Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

JB Foods

Market Cap: S$227.0m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Taiyo KagakuLtd

Market Cap: JP¥46.8b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Asian Terminals

Market Cap: ₱54.0b

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

Ideal Capital Berhad

Market Cap: RM 1.8b

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

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Onix Solar Energy

Market Cap: ₹18.3b

Engages in the trading of non-ferrous metals in India.

Changjiu Holdings

Market Cap: HK$1.1b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

First Bancorp

Market Cap: US$302.9m

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

Acsion

Market Cap: R4.9b

Engages in property holding and development activities in South Africa 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.

SALUS Ljubljana d. d

Market Cap: €579.5m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

AB Akola Group

Market Cap: €291.6m

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.

Sound Financial Bancorp

Market Cap: US$112.2m

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

MCH Group

Market Cap: CHF 109.1m

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

Infinity Capital Investments

Market Cap: RON 1.6b

A private equity and venture capital firm specializing in investments in asset management, expansion, development, start-up, growth capital, turnaround, and restructuring.

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €511.6m

Operates as a cooperative bank in France.

Quest Holdings

Market Cap: €670.4m

Engages in the distribution of information technology and telecommunications products in Greece, Romania, Cyprus, Luxembourg, Belgium, Spain, and Italy.

Union Bankshares

Market Cap: US$103.8m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €99.9m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

AIICO Insurance

Market Cap: ₦148.3b

Provides risk underwriting and related financial services in Nigeria.

Wema Bank

Market Cap: ₦1.0t

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

Winchester Bancorp

Market Cap: US$113.7m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

Alumil Aluminium Industry

Market Cap: €180.9m

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

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.4b

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

Odlewnie Polskie

Market Cap: zł412.2m

Produces and sells castings in Germany, the Czech Republic, the Netherlands, the United States, Sweden, Hungary, Great Britain, Austria, Slovakia, Denmark, Turkey, Spain, Italy, Switzerland, France, and Serbia.

Transnational

Market Cap: ₦488.3b

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

Morris State Bancshares

Market Cap: US$264.9m

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

Decora

Market Cap: zł746.7m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

A3 Mercados

Market Cap: AR$723.3b

Operates as a market for negotiable securities in Argentina and internationally.

Pasifik Holding

Market Cap: ₺29.6b

Through its subsidiaries, engages in providing diversified range of services in various sectors.

Banco di Desio e della Brianza

Market Cap: €1.1b

Provides banking products and services to individuals and enterprises in Italy.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 645.3b

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

Famous Brands

Market Cap: R5.2b

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.

Odas Elektrik Üretim Sanayi Ticaret

Market Cap: ₺8.7b

Produces and sells electricity by natural gas combined cycles in Turkey and internationally.

GB Holdings

Market Cap: US$55.2m

Produces rubber and chemical products in Zimbabwe.