Global Undiscovered Gems With Strong Fundamentals

Ovostar Union

Market Cap: zł421.2m

Produces and distributes shell eggs and egg products under the YASENSVIT and OVOSTAR brands in Ukraine, the European Union, the Middle East, Asia, Africa, and the Commonwealth of Independent States.

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Anbio Biotechnology

Market Cap: US$293.2m

Provides in vitro diagnostics (IVD) products in the European Union, the Asia Pacific, North America, South America, Africa, and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 68.3b

Processes heavy bitumen crude in Africa.

HOMAG Group

Market Cap: €420.4m

Manufactures and sells machines and solutions for woodworking and timber construction industries worldwide.

NSIA Banque Société Anonyme

Market Cap: XOF 222.5b

Provides various banking products and services.

Omega Flex

Market Cap: US$404.3m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

AB Vilkyskiu pienine

Market Cap: €110.6m

Engages in the production and sale of dairy products in Lithuania, rest of the European Union, and internationally.

Infinity Capital Investments

Market Cap: RON 1.2b

S.I.F. Oltenia S.A. is a private equity and venture capital firm specializing in investments in asset management, expansion, development, start-up, turnaround, and restructuring.

African Rainbow Capital Investments

Market Cap: R12.5b

An investment holding company, invests in a portfolio of listed and unlisted investments in South Africa, rest of Africa, and internationally.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺21.6b

Provides software development services to public and private organizations in Turkey.

Reitar Logtech Holdings

Market Cap: US$190.5m

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

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.

DAM Capital Advisors

Market Cap: ₹14.5b

Provides investment banking services.

Jordanian Duty Free Shops

Market Cap: د.أ142.9m

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

Invest Bank

Market Cap: د.أ196.3m

Provides various banking and related financial services in Jordan.

FRMO

Market Cap: US$375.5m

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

Kerevitas Gida Sanayi ve Ticaret

Market Cap: ₺11.6b

Produces and trades in frozen and canned products in Turkey.

Onde

Market Cap: zł582.2m

Engages in the designing and construction solutions for the renewable energy sector in Poland and internationally.

Aesler Grup Internasional

Market Cap: Rp2.0t

Provides architectural and construction management services in Indonesia.

Conoil

Market Cap: ₦229.8b

Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria.

Prim

Market Cap: €176.1m

Provides health technology, mobility, and health care products in Spain.

Meditera Tibbi Malzeme Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺5.1b

Manufactures and sells medical devices in Turkey.

Standard Bank

Market Cap: MK 1.9t

Provides banking and other related services in Malawi.

Vakif Gayrimenkul Yatirim Ortakligi

Market Cap: ₺7.7b

A real estate investment trust.

FRoSTA

Market Cap: €528.0m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

BBGI Global Infrastructure

Market Cap: UK£995.1m

An investment firm specializing in infrastructure investments in operational or near operational assets.

Flügger group

Market Cap: DKK 1.0b

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

Maistra d.d

Market Cap: €527.5m

Engages in the hotel business in Croatia.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺21.8b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺4.1b

Engages in the production and sale of cotton and synthetic yarn in Turkey and internationally.

Sun

Market Cap: MU₨7.1b

Operates in the tourism sector.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.2b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Marítima de Inversiones

Market Cap: CL$260.4b

Maritima de Inversiones SA is a publicly owned investment manager.

Lavipharm

Market Cap: €133.1m

Engages in the research, development, manufacture, import, marketing, sale, and wholesale of pharmaceutical, dermocosmetic, and healthcare products to physicians and pharmacists in Greece and internationally.

Moury Construct

Market Cap: €201.9m

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium.