Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Hua Na Hydropower

Market Cap: ₫5.6t

Engages in the electricity generation activities.

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م18.8b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

PAN Group

Market Cap: ₫6.9t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Mulpha International Bhd

Market Cap: RM 936.9m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Zambia Sugar

Market Cap: K15.2b

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

Chilanga Cement

Market Cap: K6.0b

Engages in the manufacture and sale of cement products in Zambia.

First Bancorp

Market Cap: US$304.7m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

TSTE

Market Cap: ฿4.4b

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

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Vietnam Container Shipping

Market Cap: ₫11.2t

Engages in port services activities in Vietnam.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

PBA Holdings Bhd

Market Cap: RM 662.0m

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

Ha Giang Mineral Mechanics

Market Cap: ₫3.6t

Explores, extracts, and process mineral ores in Vietnam and internationally.

FineMark Holdings

Market Cap: US$515.6m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Solesence

Market Cap: US$258.0m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

SalfaCorp

Market Cap: CL$484.5b

Engages in engineering, construction, and real estate businesses in Chile and internationally.

Inversiones Doalca SOCIMI

Market Cap: €154.2m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

First National Bank of Botswana

Market Cap: P13.6b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Gulf Island Fabrication

Market Cap: US$108.4m

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

va-Q-tec

Market Cap: €406.9m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Itafos

Market Cap: CA$566.2m

Operates as a phosphate and specialty fertilizer company.

Pure Cycle

Market Cap: US$243.2m

Provides wholesale water and wastewater services in the United States.

Wema Bank

Market Cap: ₦492.9b

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

Oakworth Capital

Market Cap: US$160.5m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 308.5b

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

Linkhome Holdings

Market Cap: US$145.1m

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

Freetrailer Group

Market Cap: €775.1m

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

NSIA Banque Société Anonyme

Market Cap: XOF 247.3b

Provides various banking products and services.