Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Ibrahim Fibres

Market Cap: PK₨96.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Timex Group India

Market Cap: ₹33.2b

Engages in designing, manufacturing, and trading of watches in India and internationally.

KP Green Engineering

Market Cap: ₹28.4b

Engages in engineering and manufacture of steel structure in India.

Bank Ganesha

Market Cap: Rp2.7t

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

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹10.6b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

SML Isuzu

Market Cap: ₹57.0b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Cisadane Sawit Raya

Market Cap: Rp1.7t

Engages in the oil palm plantation business in Indonesia and internationally.

Oswal Greentech

Market Cap: ₹10.6b

Develops real estate projects in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹19.1b

Engages in manufacture and trading of synthetic food colors.

Citra Tubindo

Market Cap: Rp4.1t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

TCPL Packaging

Market Cap: ₹31.2b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Abans Financial Services

Market Cap: ₹11.4b

Operates as a non-banking finance company in India and internationally.

Hayleys

Market Cap: LK₨130.1b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Central Finance

Market Cap: LK₨65.3b

Provides various financial solutions primarily in Sri Lanka.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Morris State Bancshares

Market Cap: US$237.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Bank MNC Internasional

Market Cap: Rp2.7t

Provides various banking products and services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Qassim Cement

Market Cap: ر.س4.5b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س549.8m

Operates as a FMCG distribution company.

Saha-Union

Market Cap: ฿8.6b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

SALUS Ljubljana d. d

Market Cap: €364.9m

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

DAM Capital Advisors

Market Cap: ₹16.0b

Provides investment banking services.

HG Metal Manufacturing

Market Cap: S$148.4m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Vikram Solar

Market Cap: ₹120.0b

Manufactures and sells solar photovoltaic modules/systems.

MKH Berhad

Market Cap: RM 576.9m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.6t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

VICOM

Market Cap: S$567.3m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

PC Jeweller

Market Cap: ₹94.0b

Manufactures, sells, and trades in gold, diamond, silver, precious stone, and gold and diamond studded jewelry in India.

Digital Mediatama Maxima

Market Cap: Rp2.4t

Operates an integrated marketing platform.

Indo Amines

Market Cap: ₹10.7b

Engages in the manufacture, distribution, and sale of fine, performance, and specialty chemicals in India and internationally.

Monolithisch India

Market Cap: ₹9.9b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Concord Enviro Systems

Market Cap: ₹11.3b

Engages in providing water and wastewater treatment, and reuse solutions.

Thai Steel Cable

Market Cap: ฿3.6b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.