Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Elron Ventures

Market Cap: US$125.8m

A venture capital firm specializing in early stage and seed investment.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م26.3b

Produces and sells fertilizers.

Rimoni Industries

Market Cap: ₪427.2m

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.

GlaxoSmithKlineE

Market Cap: ج.م5.5b

Engages in production of pharmaceutical chemicals.

Y.D. More Investments

Market Cap: ₪3.0b

A privately owned Investment Manager.

Mendelson Infrastructures & Industries

Market Cap: ₪565.8m

Mendelson Infrastructures & Industries Ltd.

C. Mer Industries

Market Cap: ₪410.2m

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

Rotshtein Realestate

Market Cap: ₪1.5b

Develops and constructs residential projects in Israel.

Amir Marketing and Investments in Agriculture

Market Cap: ₪424.9m

Supplies and markets agricultural inputs in Israel.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.5b

A publicly owned investment manager.

Capricorn Group

Market Cap: R11.2b

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

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

First Investment Bank AD

Market Cap: лв790.1m

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Central Cooperative Bank AD

Market Cap: лв218.7m

A commercial bank, provides various financial products and services.

Terminal X Online

Market Cap: ₪733.7m

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

Payton Industries

Market Cap: ₪464.6m

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.

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

Market Cap: ج.م17.7b

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.

Zona Franca de Iquique

Market Cap: CL$232.0b

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

Oakworth Capital

Market Cap: US$160.3m

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

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Freetrailer Group

Market Cap: €686.4m

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

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

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

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.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Hermes Transportes Blindados

Market Cap: S/750.4m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

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.

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Daphne International Holdings

Market Cap: HK$959.6m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Changchai Company

Market Cap: CN¥3.5b

Produces and sells small and medium-sized single cylinder and multi-cylinder diesel engines under the Changchai brand in the People’s Republic of China and internationally.

SEMCNS

Market Cap: ₩336.3b

SEMCNS Co., Ltd provides ceramic substrates for probe cards.

Oriental Precision & EngineeringLtd

Market Cap: ₩557.5b

Oriental Precision & Engineering Co.,Ltd.