Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Elron Ventures

Market Cap: US$112.3m

A venture capital firm specializing in early stage and seed investment.

Morris State Bancshares

Market Cap: US$237.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Hermes Transportes Blindados

Market Cap: S/690.1m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

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.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

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

Potasios de Chile

Market Cap: CL$488.6b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ92.0m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

ISE Chemicals

Market Cap: JP¥138.8b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

SML Isuzu

Market Cap: ₹60.8b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥8.5b

Ningbo Henghe Precision Industry Co.,Ltd.

Bank Ganesha

Market Cap: Rp2.8t

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

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹10.1b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥5.0b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Forth Smart Service

Market Cap: ฿4.5b

Provides prepaid mobile top-up services in Thailand.

Anpec Electronics

Market Cap: NT$13.1b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Uniplus Electronics

Market Cap: NT$6.4b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

PC Jeweller

Market Cap: ₹90.9b

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

Vikram Solar

Market Cap: ₹121.7b

Manufactures and sells solar photovoltaic modules/systems.

Akatsuki

Market Cap: JP¥16.9b

Engages in the real estate and securities businesses in Japan.

Vidhi Specialty Food Ingredients

Market Cap: ₹18.7b

Engages in manufacture and trading of synthetic food colors.

Toho

Market Cap: JP¥37.7b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

AlpenLtd

Market Cap: JP¥91.5b

Engages in the development and sale of sporting products in Japan.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Britam Holdings

Market Cap: KSh22.8b

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

Cherat Cement

Market Cap: PK₨66.9b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Haitian Water GroupLtd

Market Cap: CN¥3.7b

Provides water and environmental protection services in China.

Konishi

Market Cap: JP¥82.7b

Manufactures and sells synthetic adhesives in Japan.

Monolithisch India

Market Cap: ₹9.2b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Wuxi Huadong Heavy Machinery

Market Cap: CN¥9.0b

Manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China.

Unitech Computer

Market Cap: NT$7.4b

Engages in the information technology product channel business in Asia, America, Europe, and Oceania.

Bonny Worldwide

Market Cap: NT$8.9b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods.

Network People Services Technologies

Market Cap: ₹41.4b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Beijing Bashi Media

Market Cap: CN¥3.8b

Provides automotive services in China.