Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Zona Franca de Iquique

Market Cap: CL$232.8b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

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.

Capricorn Group

Market Cap: R11.7b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 403.3b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Standard Bank

Market Cap: MK 1.2t

Provides banking and other related services in Malawi.

ANSA Merchant Bank

Market Cap: TT$2.7b

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

Telekom Networks Malawi

Market Cap: MK 366.0b

Provides telecommunication services to enterprises and individual customers in Malawi.

Zambia Sugar

Market Cap: K20.7b

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

Central Forest Group

Market Cap: JP¥21.3b

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

Transcorp Power

Market Cap: ₦2.6t

Engages in the generation and sale of electric power in Nigeria and internationally.

Tri-County Financial Group

Market Cap: US$114.3m

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.

TCPL Packaging

Market Cap: ₹29.5b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Krishana Phoschem

Market Cap: ₹31.4b

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

Orkla India

Market Cap: ₹94.1b

Operates as a food company, manufactures and sells spices and convenience foods in India and internationally.

Central Finance

Market Cap: LK₨71.2b

Provides various financial solutions primarily in Sri Lanka.

Taiyo KagakuLtd

Market Cap: JP¥38.0b

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

Saatvik Green Energy

Market Cap: ₹59.8b

Manufactures and sells solar photovoltaic modules in India and internationally.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp21.5t

Manufactures and sells writing and printing paper products in Asia, Africa, Europe, the Middle East, the United States, and internationally.

Indo Farm Equipment

Market Cap: ₹11.3b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Genesys International

Market Cap: ₹20.2b

Provides geographical information services in India and internationally.

Balaji Telefilms

Market Cap: ₹14.1b

Engages in the television content business in India and internationally.

Payton Industries

Market Cap: ₪520.6m

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.

National Investments Company K.S.C.P

Market Cap: د.ك255.0m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

AGI Infra

Market Cap: ₹31.7b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺35.2b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺7.9b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

DAM Capital Advisors

Market Cap: ₹16.7b

Provides investment banking services.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺19.8b

Provides software development services to public and private organizations in Turkey.

3B Blackbio Dx

Market Cap: ₹12.1b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Enviro Infra Engineers

Market Cap: ₹39.7b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Nestlé Pakistan

Market Cap: PK₨363.0b

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

Standard Chartered Bank Kenya

Market Cap: KSh116.2b

Provides various banking products and services for individuals and businesses.

Knowledge Marine & Engineering Works

Market Cap: ₹29.7b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Saint-Gobain Sekurit India

Market Cap: ₹10.3b

Manufactures and sells laminated and tempered automotive glass in India.