Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Hua Na Hydropower

Market Cap: ₫5.5t

Engages in the investment, production, and trading of electricity in Vietnam.

Cairo Amman Bank

Market Cap: د.أ276.0m

Provides various banking and financial services for corporate and institutional customers.

Seef Properties B.S.C

Market Cap: ب.د53.8m

Engages in the real estate development business in the Kingdom of Bahrain.

Hextar Global Berhad

Market Cap: RM 3.1b

An investment holding company, engages in manufacturing, trading, and distribution of a various agrochemicals and fertilisers in Malaysia.

MKH Berhad

Market Cap: RM 533.6m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.8m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Hafary Holdings

Market Cap: S$202.4m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Nestlé Pakistan

Market Cap: PK₨357.7b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Fauji Foods

Market Cap: PK₨37.9b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

National Industries Group Holding - KPSC

Market Cap: د.ك605.1m

Through its subsidiaries, engages in the building materials, petrochemicals, oil and gas services, mechanical industries, utilities, real estate, infrastructure, and financial services in Kuwait.

Sociedad Matriz SAAM

Market Cap: CL$1.5t

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

Freetrailer Group

Market Cap: €529.9m

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

Banco di Desio e della Brianza

Market Cap: €1.1b

Provides banking products and services to individuals and enterprises in Italy.

Decora

Market Cap: zł753.1m

Engages in the production, distribution, sale, and export of flooring products and accessories in Poland.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك43.8m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك347.8m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

BAUER

Market Cap: €249.6m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Sopharma AD

Market Cap: €901.3m

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

First National Bank of Botswana

Market Cap: P14.4b

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

Envirotainer

Market Cap: €395.1m

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

Caisse Regionale de Credit Agricole Mutuel Toulouse 31

Market Cap: €507.6m

Operates as a cooperative bank in France.

MCH Group

Market Cap: CHF 113.2m

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

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Viking Line Abp

Market Cap: €362.9m

Provides passenger and cargo carrier services.

Soma Gold

Market Cap: CA$184.2m

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

Lion Capital

Market Cap: RON 2.3b

SIF Banat-Crisana is a self-managed closed-end investment company and since March 2018, it is authorized by ASF as alternative investment fund manager.

Dekpol

Market Cap: zł652.3m

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

Bijou Brigitte modische Accessoires

Market Cap: €314.7m

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

National Investments Company K.S.C.P

Market Cap: د.ك218.2m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك181.4m

Engages in insurance and reinsurance operations in Kuwait.

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

First Investment Company K.S.C.P

Market Cap: د.ك49.9m

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.ك37.7m

Engages in managing real estate projects in Kuwait.