Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

DINE. de

Market Cap: Mex$14.3b

Develops real estate projects in Mexico.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Namibia Breweries

Market Cap: R6.0b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 307.4b

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.م17.5b

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.

Telekom Networks Malawi

Market Cap: MK 361.8b

Provides telecommunication services to enterprises and individual customers in Malawi.

GlaxoSmithKlineE

Market Cap: ج.م5.2b

Engages in production of pharmaceutical chemicals.

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.

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م29.3b

Produces and sells fertilizers.

Chilanga Cement

Market Cap: K7.0b

Engages in the manufacture and sale of cement products in Zambia.

ANSA Merchant Bank

Market Cap: TT$3.2b

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

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 73.3b

Processes heavy bitumen crude in Africa.

Eurofins-Cerep

Market Cap: €91.8m

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

Acsion

Market Cap: R3.1b

Engages in property holding and development activities in South Africa and internationally.

Standard Bank

Market Cap: MK 1.5t

Provides banking and other related services in Malawi.

PINAGO UTAMA

Market Cap: Rp1.9t

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

Sparta

Market Cap: €111.2m

A publicly owned investment manager.

Nigerian Aviation Handling

Market Cap: ₦207.6b

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

Aesler Grup Internasional

Market Cap: Rp3.0t

Provides architectural and construction management services in Indonesia.

Bank of Africa Mali

Market Cap: XOF 107.1b

Provides various banking products and services to individuals, business customers, and SMEs in Mali.

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.

Freetrailer Group

Market Cap: €726.0m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Senstar Technologies

Market Cap: US$104.8m

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

Transcorp Power

Market Cap: ₦2.4t

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

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

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

Darwin

Market Cap: €96.0m

Operates as a biotechnology company.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Y.D. More Investments

Market Cap: ₪2.9b

A privately owned Investment Manager.

Rimoni Industries

Market Cap: ₪413.5m

Engages in the design, engineering, and manufacture of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel.

Amir Marketing and Investments in Agriculture

Market Cap: ₪446.8m

Supplies and markets agricultural inputs in Israel.

Mendelson Infrastructures & Industries

Market Cap: ₪485.3m

Mendelson Infrastructures & Industries Ltd.

Rotshtein Realestate

Market Cap: ₪1.4b

Develops and constructs residential projects in Israel.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.4b

A publicly owned investment manager.

Payton Industries

Market Cap: ₪455.2m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.

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.