Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

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

Market Cap: ج.م24.5b

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

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.7b

Provides various banking products and services in Egypt.

Canal Shipping Agencies

Market Cap: ج.م9.2b

Provides various shipping services to the international commercial fleet in Egypt.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.3b

Produces and sells fertilizers.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Mulpha International Bhd

Market Cap: RM 887.9m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Luxchem Corporation Berhad

Market Cap: RM 411.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

PBA Holdings Bhd

Market Cap: RM 648.7m

An investment holding company, operates as a water supplier in Malaysia.

M & A Equity Holdings Berhad

Market Cap: RM 440.1m

An investment holding company, engages in the financial services, investment holding, and property investment and development businesses in Malaysia.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Medinice

Market Cap: zł365.0m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Acsion

Market Cap: R3.6b

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

Soma Gold

Market Cap: CA$244.2m

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

Alantra Partners

Market Cap: €347.7m

Engages in the investment banking and asset management services in Spain and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €92.8m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Itafos

Market Cap: CA$552.7m

Operates as a phosphate and specialty fertilizer company.

Union Bankshares

Market Cap: US$114.1m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Oxford Bank

Market Cap: US$103.5m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Empresas Lipigas

Market Cap: CL$953.6b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Sopharma AD

Market Cap: €945.0m

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

Dekpol

Market Cap: zł756.0m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

MCH Group

Market Cap: CHF 142.2m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

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

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

Sparta

Market Cap: €125.6m

A publicly owned investment manager.

Freetrailer Group

Market Cap: €819.7m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

A3 Mercados

Market Cap: AR$826.2b

Operates as a market for negotiable securities in Argentina and internationally.

Kingstone Companies

Market Cap: US$218.6m

Through its subsidiary, Kingstone Insurance Company ("KICO"), provides property and casualty insurance products in the United States.

Envirotainer

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

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

Bijou Brigitte modische Accessoires

Market Cap: €324.5m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

GB Holdings

Market Cap: US$54.7m

Produces rubber and chemical products in Zimbabwe.

Transcorp Power

Market Cap: ₦2.3t

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