Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Capricorn Group

Market Cap: R10.8b

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

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

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.

First National Bank of Botswana

Market Cap: P13.1b

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

Tien Phong Plastic

Market Cap: ₫10.4t

Manufactures and trades in plastic pipes for civil and industrial use in Vietnam.

Bank Ganesha

Market Cap: Rp2.0t

Provides various general banking products and services for individuals and businesses in Indonesia.

Invest Bank

Market Cap: د.أ207.5m

Provides various banking and related financial services in Jordan.

Saudi Chemical Holding

Market Cap: ر.س7.2b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س838.6m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

National Industries Group Holding - KPSC

Market Cap: د.ك602.3m

Through its subsidiaries, engages in the building materials, petrochemicals, oil and gas services, mechanical industries, utilities, real estate, infrastructure, and financial services in Kuwait and internationally.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك417.5m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors.

Taiyo KagakuLtd

Market Cap: JP¥28.4b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Central Forest Group

Market Cap: JP¥22.9b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Lion Rock Group

Market Cap: HK$993.3m

An investment holding company, provides printing services to international book publishers, trade, professional and educational publishing conglomerates, and print media companies.

Viet Nam Forestry Corporation -

Market Cap: ₫6.0t

Engages in the caring, management, and exploitation of forests.

Ha Giang Mineral Mechanics

Market Cap: ₫4.0t

Explores, extracts, and process mineral ores in Vietnam and internationally.

An Cuong Wood - Working

Market Cap: ₫5.4t

Manufactures and trades in wooden household products, industrial wooden items, artificial boards, interior decoration products, kitchen equipment, and other wooden related products in Vietnam and internationally.

Goldiam International

Market Cap: ₹39.4b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

Shangri-La Hotel

Market Cap: ฿5.9b

Operates hotels in Bangkok and Chiang Mai provinces.

Lotus Chocolate

Market Cap: ₹13.2b

Manufactures and sells chocolates, cocoa products, and cocoa derivatives to chocolate makers and users in India.

Tai Sin Electric

Market Cap: S$188.7m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

National Investments Company K.S.C.P

Market Cap: د.ك197.7m

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

Mamata Machinery

Market Cap: ₹9.5b

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

Vasa Denticity

Market Cap: ₹10.4b

Trades in dental products in India.

Interarch Building Solutions

Market Cap: ₹27.8b

Provides pre-engineered steel construction solutions in India.

Central Finance

Market Cap: LK₨43.9b

Provides various financial solutions primarily in Sri Lanka.

Rrp Semiconductor

Market Cap: ₹11.5b

Trades in electronic parts in India.

KP Green Engineering

Market Cap: ₹23.1b

Engages in engineering and manufacture of steel structure in India.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, markets, promotes, and sells pharmaceutical products and medical devices primarily in the People’s Republic of China.

Fengyinhe Holdings

Market Cap: HK$970.2m

An investment holding company, provides various financial services to real estate industry in the People’s Republic of China.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.9b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Shri Jagdamba Polymers

Market Cap: ₹9.6b

Engages in the manufacture and sale of technical textile products in India.

Surya Toto Indonesia

Market Cap: Rp2.2t

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

Fanli Digital TechnologyLtd

Market Cap: CN¥1.5b

Operates Fanli.com, an e-commerce shopping guide platform in China.

Knowledge Marine & Engineering Works

Market Cap: ₹16.0b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.