Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س657.3m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

JB Foods

Market Cap: S$242.6m

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.

Najran Cement

Market Cap: ر.س1.0b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س826.9m

Produces and sells bakery products in Saudi Arabia.

Etihad GO Telecom

Market Cap: ر.س2.8b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Onix Solar Energy

Market Cap: ₹18.1b

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

MOBI Industry

Market Cap: ر.س574.5m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Joyce

Market Cap: AU$166.8m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

Baazeem Trading

Market Cap: ر.س540.7m

Operates as a FMCG distribution company.

Mendelson Infrastructures & Industries

Market Cap: ₪635.1m

Engages in the supply of conduction and flow products in Israel.

Envirotainer

Market Cap: €398.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Kingstone Companies

Market Cap: US$218.8m

Through its subsidiary, Kingstone Insurance Company ("KICO"), provides property and casualty insurance products in the United States.

Jamuna Bank

Market Cap: ৳22.5b

Provides various banking products and services in Bangladesh.

Padma Oil

Market Cap: ৳17.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

M+S Hydraulic AD

Market Cap: €205.1m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.

Medinice

Market Cap: zł390.0m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Standard Bank

Market Cap: MK 995.9b

Provides banking and other related services in Malawi.

Telekom Networks Malawi

Market Cap: MK 355.5b

Provides telecommunication services to enterprises and individual customers in Malawi.

Seneca Foods

Market Cap: US$963.3m

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

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺17.4b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Quest Holdings

Market Cap: €692.6m

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

Freetrailer Group

Market Cap: €547.1m

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

Dekpol

Market Cap: zł635.6m

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

Namibia Breweries

Market Cap: R6.3b

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

Soma Gold

Market Cap: CA$220.8m

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

First Bancorp

Market Cap: US$308.4m

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

Pasifik Eurasia Lojistik Dis Ticaret

Market Cap: ₺82.0b

Pasifik Eurasia Lojistik Dis Ticaret A.S.

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺7.4b

Produces and sells food products in Turkey.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.6b

A publicly owned investment manager.

Alumil Aluminium Industry

Market Cap: €190.6m

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

Winchester Bancorp

Market Cap: US$119.6m

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

Famous Brands

Market Cap: R5.0b

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.