Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Payton Industries

Market Cap: ₪525.1m

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.

Capricorn Group

Market Cap: R11.0b

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

Rimoni Industries

Market Cap: ₪462.2m

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.

Maistra d.d

Market Cap: €591.0m

Engages in the hotel business in Croatia.

Transcorp Power

Market Cap: ₦2.4t

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

Mendelson Infrastructures & Industries

Market Cap: ₪710.0m

Mendelson Infrastructures & Industries Ltd.

Terminal X Online

Market Cap: ₪685.8m

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

Acsion

Market Cap: R3.4b

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

Rotshtein Realestate

Market Cap: ₪1.5b

Develops and constructs residential projects in Israel.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 301.2b

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

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

NICO Holdings

Market Cap: MK 907.2b

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.

NSIA Banque Société Anonyme

Market Cap: XOF 244.9b

Provides various banking products and services.

Chilanga Cement

Market Cap: K6.1b

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

Y.D. More Investments

Market Cap: ₪2.6b

A privately owned Investment Manager.

Amir Marketing and Investments in Agriculture

Market Cap: ₪417.0m

Supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪409.0m

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

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.

Formula Systems (1985)

Market Cap: ₪6.6b

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.

Nigerian Aviation Handling

Market Cap: ₦194.8b

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

Standard Bank

Market Cap: MK 2.8t

Provides banking and other related services in Malawi.

Lampsa Hellenic Hotels

Market Cap: €854.6m

Operates and manages hotels in Greece, Cyprus, and Serbia.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

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.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

MAPFRE Middlesea

Market Cap: €132.5m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

Grendene

Market Cap: R$4.7b

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

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.

Potasios de Chile

Market Cap: CL$536.2b

Engages in investment in shares and other financial instruments in Chile.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Darwin

Market Cap: €87.6m

Operates as a biotechnology company.