Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Hermes Transportes Blindados

Market Cap: S/719.8m

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Corporación Financiera Colombiana

Market Cap: Col$6.6t

Operates as a private financial institution in Columbia and Central America.

Cairo Amman Bank

Market Cap: د.أ306.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

First Investment Company K.S.C.P

Market Cap: د.ك62.0m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك46.9m

Engages in managing real estate projects in Kuwait.

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

Market Cap: ج.م21.3b

Provides various banking products and services in Egypt.

Konishi

Market Cap: JP¥83.9b

Manufactures and sells synthetic adhesives in Japan.

YagiLtd

Market Cap: JP¥26.8b

Together its subsidiaries, operates as a fiber trading company in Japan.

Otec

Market Cap: JP¥34.9b

Trades pipework equipment in Japan.

DoshishaLtd

Market Cap: JP¥107.8b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

FALCO HOLDINGS

Market Cap: JP¥25.6b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Indo Tech Transformers

Market Cap: ₹18.2b

Manufactures and sells transformers in India and internationally.

3B Blackbio Dx

Market Cap: ₹11.0b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Terminal X Online

Market Cap: ₪834.2m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

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

Market Cap: ج.م25.0b

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

Banyan Tree Holdings

Market Cap: S$537.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Menthobi Karyatama Raya

Market Cap: Rp1.8t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.

Thai Steel Cable

Market Cap: ฿3.8b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

First Juken

Market Cap: JP¥16.2b

Engages in the construction and sale of detached houses in Japan.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م34.2b

Produces and sells fertilizers.

Ohashi Technica

Market Cap: JP¥29.1b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

BLS E-Services

Market Cap: ₹19.4b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Saison Technology

Market Cap: JP¥32.5b

Engages in the system development and operation, and software package businesses in Japan.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.7m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك193.7m

Engages in insurance and reinsurance operations in Kuwait.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Maezawa Kasei Industries

Market Cap: JP¥31.7b

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

Nippon Care Supply

Market Cap: JP¥35.6b

Engages in the rental and wholesale of welfare equipment businesses in Japan.

Kanda HoldingsLtd

Market Cap: JP¥18.0b

Through its subsidiaries, operates as a logistics company in Japan and internationally.