Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Potasios de Chile

Market Cap: CL$1.0t

Invests in shares and other financial instruments in Chile.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Cisadane Sawit Raya

Market Cap: Rp1.8t

Engages in the oil palm plantation business in Indonesia and internationally.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Yulie Sekuritas Indonesia

Market Cap: Rp5.4t

Operates as a securities company in Indonesia.

Hindustan Construction

Market Cap: ₹50.0b

Provides engineering and construction services in India and internationally.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Tohoku Steel

Market Cap: JP¥16.7b

Manufactures, processes, and distributes various types of special steel products in Japan.

Timex Group India

Market Cap: ₹31.7b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Sambhv Steel Tubes

Market Cap: ₹36.0b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Singapura Finance

Market Cap: S$131.7m

Provides finance services in Singapore.

Nestlé Pakistan

Market Cap: PK₨340.0b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Britam Holdings

Market Cap: KSh30.9b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Palasino Holdings

Market Cap: HK$1.5b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

GTS Internasional

Market Cap: Rp4.2t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

New Mauritius Hotels

Market Cap: MU₨7.3b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

AB Akola Group

Market Cap: €284.1m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.

GOCL

Market Cap: ₹16.0b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

PC Jeweller

Market Cap: ₹93.0b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Mamata Machinery

Market Cap: ₹9.9b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Banyan Tree Holdings

Market Cap: S$537.9m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

3B Blackbio Dx

Market Cap: ₹11.2b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

BLS E-Services

Market Cap: ₹15.9b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

ManpowerGroup Greater China

Market Cap: HK$1.1b

An investment holding company, provides workforce solutions and services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Sakar Healthcare

Market Cap: ₹13.2b

Research, develops, manufactures, and sells pharmaceutical products in India.

Oshidori International Holdings

Market Cap: HK$13.2b

An investment holding company, provides financial services in Hong Kong.

Aoxin Q & M Dental Group

Market Cap: S$209.7m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

HG Metal Manufacturing

Market Cap: S$171.7m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

JB Foods

Market Cap: S$223.5m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Renaissance Global

Market Cap: ₹11.5b

Manufactures, retails, and trades in jewelry, gems, and diamonds in India and internationally.

Ceylinco Holdings

Market Cap: LK₨75.6b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Yibin City Commercial Bank

Market Cap: HK$12.1b

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