Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Transcorp Power

Market Cap: ₦2.3t

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

Alumil Aluminium Industry

Market Cap: €155.6m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

GB Holdings

Market Cap: US$55.0m

Produces rubber and chemical products in Zimbabwe.

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi

Market Cap: ₺11.0b

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S.

Empresas Lipigas

Market Cap: CL$941.1b

Engages in the distribution and sale of liquefied petroleum gas (LPG), natural gas (NG), and liquefied natural gas (LNG) in Chile, Peru, and Colombia.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.0b

Marmaris Altinyunus Turistik Tesisler A.S.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺32.9b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Central Cooperative Bank AD

Market Cap: лв235.2m

A commercial bank, provides various financial products and services.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

AB Akola Group

Market Cap: €305.7m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Sopharma AD

Market Cap: лв1.5b

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

Cyprus Cement

Market Cap: €172.8m

Engages in the manufacturing and sale of cement and related business in Cyprus.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺6.7b

Operates as an asset management company.

VNV Global

Market Cap: SEK 2.7b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

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.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.9b

Operates in the tourism, construction, and energy sectors in Turkey.

Mackolik Internet Hizmetleri Ticaret

Market Cap: ₺4.4b

Mackolik Internet Hizmetleri Ticaret A.S.

Alantra Partners

Market Cap: €303.8m

Engages in the investment banking and asset management services in Spain and internationally.

Capricorn Group

Market Cap: R13.2b

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

Transnational Corporation of Nigeria

Market Cap: ₦428.8b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

MCH Group

Market Cap: CHF 105.4m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Inmocemento

Market Cap: €1.6b

Through its subsidiaries, engages in the cement and real estate businesses in Spain and internationally.

Purple Group

Market Cap: R2.9b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Performance Technologies

Market Cap: €106.8m

Provides production and marketing of it products, solutions and services, in Greece.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

First National Bank of Botswana

Market Cap: P13.9b

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

Smart Organic AD

Market Cap: лв362.9m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

Dekpol

Market Cap: zł654.0m

Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland.

Famous Brands

Market Cap: R5.4b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa.

Nigerian Aviation Handling

Market Cap: ₦202.6b

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

Maistra d.d

Market Cap: €623.8m

Engages in the hotel business in Croatia.