Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jamuna Bank

Market Cap: ৳23.1b

Provides various banking products and services in Bangladesh.

Central Forest Group

Market Cap: JP¥22.9b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

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

House of Investments

Market Cap: ₱7.1b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Padma Oil

Market Cap: ৳17.0b

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

Ruentex Interior Design

Market Cap: NT$3.8b

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

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.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Shahjalal Islami Bank

Market Cap: ৳19.4b

Provides commercial banking products and services in Bangladesh.

Taiyo KagakuLtd

Market Cap: JP¥44.1b

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

Vita Life Sciences

Market Cap: AU$139.8m

A healthcare company, engages in formulating, packaging, distributing, and selling vitamins and supplements in Australia, Singapore, Malaysia, Thailand, Vietnam, Indonesia, and China.

Seneca Foods

Market Cap: US$902.3m

Provides packaged fruits and vegetables in the United States and internationally.

ASA Gold and Precious Metals

Market Cap: US$1.3b

A publicly owned investment manager.

BAUER

Market Cap: €243.6m

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

Bank of Africa Mali

Market Cap: XOF 128.2b

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

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺31.4b

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

First National Bank of Botswana

Market Cap: P14.4b

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

Viking Line Abp

Market Cap: €352.5m

Provides passenger and cargo carrier services.

MCH Group

Market Cap: CHF 131.8m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Marvipol Development

Market Cap: zł437.3m

Develops residential projects in Poland.

Sopharma AD

Market Cap: €909.2m

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺13.4b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

Audioboom Group

Market Cap: UK£113.3m

A podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States.

Steppe Gold

Market Cap: CA$354.0m

Engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru.

AIICO Insurance

Market Cap: ₦151.9b

Provides risk underwriting and related financial services in Nigeria.

Wema Bank

Market Cap: ₦1.4t

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

Quest Holdings

Market Cap: €755.6m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 89.3b

Processes heavy bitumen crude in Africa.

Alantra Partners

Market Cap: €416.7m

Engages in the investment banking and asset management services in Spain and internationally.

Empresas Lipigas

Market Cap: CL$930.1b

Provides energy solutions through the marketing, distribution, and sale of liquefied petroleum gas (LPG), natural gas (NG), liquefied natural gas (LNG), and electricity for residential, commercial, and industrial use in Chile, Colombia, Peru, and Ecuador.

Anbio Biotechnology

Market Cap: US$1.2b

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, and internationally.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.8b

A publicly owned investment manager.

Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺18.0b

Operates as a guardrail supplier company in Turkey.

Odlewnie Polskie

Market Cap: zł382.1m

Produces and sells castings in Germany, the Czech Republic, the Netherlands, the United States, Sweden, Hungary, Great Britain, Austria, Slovakia, Denmark, Turkey, Spain, Italy, Switzerland, France, and Serbia.