Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Standard Bank

Market Cap: MK 563.9b

Provides banking and other related services in Malawi.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

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

Inversiones Doalca SOCIMI

Market Cap: €153.0m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

First National Bank of Botswana

Market Cap: P13.5b

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

Chilanga Cement

Market Cap: K6.1b

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

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Rimoni Industries

Market Cap: ₪473.9m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.9b

Processes heavy bitumen crude in Africa.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

Nigerian Aviation Handling

Market Cap: ₦228.0b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Senstar Technologies

Market Cap: US$104.3m

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

Formula Systems (1985)

Market Cap: ₪6.4b

Through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.

Y.D. More Investments

Market Cap: ₪2.7b

A privately owned Investment Manager.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 318.0b

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

Zona Franca de Iquique

Market Cap: CL$220.6b

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

Payton Industries

Market Cap: ₪512.0m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥10.2b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Gulf Insurance Group - Jordan

Market Cap: د.أ91.0m

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

Grendene

Market Cap: R$4.5b

Engages in the development, production, distribution, and sale of footwear for women, men, and children in Brazil and internationally.

Oakworth Capital

Market Cap: US$157.9m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م13.2b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Mendelson Infrastructures & Industries

Market Cap: ₪703.7m

Mendelson Infrastructures & Industries Ltd.

Terminal X Online

Market Cap: ₪660.0m

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

Zambia Sugar

Market Cap: K13.2b

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

Central Cooperative Bank AD

Market Cap: лв221.2m

A commercial bank, provides various financial products and services.

NSIA Banque Société Anonyme

Market Cap: XOF 235.1b

Provides various banking products and services.

NICO Holdings

Market Cap: MK 1.0t

Engages in general insurance, life assurance, pension administration, banking, corporate finance advisory, asset management, information technology (IT) businesses in in Malawi, Zambia, Uganda, and Mozambique.

Amir Marketing and Investments in Agriculture

Market Cap: ₪425.4m

Supplies and markets agricultural inputs in Israel.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

C. Mer Industries

Market Cap: ₪406.9m

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

Darwin

Market Cap: €87.6m

Operates as a biotechnology company.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.