Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Ruentex Interior Design

Market Cap: NT$3.5b

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

Freetrailer Group

Market Cap: €724.4m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Sparta

Market Cap: €100.5m

A publicly owned investment manager.

Senstar Technologies

Market Cap: US$114.6m

Provides physical, video, and access control security products and solutions worldwide.

Corporación Financiera Colombiana

Market Cap: Col$6.6t

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

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

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

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Advanced International Multitech

Market Cap: NT$9.2b

Advanced International Multitech Co., Ltd.

Cita Mineral Investindo

Market Cap: Rp19.0t

Engages in bauxite mining activities in Indonesia.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

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

Dwi Guna Laksana

Market Cap: Rp3.6t

Engages in the coal mining and trading activities in Indonesia.

Sinopower Semiconductor

Market Cap: NT$4.0b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Hospital Corporation of China

Market Cap: HK$817.6m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Padma Oil

Market Cap: ৳19.2b

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

Viviana Power Tech

Market Cap: ₹10.1b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Billion Industrial Holdings

Market Cap: HK$10.1b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Terminal X Online

Market Cap: ₪751.7m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

C. Mer Industries

Market Cap: ₪387.6m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺8.5b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺19.2b

Provides software development services to public and private organizations in Turkey.

Cairo Amman Bank

Market Cap: د.أ290.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Bank of Africa Mali

Market Cap: XOF 102.0b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

First Investment Bank AD

Market Cap: лв772.3m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €91.2m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Telekom Networks Malawi

Market Cap: MK 366.2b

Provides telecommunication services to enterprises and individual customers in Malawi.

Sopharma AD

Market Cap: лв1.4b

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

Alumil Aluminium Industry

Market Cap: €158.5m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Cyprus Cement

Market Cap: €181.1m

Engages in the manufacturing and sale of cement and related business in Cyprus.

VNV Global

Market Cap: SEK 3.0b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

Maistra d.d

Market Cap: €591.0m

Engages in the hotel business in Croatia.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺34.7b

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 378.2b

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