Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م30.9b

Produces and sells fertilizers.

Epsilon Energy

Market Cap: US$167.7m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Cashmere Valley Bank

Market Cap: US$253.3m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Kingstone Companies

Market Cap: US$218.8m

Through its subsidiary, Kingstone Insurance Company ("KICO"), provides property and casualty insurance products in the United States.

Lion Capital

Market Cap: RON 2.4b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

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.

ANSA Merchant Bank

Market Cap: TT$2.1b

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

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م21.8b

Provides various banking products and services in Egypt.

Central Forest Group

Market Cap: JP¥22.8b

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

Procimmo Group

Market Cap: CHF 378.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

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

Market Cap: ج.م23.9b

Engages in the establishment and management of technology zones, scientific incubators, and training centers for the preparation of researchers, transfer technology, and related services in Egypt.

New Mauritius Hotels

Market Cap: MU₨7.2b

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

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Soma Gold

Market Cap: CA$220.8m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

First Bancorp

Market Cap: US$308.4m

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

Namibia Breweries

Market Cap: R6.3b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Telekom Networks Malawi

Market Cap: MK 355.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

Freetrailer Group

Market Cap: €547.1m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

Affinity Bancshares

Market Cap: US$116.1m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Seneca Foods

Market Cap: US$963.3m

Provides packaged fruits and vegetables in the United States and internationally.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

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

NameSilo Technologies

Market Cap: US$121.1m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

First National Bank of Botswana

Market Cap: P14.4b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Sopharma AD

Market Cap: €888.2m

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Morris State Bancshares

Market Cap: US$258.0m

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

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 650.4b

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

Bank of Africa Mali

Market Cap: XOF 130.5b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Asian Terminals

Market Cap: ₱56.2b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Ouro Fino Saúde Animal Participações

Market Cap: R$1.5b

Engages in the development, production, and sale of veterinary drugs, vaccines, and other products for production and companion animals primarily in Brazil.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Seef Properties B.S.C

Market Cap: ب.د53.4m

Engages in the real estate development business in the Kingdom of Bahrain.

Grendene

Market Cap: R$4.1b

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

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.