Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Citra Tubindo

Market Cap: Rp4.5t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

ShareHope Medicine

Market Cap: NT$3.6b

Provides integrated medical services in Taiwan.

Cita Mineral Investindo

Market Cap: Rp16.1t

Engages in bauxite mining activities in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp4.4t

Operates as a securities company in Indonesia.

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

China Leon Inspection Holding

Market Cap: HK$1.7b

An investment holding company, provides inspection, testing, technical, and consulting services in Greater China, Singapore, and internationally.

Hoshi Iryo-Sanki

Market Cap: JP¥14.8b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Taiyo KagakuLtd

Market Cap: JP¥35.3b

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

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Voltamp Energy SAOG

Market Cap: ر.ع77.7m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Surya Toto Indonesia

Market Cap: Rp2.6t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Linde Bangladesh

Market Cap: ৳14.4b

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

Padma Oil

Market Cap: ৳19.7b

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

TSTE

Market Cap: ฿4.4b

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

Palasino Holdings

Market Cap: HK$1.9b

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

Cahaya Aero Services

Market Cap: Rp5.7t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.2t

Engages in the coal mining and trading activities in Indonesia.

Bank Ganesha

Market Cap: Rp2.8t

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

Bank MNC Internasional

Market Cap: Rp2.6t

Provides various banking products and services in Indonesia.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

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

Digital Mediatama Maxima

Market Cap: Rp2.7t

Operates an integrated marketing platform.

National Credit and Commerce Bank

Market Cap: ৳13.1b

Provides various commercial banking products and services in Bangladesh.

Nusantara Pelabuhan Handal

Market Cap: Rp2.7t

Manages and operates container terminals in Indonesia and internationally.

Wema Bank

Market Cap: ₦492.9b

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

Transcorp Power

Market Cap: ₦2.1t

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

Purple Group

Market Cap: R2.5b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Payton Industries

Market Cap: ₪457.1m

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.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.4b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺5.6b

Engages in the production and sale of cotton and synthetic yarn in Turkey and internationally.

ASA Gold and Precious Metals

Market Cap: US$701.7m

A publicly owned investment manager.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €538.7m

Operates as a cooperative bank in France.

Acsion

Market Cap: R2.7b

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

MIA Teknoloji Anonim Sirketi

Market Cap: ₺20.6b

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