Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ154.1m

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

Zambia Sugar

Market Cap: K13.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Jadranski naftovod d.d

Market Cap: €816.2m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك40.2m

A private equity firm specializing in direct and fund investments.

MKH Berhad

Market Cap: RM 605.9m

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.

Linde Bangladesh

Market Cap: ৳13.8b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳18.3b

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

Cherat Cement

Market Cap: PK₨56.4b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Shri Jagdamba Polymers

Market Cap: ₹9.3b

Engages in the manufacture and sale of technical textile products in India.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.4m

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

Gallantt Ispat

Market Cap: ₹142.6b

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

KP Green Engineering

Market Cap: ₹26.8b

Engages in engineering and manufacture of steel structure in India.

Saudi Chemical Holding

Market Cap: ر.س6.2b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

Network People Services Technologies

Market Cap: ₹37.2b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Om Infra

Market Cap: ₹12.4b

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.

Pakistan National Shipping

Market Cap: PK₨80.2b

Engages in the shipping business worldwide.

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك44.9m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

Daphne International Holdings

Market Cap: HK$929.9m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

PBA Holdings Bhd

Market Cap: RM 662.0m

An investment holding company, operates as a water supplier in Malaysia.

Luxchem Corporation Berhad

Market Cap: RM 443.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Hong Leong Finance

Market Cap: S$1.2b

Operates as a financial services company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Jagsonpal Pharmaceuticals

Market Cap: ₹16.8b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Yuken India

Market Cap: ₹14.7b

Engages in the manufacture and sale of oil hydraulic equipment primarily in India.

Vasa Denticity

Market Cap: ₹10.2b

Trades in dental products in India.

Monolithisch India

Market Cap: ₹9.1b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Indo Tech Transformers

Market Cap: ₹20.1b

Manufactures and distributes transformers in India and internationally.

SALUS Ljubljana d. d

Market Cap: €328.8m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Tait Marketing & Distribution

Market Cap: NT$4.3b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Hind Rectifiers

Market Cap: ₹22.6b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

TSTE

Market Cap: ฿5.1b

Primarily engages in the production and distribution of wheat flour in Thailand.

AB Vilkyskiu pienine

Market Cap: €123.0m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.