Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Bank Ganesha

Market Cap: Rp2.7t

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

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Bank MNC Internasional

Market Cap: Rp2.7t

Provides various banking products and services in Indonesia.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك44.3m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Citra Tubindo

Market Cap: Rp4.1t

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Voltamp Energy SAOG

Market Cap: ر.ع79.6m

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

Padma Oil

Market Cap: ৳19.6b

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

Linde Bangladesh

Market Cap: ৳14.5b

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

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

National Credit and Commerce Bank

Market Cap: ৳13.5b

Provides various commercial banking products and services in Bangladesh.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك183.2m

Engages in insurance and reinsurance operations in Kuwait.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك389.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

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

Market Cap: د.ك47.7m

A private equity firm specializing in direct and fund investments.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.4m

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك95.4m

Provides various insurance products and services in Kuwait.

National Investments Company K.S.C.P

Market Cap: د.ك192.9m

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

Southern Michigan Bancorp

Market Cap: US$109.9m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €520.7m

Operates as a cooperative bank in France.

NSIA Banque Société Anonyme

Market Cap: XOF 246.1b

Provides various banking products and services.

Freetrailer Group

Market Cap: €735.5m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Metalpha Technology Holding

Market Cap: US$128.4m

Provides wealth management services in Hong Kong.

Amir Marketing and Investments in Agriculture

Market Cap: ₪409.4m

Supplies and markets agricultural inputs in Israel.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

Linkhome Holdings

Market Cap: US$146.2m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Transcorp Power

Market Cap: ₦2.1t

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

Itafos

Market Cap: CA$560.4m

Operates as a phosphate and specialty fertilizer company.

Lampsa Hellenic Hotels

Market Cap: €854.6m

Operates and manages hotels in Greece, Cyprus, and Serbia.

Empresas Lipigas

Market Cap: CL$679.4b

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

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Gulf Island Fabrication

Market Cap: US$111.4m

Operates as a fabricator of steel structures and modules in the United States.

Elron Ventures

Market Cap: US$112.3m

A venture capital firm specializing in early stage and seed investment.

Greenfire Resources

Market Cap: US$375.9m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

First Northern Community Bancorp

Market Cap: US$190.5m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.