Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

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

Market Cap: ج.م12.9b

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.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$28.2b

Operates self-service stores that sell office supplies, electronic goods, and housewares in Mexico, Central America, the Caribbean, Colombia, and Chile.

Reitar Logtech Holdings

Market Cap: US$256.0m

Through its subsidiaries, provides construction management and engineering design services.

Shangri-La Hotel

Market Cap: ฿6.1b

Operates hotels in Bangkok and Chiang Mai provinces.

Metalpha Technology Holding

Market Cap: US$125.5m

Provides wealth management services in Hong Kong.

Itafos

Market Cap: CA$570.0m

Operates as a phosphate and specialty fertilizer company.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 70.9b

Processes heavy bitumen crude in Africa.

Sociedad Matriz SAAM

Market Cap: CL$1.1t

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

Preformed Line Products

Market Cap: US$732.8m

Designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries.

Acsion

Market Cap: R2.3b

Engages in property holding and development activities in South Africa and internationally.

GB Holdings

Market Cap: US$54.0m

Provides rubber and chemical products in Zimbabwe.

Valhi

Market Cap: US$436.6m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Chilanga Cement

Market Cap: K6.1b

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

TSTE

Market Cap: ฿4.5b

Primarily engages in the production and distribution of wheat flour in Thailand.

PINAGO UTAMA

Market Cap: Rp1.9t

Engages in the oil palm and rubber plantation business in Indonesia.

NSIA Banque Société Anonyme

Market Cap: XOF 237.5b

Provides various banking products and services.

Pure Cycle

Market Cap: US$234.7m

Provides wholesale water and wastewater services in the United States.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 303.7b

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

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Standard Bank

Market Cap: MK 757.5b

Provides banking and other related services in Malawi.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Inversiones Doalca SOCIMI

Market Cap: €153.0m

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

Zona Franca de Iquique

Market Cap: CL$205.0b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Rich Sparkle Holdings

Market Cap: US$391.9m

Provides financial printing and corporate services in Hong Kong.

Gulf Island Fabrication

Market Cap: US$111.5m

Operates as a fabricator of steel structures and modules in the United States.

Solesence

Market Cap: US$195.6m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

FineMark Holdings

Market Cap: US$487.6m

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

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

Sound Financial Bancorp

Market Cap: US$116.6m

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

First Bancorp

Market Cap: US$277.7m

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

Capricorn Group

Market Cap: R11.1b

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

FRMO

Market Cap: US$380.8m

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

Freetrailer Group

Market Cap: €663.8m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Affinity Bancshares

Market Cap: US$119.2m

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