Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

First National Bank of Botswana

Market Cap: P14.5b

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

Jordanian Duty Free Shops

Market Cap: د.أ141.8m

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

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Joyce

Market Cap: AU$174.5m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Taiyo KagakuLtd

Market Cap: JP¥44.1b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

AJIS

Market Cap: JP¥37.2b

Provides retail support services in Japan and internationally.

MAPFRE Middlesea

Market Cap: €144.4m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Shenke Slide Bearing

Market Cap: CN¥3.0b

Researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People’s Republic of China and internationally.

Kanda HoldingsLtd

Market Cap: JP¥18.7b

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

TSTE

Market Cap: ฿3.9b

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

Nippon Care Supply

Market Cap: JP¥34.5b

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

NanJing Research Institute of Surveying Mapping & Geotechnical InvestigationCo.Ltd

Market Cap: CN¥2.9b

NanJing Research Institute of Surveying, Mapping & Geotechnical Investigation,Co.Ltd.

System ResearchLtd

Market Cap: JP¥27.1b

Provides software development services in Japan.

FALCO HOLDINGS

Market Cap: JP¥25.1b

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

Needs Well

Market Cap: JP¥17.2b

Engages in the IT service business in Japan.

NS United Kaiun Kaisha

Market Cap: JP¥185.0b

Engages in the marine transportation services and related business in Japan and internationally.

Envirotainer

Market Cap: €395.1m

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

Grendene

Market Cap: R$4.0b

Engages in the development, production, distribution, sale, and market of plastic footwear in Brazil, North America, Asia, Oceania, Europe, Central and South America, the Middle East, and Africa.

Bahrain National Holding Company B.S.C

Market Cap: ب.د64.7m

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

Seneca Foods

Market Cap: US$931.5m

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

Oakworth Capital

Market Cap: US$187.7m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Steppe Gold

Market Cap: CA$328.7m

Engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru.

Saha-Union

Market Cap: ฿7.9b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Qiming Information TechnologyLtd

Market Cap: CN¥7.2b

Provides enterprise digital operation, smart car and intelligent connectivity, and cloud solutions primarily in China.

YagiLtd

Market Cap: JP¥31.6b

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

Soliton Systems K.K

Market Cap: JP¥32.9b

Engages in the development and sale of IT security-related products in Japan, the United States, and internationally.

Tibet Development

Market Cap: CN¥2.6b

Engages in the production and sale of beer in China.

Cresco

Market Cap: JP¥55.6b

Engages in the provision of information technology (IT) services and digital solutions in Japan.

Jiangsu Hongde Special PartsLtd

Market Cap: CN¥2.5b

Engages in the research and development, production, and sale of casting products in China.

Hoshi Iryo-Sanki

Market Cap: JP¥16.1b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Xiamen Jihong

Market Cap: CN¥8.3b

Engages in the cross-border social e-commerce and paper packaging solutions business.

Zhejiang Walrus New Material

Market Cap: CN¥2.4b

Engages in the research and development, production, and sale of PVC flooring products in China and internationally.

Akatsuki

Market Cap: JP¥19.3b

Engages in the real estate and securities businesses in Japan.

Techno Ryowa

Market Cap: JP¥138.0b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.