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.

Jordanian Duty Free Shops

Market Cap: د.أ140.6m

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

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 64.7b

Processes heavy bitumen crude in Africa.

Anbio Biotechnology

Market Cap: US$306.8m

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

Sun

Market Cap: MU₨7.0b

Operates in the tourism sector.

Krom Bank Indonesia

Market Cap: Rp14.8t

Provides various banking products and services in Indonesia.

Central Forest Group

Market Cap: JP¥21.3b

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.3b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Canal Shipping Agencies

Market Cap: ج.م7.1b

Provides various shipping services to the international commercial fleet in Egypt.

HOMAG Group

Market Cap: €451.8m

Manufactures and sells machines and solutions for woodworking and timber construction industries worldwide.

First National Bank of Botswana

Market Cap: P13.0b

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

Martifer SGPS

Market Cap: €187.3m

Operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally.

Conoil

Market Cap: ₦229.8b

Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria.

Aesler Grup Internasional

Market Cap: Rp2.0t

Provides architectural and construction management services in Indonesia.

FRoSTA

Market Cap: €517.8m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

NSIA Banque Société Anonyme

Market Cap: XOF 217.7b

Provides various banking products and services.

SALUS Ljubljana d. d

Market Cap: €231.8m

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

Sparta

Market Cap: €179.4m

A publicly owned investment manager.

Omega Flex

Market Cap: US$414.0m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

La Forestière Equatoriale

Market Cap: €139.2m

Does not have any significant operations.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 243.6b

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

Segar Kumala Indonesia

Market Cap: Rp1.7t

Trades in and distributes fruits, frozen chicken, and vegetables in Indonesia.

Primadaya Plastisindo

Market Cap: Rp1.7t

Manufactures and sells plastic packaging products.

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

Market Cap: ج.م7.7b

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.

Transcorp Power

Market Cap: ₦2.7t

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

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.

Syn Prop & Tech

Market Cap: R$748.0m

We are SYN, and we have a deep understanding of the Brazilian commercial real estate market.

Grendene

Market Cap: R$5.2b

Engages in the development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally.

Zambia Sugar

Market Cap: K11.7b

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

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

Inverfal PerúA

Market Cap: S/1.9b

Engages in investing in fixed or variable income securities.

Quemchi

Market Cap: CL$95.2b

Quemchi, S.A. engages in maritime transport, cargo and shipping services, and investments businesses.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/776.5m

Engages distribution of electricity in Peru.