Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ641.7m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Jamuna Bank

Market Cap: ৳23.1b

Provides various banking products and services in Bangladesh.

Ruentex Interior Design

Market Cap: NT$3.8b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

House of Investments

Market Cap: ₱7.1b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Padma Oil

Market Cap: ৳17.0b

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

Central Forest Group

Market Cap: JP¥22.9b

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

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Shahjalal Islami Bank

Market Cap: ৳19.4b

Provides commercial banking products and services in Bangladesh.

Vita Life Sciences

Market Cap: AU$139.8m

A healthcare company, engages in formulating, packaging, distributing, and selling vitamins and supplements in Australia, Singapore, Malaysia, Thailand, Vietnam, Indonesia, and China.

Taiyo KagakuLtd

Market Cap: JP¥44.1b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

First National Bank of Botswana

Market Cap: P14.4b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Sopharma AD

Market Cap: €909.2m

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

MCH Group

Market Cap: CHF 131.8m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Marvipol Development

Market Cap: zł437.3m

Develops residential projects in Poland.

Viking Line Abp

Market Cap: €352.5m

Provides passenger and cargo carrier services.

Steppe Gold

Market Cap: CA$354.0m

Engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺13.4b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

AIICO Insurance

Market Cap: ₦151.9b

Provides risk underwriting and related financial services in Nigeria.

Wema Bank

Market Cap: ₦1.4t

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

Cyprus Cement

Market Cap: €172.8m

Engages in the production and sale of cement and related businesses in Cyprus.

Zito d.o.o

Market Cap: €499.6m

Engages in the food and agricultural businesses in Croatia, Hungary, Italy, Serbia, Slovakia, Kosovo, and internationally.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺31.4b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Canal Shipping Agencies

Market Cap: ج.م9.2b

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

GB Holdings

Market Cap: US$60.5m

Produces rubber and chemical products in Zimbabwe.

Upbest Group

Market Cap: HK$1.7b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Bank of the James Financial Group

Market Cap: US$105.8m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

Alantra Partners

Market Cap: €416.7m

Engages in the investment banking and asset management services in Spain and internationally.

Decora

Market Cap: zł810.0m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

Fidelity Life Assurance of Zimbabwe

Market Cap: US$62.4m

Provides life and funeral assurance, asset management, actuarial consultancy and micro-financing services in Zimbabwe and Malawi.

Corporación Financiera Colombiana

Market Cap: Col$5.9t

Operates as a private financial institution in Columbia and Central America.

Bijou Brigitte modische Accessoires

Market Cap: €374.7m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Soma Gold

Market Cap: CA$166.5m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Sound Financial Bancorp

Market Cap: US$108.1m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.