Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Namibia Breweries

Market Cap: R6.6b

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

Marvipol Development

Market Cap: zł368.2m

Develops residential projects in Poland.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 104.1b

Processes heavy bitumen crude in Africa.

Alantra Partners

Market Cap: €388.3m

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

Maezawa Kasei Industries

Market Cap: JP¥28.6b

Produces and sells water and sewerage related products, and environmental equipment.

Odlewnie Polskie

Market Cap: zł375.0m

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.

Bijou Brigitte modische Accessoires

Market Cap: €410.6m

Manufactures, imports, and sells fashion jewelry, gold and silver jewelry, fashion accessories, and complementary articles.

Sopharma AD

Market Cap: €988.0m

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

Empresas Lipigas

Market Cap: CL$947.1b

Provides energy solutions through the marketing, distribution, and sale of liquefied petroleum gas (LPG), natural gas (NG), liquefied natural gas (LNG), and electricity for residential, commercial, and industrial use in Chile, Colombia, Peru, and Ecuador.

Moury Construct

Market Cap: €316.0m

Moury Construct SA, together with its subsidiaries, constructs and renovates residential and non-residential buildings in Belgium.

Chilanga Cement

Market Cap: K13.3b

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

Bank of the James Financial Group

Market Cap: US$103.9m

Operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States.

Southern Michigan Bancorp

Market Cap: US$139.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and government agencies primarily in the southwest and south-central Michigan communities.

Dn Agrar Group

Market Cap: RON 488.4m

Engages in the production of cow milk.

First National Bank of Botswana

Market Cap: P14.5b

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

MCH Group

Market Cap: CHF 136.4m

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

Sociedad Matriz SAAM

Market Cap: CL$1.5t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals services in South America, Central America, and North America.

Teekay

Market Cap: US$999.8m

Provides crude oil marine transportation and other marine services worldwide.

Bank of Africa Mali

Market Cap: XOF 139.7b

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

ABG Sundal Collier Holding

Market Cap: NOK 3.6b

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

Bahnhof

Market Cap: SEK 5.5b

Provides internet services to individuals and businesses in Sweden and internationally.

Wasko

Market Cap: zł559.9m

Designs, implements, and integrats software, information systems, and advanced industrial automation.

C. Mer Industries

Market Cap: ₪754.4m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and military technologies.

ANSA Merchant Bank

Market Cap: TT$2.5b

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

Y.D. More Investments

Market Cap: ₪3.7b

A privately owned Investment Manager.

Fidelity Life Assurance of Zimbabwe

Market Cap: US$63.7m

Provides life and funeral assurance, asset management, actuarial consultancy and micro-financing services in Zimbabwe and Malawi.

Audioboom Group

Market Cap: UK£100.7m

A podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States.

Inversiones Doalca SOCIMI

Market Cap: €155.4m

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

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €103.8m

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

Payton Industries

Market Cap: ₪741.5m

Engages in the development, production, and marketing of transformers in Israel, Asia, Europe, the United States, and internationally.

Linc

Market Cap: SEK 4.2b

A private equity and venture capital firm, specializing in early and mature stage investments in pharmaceutical, life-science and med-tech companies.

AIICO Insurance

Market Cap: ₦164.7b

Provides risk underwriting and related financial services in Nigeria.

Tri-County Financial Group

Market Cap: US$143.4m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Anbio Biotechnology

Market Cap: US$1.5b

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, and internationally.