Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

GB Holdings

Market Cap: US$54.7m

Provides rubber and chemical products in Zimbabwe.

Affinity Bancshares

Market Cap: US$116.0m

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

Metalpha Technology Holding

Market Cap: US$118.4m

Provides wealth management services in Hong Kong.

Seneca Foods

Market Cap: US$854.2m

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

Union Bankshares

Market Cap: US$100.2m

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Grendene

Market Cap: R$4.2b

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

Soma Gold

Market Cap: CA$179.4m

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

First Bancorp

Market Cap: US$278.4m

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

Freetrailer Group

Market Cap: €743.4m

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

Franklin Financial Services

Market Cap: US$214.9m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Sound Financial Bancorp

Market Cap: US$114.0m

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

Senstar Technologies

Market Cap: US$104.6m

Provides physical, video, and access control security products and solutions worldwide.

Epsilon Energy

Market Cap: US$106.6m

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.

FineMark Holdings

Market Cap: US$435.2m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Capricorn Group

Market Cap: R11.7b

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

ASA Gold and Precious Metals

Market Cap: US$897.4m

A publicly owned investment manager.

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$25.3b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.

Zambia Sugar

Market Cap: K20.7b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Southern Michigan Bancorp

Market Cap: US$108.7m

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

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

First Northern Community Bancorp

Market Cap: US$207.7m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Morris State Bancshares

Market Cap: US$250.3m

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

Oakworth Capital

Market Cap: US$173.1m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Procimmo Group

Market Cap: CHF 360.4m

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Hermes Transportes Blindados

Market Cap: S/719.8m

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

Pure Cycle

Market Cap: US$265.6m

Provides water and wastewater services in the United States.

FRMO

Market Cap: US$357.9m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Itafos

Market Cap: CA$633.8m

Operates as a phosphate and specialty fertilizer company.

Tri-County Financial Group

Market Cap: US$114.7m

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.

Xiamen Jiarong TechnologyLtd

Market Cap: CN¥3.8b

Manufactures and sells environmental protection equipment.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$387.7b

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

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.