Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 305.0b

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

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

Market Cap: ج.م17.4b

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.

Senstar Technologies

Market Cap: US$105.5m

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

Telematic Interactive Bulgaria EAD

Market Cap: лв283.9m

Offers online betting and gambling services.

Telekom Networks Malawi

Market Cap: MK 402.2b

Provides telecommunication services to enterprises and individual customers in Malawi.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 75.6b

Processes heavy bitumen crude in Africa.

ANSA Merchant Bank

Market Cap: TT$3.2b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Eurofins-Cerep

Market Cap: €91.8m

Provides various drug discovery services to pharmaceutical, biopharmaceutical, and biotechnology companies France and internationally.

Wema Bank

Market Cap: ₦469.3b

Provides banking and other financial services to corporate and individual customers in Nigeria.

PINAGO UTAMA

Market Cap: Rp1.9t

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

GlaxoSmithKlineE

Market Cap: ج.م5.7b

Engages in production of pharmaceutical chemicals.

Nigerian Aviation Handling

Market Cap: ₦204.7b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Zambia Sugar

Market Cap: K16.5b

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

La Forestière Equatoriale

Market Cap: €102.5m

Does not have any significant operations.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م37.8b

Produces and sells fertilizers.

First Northern Community Bancorp

Market Cap: US$191.4m

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.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

DINE. de

Market Cap: Mex$14.3b

Develops real estate projects in Mexico.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

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

Grendene

Market Cap: R$4.7b

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

Hermes Transportes Blindados

Market Cap: S/750.4m

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

Corporación Financiera Colombiana

Market Cap: Col$6.5t

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

Inversiones Siemel

Market Cap: CL$104.1b

Operates in the agribusiness and agriculture, real estate, finance, and information technology sectors in Chile.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Morris State Bancshares

Market Cap: US$237.0m

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

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

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

Sopharma AD

Market Cap: лв1.4b

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

Inversiones Doalca SOCIMI

Market Cap: €154.2m

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

MKH Berhad

Market Cap: RM 582.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Mulpha International Bhd

Market Cap: RM 930.8m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.