.

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.

Telekom Networks Malawi

Market Cap: MK 356.9b

Provides telecommunication services to enterprises and individual customers in Malawi.

Central Forest Group

Market Cap: JP¥22.7b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.