Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Zahrat Al Waha For Trading

Market Cap: ر.س567.0m

Engages in the manufacturing and sale of PET preforms and HDPE closure in the Kingdom of Saudi Arabia.

Saudi Chemical Holding

Market Cap: ر.س7.1b

Engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products.

Liburnia Riviera Hoteli d.d

Market Cap: €146.5m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Baazeem Trading

Market Cap: ر.س581.2m

Operates as a fast-moving consumer goods distribution company.

Nofoth Food Products

Market Cap: ر.س705.4m

Produces and sells bakery products in Saudi Arabia.

Cashmere Valley Bank

Market Cap: US$266.2m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Etihad GO Telecom

Market Cap: ر.س3.2b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

MOBI Industry

Market Cap: ر.س484.5m

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

Jordanian Duty Free Shops

Market Cap: د.أ136.8m

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

Southern Michigan Bancorp

Market Cap: US$139.5m

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

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Advancetek EnterpriseLtd

Market Cap: NT$9.4b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

Monarch Networth Capital

Market Cap: ₹26.3b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Xi'an High Voltage Apparatus Research Institute

Market Cap: CN¥6.3b

Provides electrical inspection and testing services in China, Hong Kong, Macao, Taiwan, and internationally.

Daoming Optics&ChemicalLtd

Market Cap: CN¥6.6b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.9b

TianJin JinRong TianYu Precision Machinery Inc.

Pro-Hawk

Market Cap: NT$5.9b

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

Torigoe

Market Cap: JP¥25.0b

Manufactures and sells flours and related products in Japan.

YH Entertainment Group

Market Cap: HK$1.6b

An investment holding company, operates as an artist management company in Mainland China and Korea.

ISE Chemicals

Market Cap: JP¥236.7b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Compañía Electro Metalúrgica

Market Cap: CL$700.8b

Provides solutions for the mining industry in Chile, Argentina, China, the United States, Peru, and South Africa.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Marítima de Inversiones

Market Cap: CL$277.9b

Maritima de Inversiones SA is a publicly owned investment manager.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

La Positiva Seguros y Reaseguros

Market Cap: S/604.5m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Hermes Transportes Blindados

Market Cap: S/754.7m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Systex

Market Cap: NT$35.3b

Provides various IT services for enterprise and government clients in Taiwan and Asia.

Waffer Technology

Market Cap: NT$8.2b

Engages in the production and sale of magnesium aluminum alloy molded products in the Mainland of China, Taiwan, Vietnam, Germany, the United States, and internationally.

PINAGO UTAMA

Market Cap: Rp2.8t

PT PINAGO UTAMA Tbk is involved in the oil palm and rubber plantation business in Indonesia.

Sambhv Steel Tubes

Market Cap: ₹31.5b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.