Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

Maistra d.d

Market Cap: €505.6m

Engages in the hotel business in Croatia.

Jordanian Duty Free Shops

Market Cap: د.أ138.4m

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

SALUS Ljubljana d. d

Market Cap: €242.4m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Capricorn Group

Market Cap: R10.8b

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

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Zambia Sugar

Market Cap: K12.2b

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

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Central Cooperative Bank AD

Market Cap: лв199.6m

A commercial bank, provides various financial products and services.

First IC

Market Cap: US$156.4m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

Central Forest Group

Market Cap: JP¥22.1b

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

Force Motors

Market Cap: ₹119.9b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

Rrp Semiconductor

Market Cap: ₹11.1b

Trades in electronic parts in India.

Vinacomin - Power Holding

Market Cap: ₫8.7t

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.

Hoang Huy Investment Financial Services

Market Cap: ₫11.2t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

HeXun Biosciences

Market Cap: NT$3.4b

Engages in the research and development of stem cell and treatments in Taiwan.

DAM Capital Advisors

Market Cap: ₹15.9b

Provides investment banking services.

Sun

Market Cap: MU₨6.2b

Operates in the tourism sector.

S.A.S. Dragon Holdings

Market Cap: HK$2.5b

An investment holding company, distributes electronic components and semiconductor products in Hong Kong, Mainland China, Taiwan, the United States of America, Vietnam, Singapore, Macao, and internationally.

Bank Ganesha

Market Cap: Rp1.9t

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

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Sure Global Tech

Market Cap: ر.س628.8m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Pro-Hawk

Market Cap: NT$5.3b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts worldwide.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Shri Jagdamba Polymers

Market Cap: ₹9.4b

Engages in the manufacture and sale of technical textile products in India.

Knowledge Marine & Engineering Works

Market Cap: ₹16.2b

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

Jagsonpal Pharmaceuticals

Market Cap: ₹15.0b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

National Investments Company K.S.C.P

Market Cap: د.ك197.7m

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

Surya Toto Indonesia

Market Cap: Rp2.2t

Engages in the manufacture and sale of sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Tai Sin Electric

Market Cap: S$184.1m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Pizu Group Holdings

Market Cap: HK$1.8b

An investment holding company, engages in the manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

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

Market Cap: د.ك42.2m

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

MOBI Industry

Market Cap: ر.س684.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.