Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Practic

Market Cap: RON 567.2m

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

MOBI Industry

Market Cap: ر.س648.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Linde Bangladesh

Market Cap: ৳12.9b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Sure Global Tech

Market Cap: ر.س616.0m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Invest Bank

Market Cap: د.أ221.3m

Provides various banking and related financial services in Jordan.

Baazeem Trading

Market Cap: ر.س554.9m

Operates as a FMCG distribution company.

Saudi Chemical Holding

Market Cap: ر.س6.4b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

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

Padma Oil

Market Cap: ৳17.6b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س798.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

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.

Sugar Terminals

Market Cap: AU$349.2m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Vinacomin - Power Holding

Market Cap: ₫8.8t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Potasios de Chile

Market Cap: CL$536.2b

Engages in investment in shares and other financial instruments in Chile.

Jamuna Bank

Market Cap: ৳15.9b

Provides various banking products and services in Bangladesh.

Jadranski naftovod d.d

Market Cap: €801.1m

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

Darwin

Market Cap: €96.6m

Operates as a biotechnology company.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

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

Tohoku Steel

Market Cap: JP¥14.9b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

Waja

Market Cap: ر.س497.7m

Engages in the construction, media and communication, and information technology businesses.

MAPFRE Middlesea

Market Cap: €137.1m

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

Keir International

Market Cap: ر.س474.0m

Provides a range of service solutions.

Sinomag Technology

Market Cap: CN¥4.6b

Engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide.

Wuxi Huadong Heavy Machinery

Market Cap: CN¥6.8b

Manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China.

Ve Wong

Market Cap: NT$9.4b

Produces and distributes foods, drinks, and seasonings in Taiwan, Thailand, and Vietnam.

Hong Tai Electric Industrial

Market Cap: NT$11.3b

Manufactures, processes, and sells wires and cables, communication products and accessories, and copper foil substrates.

Xiangyang Changyuandonggu Industry

Market Cap: CN¥7.2b

Xiangyang Changyuandonggu Industry Co., Ltd.

Rrp Semiconductor

Market Cap: ₹21.7b

Trades in electronic parts in India.