Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €508.1m

Operates as a cooperative bank in France.

Sociedad de Inversiones Oro Blanco

Market Cap: CL$1.3t

Through its subsidiaries, invests in various types of goods and securities in Chile.

Deutsche Balaton

Market Cap: €221.4m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Zona Franca de Iquique

Market Cap: CL$229.5b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł846.3m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Eurofins-Cerep

Market Cap: €91.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Dekpol

Market Cap: zł593.7m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

FRMO

Market Cap: US$400.6m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

GlaxoSmithKlineE

Market Cap: ج.م5.7b

Engages in production of pharmaceutical chemicals.

La Forestière Equatoriale

Market Cap: €108.1m

Does not have any significant operations.

Rich Sparkle Holdings

Market Cap: US$507.8m

Provides financial printing and corporate services in Hong Kong.

ANSA Merchant Bank

Market Cap: TT$3.2b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 76.8b

Processes heavy bitumen crude in Africa.

ASA Gold and Precious Metals

Market Cap: US$746.4m

A publicly owned investment manager.

Sound Financial Bancorp

Market Cap: US$120.6m

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

First Bancorp

Market Cap: US$304.7m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

SUI Group Holdings

Market Cap: US$511.5m

A principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

First National Bank of Botswana

Market Cap: P13.6b

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

Southern Michigan Bancorp

Market Cap: US$115.6m

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

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Senstar Technologies

Market Cap: US$102.9m

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

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

Viohalco

Market Cap: €1.6b

Through its subsidiaries, manufactures, and sells aluminium, copper, cables, and steel and steel pipe products.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Soma Gold

Market Cap: CA$163.0m

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

Valhi

Market Cap: US$461.3m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Solesence

Market Cap: US$229.8m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Itafos

Market Cap: CA$537.2m

Operates as a phosphate and specialty fertilizer company.