Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Qassim Cement

Market Cap: ر.س4.7b

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

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Practic

Market Cap: RON 736.5m

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

Etihad Atheeb Telecommunication

Market Cap: ر.س3.6b

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

Sure Global Tech

Market Cap: ر.س525.9m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.6b

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

Najran Cement

Market Cap: ر.س1.4b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك44.3m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

National Credit and Commerce Bank

Market Cap: ৳13.4b

Provides various commercial banking products and services in Bangladesh.

National Investments Company K.S.C.P

Market Cap: د.ك196.1m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك395.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Voltamp Energy SAOG

Market Cap: ر.ع78.5m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Padma Oil

Market Cap: ৳19.7b

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

Linde Bangladesh

Market Cap: ৳14.8b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Baazeem Trading

Market Cap: ر.س558.9m

Operates as a FMCG distribution company.

MOBI Industry

Market Cap: ر.س587.5m

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

National Environmental Recycling

Market Cap: ر.س852.4m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Kuwait Insurance CompanyK.P

Market Cap: د.ك99.2m

Provides various insurance products and services in Kuwait.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك44.3m

A private equity firm specializing in direct and fund investments.

Verusa Holding

Market Cap: ₺32.0b

A private equity and venture capital firm specializing in recapitalizations, growth capital, restructuring, growth equity, growth stage, and Pre-Initial Public Offering companies.

Linkhome Holdings

Market Cap: US$130.7m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Dekpol

Market Cap: zł608.8m

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

Viohalco

Market Cap: €1.7b

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

NSIA Banque Société Anonyme

Market Cap: XOF 244.7b

Provides various banking products and services.

First Northern Community Bancorp

Market Cap: US$190.8m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Capricorn Group

Market Cap: R11.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Acsion

Market Cap: R3.1b

Engages in property holding and development activities in South Africa and internationally.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺20.6b

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

Metalpha Technology Holding

Market Cap: US$114.9m

Provides wealth management services in Hong Kong.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Itafos

Market Cap: CA$573.9m

Operates as a phosphate and specialty fertilizer company.

Chilanga Cement

Market Cap: K6.0b

Engages in the manufacture and sale of cement products in Zambia.

Zambia Sugar

Market Cap: K15.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.