Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Jordanian Duty Free Shops

Market Cap: د.أ146.3m

Invests in, operates, and manages duty-free shops.

ANSA Merchant Bank

Market Cap: TT$3.3b

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

Wema Bank

Market Cap: ₦507.9b

Provides banking and other financial services to corporate and individual customers in Nigeria.

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Rich Sparkle Holdings

Market Cap: US$431.3m

Provides financial printing and corporate services in Hong Kong.

SalfaCorp

Market Cap: CL$444.9b

Engages in engineering, construction, and real estate businesses in Chile and internationally.

Transcorp Power

Market Cap: ₦2.1t

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

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Itafos

Market Cap: CA$575.8m

Operates as a phosphate and specialty fertilizer company.

Solesence

Market Cap: US$252.3m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

FineMark Holdings

Market Cap: US$505.0m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Sound Financial Bancorp

Market Cap: US$118.4m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Mill City Ventures III

Market Cap: US$564.1m

A principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

FRMO

Market Cap: US$390.0m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Deutsche Balaton

Market Cap: €204.7m

A private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets.

Practic

Market Cap: RON 736.5m

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

First Bancorp

Market Cap: US$290.1m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Zambia Sugar

Market Cap: K13.3b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Freetrailer Group

Market Cap: €688.3m

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

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.

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

Market Cap: ج.م17.3b

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.

va-Q-tec

Market Cap: €392.2m

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

Standard Bank

Market Cap: MK 1.0t

Provides banking and other related services in Malawi.

First National Bank of Botswana

Market Cap: P13.6b

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

Valhi

Market Cap: US$483.7m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

ASA Gold and Precious Metals

Market Cap: US$653.9m

A publicly owned investment manager.

First Northern Community Bancorp

Market Cap: US$181.6m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

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.

Chilanga Cement

Market Cap: K6.0b

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

PINAGO UTAMA

Market Cap: Rp1.9t

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

Zona Franca de Iquique

Market Cap: CL$215.8b

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.